Duncan Riley
Latest from Duncan Riley
Court rules in favor of the SEC in ongoing Telegram token sale case
Telegram Group Inc.’s token sale has suffered a new blow today as a U.S. District Court judge ruled in favor of a temporary restraining order issued by the U.S. Securities and Exchange Commission. The SEC obtained the temporary restraining order against Telegram in October claiming that its 2018 TON blockchain token sale was offered as ...
As coronavirus spreads, cybersecurity staff contend with increasing attacks, remote workers
As the COVID-19 pandemic continues to spread, cybersecurity professionals have never been busier. Despite some reports of cybercriminals encouraging others to not take advantage of the pandemic, others have instead increased the frequency of their attacks. Hospitals treating coronavirus patients and even a medical company preparing to do a trial for a vaccine have been targeted this ...
Data belonging to 538M Weibo users found for sale on the dark web
Data belonging to 538 million users of Chinese microblogging site Weibo has been found for sale of the dark web for a surprisingly low price. Discovered by Chinese blockchain news outlet Jinse March 19, the data was found listed for sale for 0.177 bitcoin ($1,182). ZDNet reported a second listing of the same data for RMB1,799 ($254). ...
Coronavirus pandemic prompts Twitter to withdraw earnings guidance
Twitter Inc. has become the latest company to withdraw its earnings guidance in light of the unprecedented global COVID-19 pandemic. The company said today that it was withdrawing its revenue and operating income guidance for the first quarter as well as its outlook for expenses, stock-based compensation, headcount and capital expenditures for the full year. While noting that ...
Windows vulnerabilities targeted by hackers and no patch is available
Microsoft Corp. today revealed that hackers are exploiting two previously unknown vulnerabilities that are found in all supported versions of Windows and that a patch is not yet unavailable. The remote code execution vulnerabilities are found in the Adobe Type Manager Library (atmfd.dll) that is used by Windows to render PostScript Type 1 fonts inside of Windows. ...
Hackers leak data from medical company set to carry out COVID-19 vaccine trials
Data from a medical research company that is set to carry out trials of a possible vaccine for COVID-19 has been published online after the company refused to pay up following a ransomware attack. Hammersmith Medicines Research Ltd. was targeted by the Maze ransomware group March 14 that locked down its systems. The company, which carried ...
Tezos Foundation settles lawsuit with investors for $25M
The Tezos Foundation, the group behind the troubled $233 million initial coin offering of Tezos tokens in 2017, has agreed to settle a lawsuit filed by investors for $25 million. The lawsuit alleged that the Tezos ICO breached U.S. securities laws by offering an unregistered security. Although lawsuits making the allegation are usually filed by the U.S. ...
Apple updates Siri to provide coronavirus advice to users
Apple Inc. has updated its Siri voice assistant to provide coronavirus advice to users including a test to see whether they have caught COVID-19. The virtual assistant now responds to questions such as “do I have coronavirus” with a series of questions to ascertain whether the Apple user has the virus or not. Questions include ...
Bitcoin bucks trend and surges amid coronavirus-driven market chaos
The price of bitcoin bucked market trends and surged Thursday as investors flooded back into cryptocurrency markets. Recovering all of its losses in the last week, bitcoin surged to a high of $6,342.03 at 2 p.m. EDT before softening slightly to $6,197.58 at 10:30 p.m., up almost 16% over the last 24 hours. Bitcoin had ...
Honor among thieves? Cybercriminals urge others not to take advantage of pandemic
While news of hackers targeting hospitals with ransomware and others with COVID-19 phishing scams continues to make headlines, a new study has found that there is some honor among thieves in the darkest recesses of the internet. Alex Guirakhoo, strategy and research analyst at Digital Shadows Ltd. has published a report on the reaction of ...