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 may have entered a bear market, teasing its lowest level in six months

Bitcoin may have entered a bear market as the price of the cryptocurrency’s price continued to drop Wednesday to some of its lowest levels in six months. The price of bitcoin dropped as low as $7.942.22 at 3:15 p.m. EDT, only slightly higher than the recent low Oct. 7 of $7,853.69, before recovering slightly to ...

Yahoo Groups to close in latest post-Verizon acquisition purge

Yahoo Groups, Yahoo’s long-running online discussion board is closing down, the latest service to do so since Yahoo was acquired by Verizon Communication Inc. in 2017. The service, a combination of electronic mailing list and threaded internet forum, can be traced back to Yahoo Clubs in 1998. Its current format was the result of Yahoo acquiring ...

337 people arrested in 11 countries for massive ‘dark web’ child exploitation site

Some 337 people across 11 eleven countries and 22 U.S. states have been arrested as part of a takedown of a dark web site that dealt in child exploitation material. The takedown, led by various U.S. law enforcement agencies and the Internal Revenue Service in conjunction with authorities in the U.K., South Korea and other ...

New cryptojacking worm spreads via Docker software containers

Security researchers at Palo Alto Network Inc.’s Unit 42 have identified the first-ever cryptojacking worm that spreads using Docker software containers. Dubbed “Graboid,” the worm spread to more than 2,000 unsecured Docker hosts and like other cryptocurrency worms before it, it utilizes the infected hosts to mine for the Monero cryptocurrency. Monero is a favorite ...

Ripple’s Xpring invests in cryptocurrency self-custody startup Towo Labs

Ripple Labs Inc.’s investment subsidiary Xpring today said it has made a strategic investment in Towo Labs AB, a Swedish startup developing technology for cryptocurrency self-custody. The investment will be used to support Towo Labs’ project roadmap for the next two years including the development of hardware wallet firmware with support for all XRP Ledger transaction types, the ...

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 ...