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

Bitcoin’s December rally continues as price breaks $24,000

Bitcoin hit a new all-time high in trading Sunday, Dec. 20 as the cryptocurrency’s remarkable December rally continues. The price of bitcoin hit $24,228.83 at 3:44 p.m. EST before dropping to $23,694.88 as of 9 p.m. Bitcoin first broke through the $24,000 mark briefly on Dec. 19 after having first passing the $20,000 mark for ...

Cisco targeted in SolarWinds attack as Microsoft uncovers a second hacking group

Cisco Systems Inc. is the latest company targeted in the SolarWinds hack as Microsoft Corp. has discovered a second hacking group that was also targeting SolarWinds’ software. The attack on Cisco, revealed Friday, involved internal machines used by Cisco researchers with the company saying that its security team moved quickly to address the issue and ...

Austin, Texas hacked by suspected Russian state-sponsored group

The city of Austin, Texas, is reported to have been hacked and a Russian state-sponsored group is suspected to be behind the intrusion. First reported today by The Intercept, which references documents prepared by the Microsoft Threat Intelligence Center that have not been publicly released, the hack has been traced to mid-October. It’s said to have been ...

Robinhood agrees to $65M fine to settle allegations it deceived customers

Free stock-trading app maker Robinhood Market Inc. has agreed to pay a fine of $65 million as part of a settlement with the U.S. Securities and Exchange Commission over allegations that it deceived customers about how it makes money and failing to deliver on a promise of best execution of trades. The investigation into Robinhood ...

Coinbase files draft registration for 2021 initial public offering

Some five months after it was first reported to be exploring the option, cryptocurrency exchange Coinbase Global Inc. today announced that it has confidentially submitted a draft registration Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering. Coinbase did not provide any details as to what form the IPO may take, ...

Latest SolarWinds victims reportedly include nuclear weapons agency and Microsoft

The number of potential victims in the SolarWinds WorldWide LLC hack continues to rise today, as the U.S. Energy Department and National Nuclear Security Administration are believed to have been compromised — along with Microsoft Corp., though the software giant strongly denies it. The hack, first reported Sunday and blamed on Russian state-sponsored hackers, came about after ...

Enterprise data backup provider Clumio launches new ransomware protection service

Enterprise data backup provider Clumio Inc. today launched a new ransomware protection product designed to protect businesses from the ongoing threat of infection. Called Clumio RansomProtect, the product is described as the industry’s first air-gapped ransomware protection with 30-day retention for VMware Inc., Amazon Web Services Inc. and Microsoft Corp. Office 365 data, offering rapid granular ...

New Goontact spyware aims to steal data from iOS and Android users

A newly discovered form of spyware has been found that can steal data from both iOS and Android users. Dubbed “Goontact” by researchers at cybersecurity firm Lookout Inc., the spyware is offered through illicit sites such as those offering escort services then steals personal information from those who visit. Data stolen can include device identifiers ...

Bitcoin breaks through $20,000 to hit new all-time high

The price of bitcoin hit new record highs in trading today, breaking through $20,000 for the first time in its history. The $20,000 mark was surpassed at 8:44 a.m. EST and the price of bitcoin continued to rise. Bitcoin was sitting at $21,786.06 as of 9:14 p.m. EST, up almost 12% over the last 24 ...

A tale of two initial public offerings: Upstart booms, Wish bombs

It was tale of two different initial public offering outcomes on public markets today as financial technology startup Upstart Holdings Inc. boomed on its debut while e-commerce firm Wish’s parent company ContextLogic Inc. bombed. Upstart, which offers a lending platform that leverages artificial intelligence and machine learning to price credit and automate the borrowing process, ...