The price of Ethereum plunged today as the developers of the cryptocurrency were forced to delay an update following the discovery of a new security vulnerability. The Ethereum Improvement Proposal 1283, code-named “Constantinople,” was scheduled to go live Wednesday, but that has now been delayed to a date unknown after a security company detailed a vulnerability ...

Collaboration software supplier Smartsheet Inc. has acquired TernPro Inc., the maker of Slope, an application that assists teams to collaborate on and manage creative work. The terms of the acquisition were not disclosed. The company had raised $2.6 million in funding prior to its acquisition. Founded in 2014, Slope allows for the management of tasks, projects, creative proofing ...

Snap Inc. is losing another executive as Chief Financial Officer Tim Stone is set to leave the company after only eight months on the job. Stone, who had worked at Amazon.com Inc. for nearly 20 years, most previously in the position of vice president of finance, joined Snap in May, replacing the company’s founding CFO ...

A city in Texas has been forced to return to the days of pen and paper after a ransomware attack crippled their computer network. In the latest of many similar attacks, the unknown form of ransomware shut down computers run by the City of Del Rio late last week. The city’s Management Information Services Department disconnected ...

The end is nigh for Windows 7 as Microsoft Corp. announced today that it would stop offering free support for the operating system one year from today. Free is the key word. Microsoft is withdrawing mainstream support — that is, free security updates for Windows 7 users — but also still providing them to those ...

Global banking conglomerate HSBC Holdings PLC isn’t just talking about blockchain solutions but doing things, revealing that it ran $250 billion in transactions through its in-house blockchain platform last year. The figure comes from HSBC’s implementation of a private blockchain to handle more than 3 million foreign exchange transactions in 2018. While only representing a “tiny ...

The Trump administration has proposed new rules for flying drones that would allow the devices to be flown at night and over people without the need for special permission. Driven by growing commercial interests in drones, the draft proposals from the U.S. Federal Aviation Administration would still require drone operators to meet minimum requirements, including ...

As the price of bitcoin continued to drop over the weekend, two economists have argued that the supply of altcoins may be to blame for bitcoin’s 13-month swoon. Bitcoin was trading at $3,521.12 as of 9:15 p.m. EST after staying above $3,600 since a price drop on Jan. 10. The recent drop in the price of bitcoin ...

Problems with the technology behind self-driving cars and occasional issues with Uber Technologies Inc. drivers are well-known, but in a new twist, faulty technology in e-scooters is now throwing users off their rides. The story comes from Switzerland, where the Uber and Alphabet Inc.-backed electric scooter startup LimeBike Inc. has been forced to withdraw its ...

Ryuk, a form of ransomware that first appeared last year and was attributed to North Korea, may actually be the work of a Russian criminal syndicate. That’s according to research published late last week by Crowdstrike, FireEye and McAfee Labs, which all came to the same conclusion in separate reports. An attack that delayed the printing of several major U.S. newspapers ...