Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Binance to delist Ripple’s XRP cryptocurrency after SEC lawsuit

Binance, the world’s largest cryptocurrency exchange by volume, today announced that it will delist Ripple Labs Inc.’s XRP cryptocurrency following a lawsuit filed against Ripple by the U.S. Securities and Exchange Commission alleging that the cryptocurrency is an unregistered security. The announcement comes after Coinbase Inc. announced on Dec. 28 that it was also planning to suspend XRP ...

Credit card details stolen in hack of Usenet site NZBGeek

NZBGeek, a popular Usenet site, has been hacked with user information including credit card details stolen. It may surprise many that Usenet still exists in 2020. Established in 1980 as a precursor to internet forums, it was still somewhat popular through the mid-2000s for threaded discussions. Although general use has massively dropped off — Slashdot ...

Warning: Cybercriminals are targeting COVID-19 vaccines and distribution

The U.S. Department of Treasury Financial Crimes Enforcement Network has issued a warning to financial institutions to be alert to the threat of fraud, ransomware and other types of criminal activity targeting COVID-19 vaccines and their distribution. The warning, issued Monday , states that COVID-19 vaccine fraud may include the sale of unapproved and illegally marketed ...

Genetic testing company 23andMe raises $82.5M from Sequoia and NewView Capital

Genetic testing company 23andMe Inc. has raised around $82.5 million in new funding, according to a filing with the U.S. Securities and Exchange Commission. The Series F round was led by Sequoia Capital and NewView Capital and was undersubscribed, according to a report Monday by Bloomberg, with 23andMe having attempted to raise $85 million. A spokesperson for ...

P2P coverage market provider Cover Protocol hacked but hacker returns stolen funds

Peer-to-peer coverage market provider Cover Protocol has been hacked, but in a twist on a traditional hacking story, the hacker has not only come forward but has also refunded the funds stolen. Cover Protocol offers a service in which users can buy cover on anything related to cryptocurrency. Working on a P2P basis, users buy ...

Coinbase to suspend Ripple XRP trading following SEC lawsuit

Coinbase Inc. today announced that it will suspend trading on Ripple Labs Inc.’s XRP cryptocurrency following a lawsuit filed against Ripple by the U.S. Securities and Exchange Commission alleging that the cryptocurrency is an unregistered security. The suspension of XRP trading is not immediate, though Coinbase has moved to restrict trading leading up to the ban. ...

Hackers target Livecoin and change cryptocurrency exchange prices

Russian cryptocurrency exchange Livecoin has been hacked, with hackers managing to change the rates of cryptocurrencies traded on the service to earn quick profits. The hack took place over the night of Dec. 23-24. The exchange posted on its site Christmas Eve that the service was subject to a “carefully planned attack” that it suggested ...

VOIP hardware and software maker Sangoma struck by ransomware attack

Canadian voice over IP hardware and software maker Sangoma Technologies Corp. has been struck by a ransomware attack. The company, which offers products such as FreePBX and Switchbox and is also the owner of Asterix provider Digium Inc., disclosed the attack in a statement on Dec. 24. It said the ransomware targeted one of the company’s ...

As December rally continues, bitcoin breaks through $28,000

The price of bitcoin hit another new high today as the cryptocurrency continues its record rally in December. Bitcoin, which surged through $20,000 Dec. 16, then $24,000 Dec. 20, hit $28,221.92 at 6:30 a.m. EST before profit-takers entered the market. Bitcoin was trading $26,721.61 as of 7:30 p.m., still above the $26,000 it passed on ...

HelpSystems acquires data security platform provider Vera Security

IT management software solutions company HelpSystems LLC has acquired data security platform startup Vera Security Inc. for an undisclosed price. Founded in 2014, Vera offers a platform that enables organizations to secure, track and revoke access to confidential data across any platform or device. Offering services to customers in financial services, manufacturing, media and entertainment, and other ...