Duncan Riley
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Amazon Web Services Inc.’s Wavelength edge computing service today launched in South Korea on SK Telecom Co. Ltd.’s 5G network, its first deployment in Asia. Wavelength, first rolled out in August, is designed to give latency-sensitive applications a speed boost by placing them …
Cybersecurity firm White Ops acquired by Goldman Sachs
Cybersecurity startup White Ops Inc. has been acquired by Goldman Sachs Group Inc.’s Merchant Banking Division in partnership with venture capital firms ClearSky Security Fund and NightDragon. The price of the acquisition, announced today, was not disclosed. Prior to the deal, White …
Customer funds stolen in hack of UK cryptocurrency exchange EXMO
U.K.-registered cryptocurrency exchange EXMO Exchange Ltd. has been hacked and the equivalent of about $10 million in customer cryptocurrency was stolen. The hack on the exchange, which is popular in Russia, Ukraine and Kazakhstan was detected Monday and primarily involved the theft …
Law enforcement operation brings down VPN and hosting services used by cybercriminals
A joint law enforcement operation involving the U.S. Federal Bureau of Investigation, the European Union Agency for Law Enforcement Cooperation and various national police forces has taken down three virtual private network services and associated web hosting operations used by cybercriminals. The …
Lidar startup Ouster to go public in $1.9B SPAC merger
Ouster Inc., a startup building lidar sensors out of laser-emitting chips, today announced it’s going public through a special-purpose acquisition company called Colonnade Acquisition Corp. in a deal that values the company at $1.9 billion. SPACs are entities that are created for …
SEC files lawsuit alleging Ripple’s XRP cryptocurrency is an unregistered security
The U.S. Securities and Exchange Commission today filed a lawsuit against Ripple Labs Inc. and two of its executives claiming that the company, which offers the XRP cryptocurrency, illegally sold unregistered securities. The complaint alleges that Ripple, along with Christian Larson, the …
National Security Agency warns hackers are forging cloud authentication information
The U.S. National Security Agency has issued a warning that hackers are forging cloud authentication information to gain access to secure systems. In a Dec. 17 cybersecurity advisory titled “Detecting Abuse of Authentication Mechanisms,” the NSA gave guidance to the National Security …
Digital contract management startup Ironclad reportedly has raised $100M
Digital contract management software startup Ironclad Inc. is reported to have raised at least $100 million in new funding in a round led by venture capital firm Bond. The company has not confirmed the round. The valuation on the round differs depending …
Data stolen from cryptocurrency wallet provider Ledger published on hacking site
Data stolen from a hack of cryptocurrency wallet provider Ledger SAS, which the company initially denied but eventually confessed to in July, has been published online. The stolen data was offered for free on Raid Forums, a website that has become well-known this year …
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 …