The founders of a South African cryptocurrency investment firm have disappeared with a staggering 63,000 bitcoins ($2.09 billion) in what appears to be the largest exit scam in crypto history. Africrypt, led by founder and Chief Executive Officer Raees Cajee and his brother and Chief Operating Officer Ameer Cajee, was founded in 2016 and offered global ...

Security pioneer and cryptocurrency supporter John McAfee has been found dead in a Spanish prison from an apparent suicide at the age of 75. In October, McAfee was arrested in Spain after being indicted in the U.S. on multiple counts of tax evasion. His death followed a ruling from Spain’s National Court that he should ...

Enterprise enclaves startup Anjuna Security Inc. announced today it has raised $30 million to bring its Confidential Cloud Software Platform to market and to evolve its technology and security innovations in the enterprise confidential computing market. Insight Partners led the Series B round. Founded in 2018, the company provides a platform that leverages confidential computing technologies to ...

Data store and object security startup Symmetry Systems Inc. today announced it has raised $15 million in new funding to support its rapid growth in revenue, customers and employees. Prefix Capital and ForgePoint Capital led the Series A round. Other investors include Accenture Ventures, Symmetry Systems and a number of individual investors. Those individual investors included Tom ...

Israeli cloud security platform startup Lightspin Technologies Ltd. announced today that it has raised $16 million in funding, with plans to triple its headcount. Dell Technologies Capital led the Series A round, with Ibex Investors also participating. Including the new funding, Lightspin has raised $20 million to date. Founded in 2020, Lightspin offers a context-based cloud ...

Managed detection and response firm Pondurance LLC revealed today that it has acquired advisory and assessment services provider Bearing Cybersecurity & Consulting LLC for an undisclosed price. Based in Rockwall, Texas, Bearing develops software solutions across different industries, including financial services, private equity, health, retail, transportation and entertainment. The company offers its software both directly and ...

Lidar company Quanergy Systems Inc. today announced its intention to go public through a special-purpose acquisition company merger with CITIC Capital Acquisition Corp. The deal values Quanergy at $1.1 billion, with the combined companies having an implied equity value of $1.4 billion. CCAC had previously raised $240 million in an initial public offering on the New York ...

Google LLC today expanded the general availability of its device management service Android Enterprise Essentials to partners in the U.S., the U.K, Japan, France and Germany. Launched in January, Android Enterprise Solutions is a mobile management and security solution aimed at small to medium-sized enterprises. The service is pitched as making it easy to protect ...

The price of bitcoin dropped in trading today on news that the Communist Party of China has further cracked down on the trading of bitcoin and bitcoin mining. The People’s Bank of China said today that the country’s major financial institutions must stop facilitating virtual-currency transactions. The PBOC is China’s central bank responsible for carrying ...

Cybersecurity company Lookout Inc. today announced an expanded partnership with Google Cloud to deliver endpoint-to-cloud security to organizations around the world. Under the new partnership, Lookout has delivered new BeyondCorp Alliance product integrations and debuted its Lookout Mobile Endpoint Security solution on Google Cloud Marketplace. BeyondCorp is Google LLC’s implementation of the zero-trust model, a security framework ...