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

Site that sells stolen credit card data hacked by cyber vigilantes

BriansClub, an underground site that offers more than 26 million stolen credit cards for sale, has been hacked in an apparent case of cyber vigilantism. Detailed today by security researcher Brian Krebs, the attack enabled those behind it to share the stolen card details with multiple sources who work with financial institutions to identify and monitor or reissue ...

Breezes for bitcoin: Peter Thiel-backed Layer1 raises $50M to build a cryptomining operation in Texas

Layer1 Capital LLC, a San Francisco-based cryptocurrency investment and infrastructure startup, today said it has raised $50 million to build a wind-powered bitcoin mining operation in Texas. The Series A round included Peter Thiel, Shasta Ventures and unnamed others taking the total amount raised by the company to $52.1 million to date. Founded in 2018, Layer1 ...

Smart lock maker Level Home launches with $71M funding and a Walmart deal

Home automation startup Level Home Inc. today launched out of stealth mode with $71 million in funding as well as a new smart door lock that integrates with Wal-Mart Stores Inc.’s InHome delivery service. The funding came from Hut 8, Lennar Corp. and Walmart. Founded in 2016, Level Home’s “Level Lock” smart door lock is pitched as ...

ManageEngine offers new privileged access security solution for IT security teams

ManageEngine, the systems management arm of Zoho Corp., today launched a new privileged-access security solution for information technology security teams. Called PAM360, the product offers enterprise-grade capabilities in privileged access governance including just-in-time controls and privileged user behavior analytics. Designed to provide chief information security officers and cybersecurity executives holistic visibility of their privileged access security, ...

Mailing services firm Pitney Bowes attacked by ransomware

Mailing services firm Pitney Bowes Inc. is the latest company to be attacked by ransomware, with services to customers disrupted and hurting its stock price for a few hours. The ransomware attack, described by the company in a statement Monday as “a malware attack that encrypted information on some systems and disrupted customer access to our ...

Linux Sudo bug opens root access to unauthorized users

Sudo, the main command in Linux that allows users to run tasks, has been found to have a vulnerability that allows unauthorized users to execute commands as a root user. The vulnerability, known as CVE-2019-14287, does require a nonstandard configuration but nonetheless does open the door to unauthorized users. The vulnerability allows users to bypass the ...

Online travel firm Booking Holdings the latest to leave Facebook’s Libra

Booking Holdings Inc., the company behind leading travel sites such as Kayak, Priceline and Agoda, is the latest company to pull out of Facebook Inc.’s Libra Association. The decision by Booking to exit Libra follows in the footsteps of PayPal Holdings Inc. Oct. 6 and Mastercard Inc., Visa Inc., eBay Inc., Stripe Inc. and Mercado Pago Oct. 10. The ...

SEC obtains temporary restraining order against Telegram’s token sale

The U.S. Securities and Exchange Commission has obtained a temporary restraining order against Telegram Group Inc. over its 2018 TON blockchain token sale, claiming that the offering was an unregistered security. Telegram, best known for its messaging app, launched its token sale in January 2018 before closing the offering in May 2018, having raised $1.7 billion ...

Big blow to Facebook’s Libra: Mastercard, Visa, Stripe, eBay and Mercado Pago all pull out

The floodgates opened today on Facebook Inc.’s Libra Association as no fewer than five more companies exited the group overseeing the social network’s proposed cryptocurrency: Mastercard Inc., Visa Inc., eBay Inc., Stripe Inc. and Mercado Pago. Reports that some companies were looking to withdraw their support from Libra surfaced Oct. 1, with PayPal Holdings Inc. becoming the first to ...

SEC rejects rule change that would have allowed for bitcoin ETFs

The U.S. Securities and Exchange Commission has rejected a rule change proposed by NYSE Acra that would have allowed the debut of bitcoin exchange-traded funds on both NYSE Acra itself as well as the Cboe BZX Exchange. Consideration of the rule change goes back to January. The SEC delayed making a decision multiple times, most recently in ...