The European Commission, the executive branch of the European Union, is reportedly investigating Facebook Inc.’s Libra cryptocurrency project for anticompetitive behavior even before it has been launched. The claim came via Bloomberg, which cited an EC document that states that the investigation is the result of concerns that Libra may create “possible competition restrictions” on the information ...

An website for sharing adult content has exposed the details of nearly 1.2 million users on an unsecured Elasticsearch database. Discovered recently by security researchers at vpnMentor, the site goes by the name of Lucious and shares user-uploaded content, including hentai, or Japanese anime or manga pornography. A mix of a forum and image hosting site along ...

Japanese e-commerce giant Rakuten Inc. Monday launched a cryptocurrency exchange after plans were first reported in February. The exchange, launched under the company’s Rakuten Wallet Inc. division, launches with spot trading via mobile app for three cryptocurrencies: bitcoin, Ethereum and Bitcoin Cash. The service launches with an Android app only, but the company said it plans ...

Binance, the world’s largest cryptocurrency exchange by volume, is taking on Facebook Inc. with a stablecoin project to rival the social network’s announced Libra. Called “Venus,” the project has been designed to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. Based on an open blockchain, Binance is seeking governments, corporations, technology companies and ...

The first jailbreak for iPhones available for years has been released after Apple Inc. unpatched a vulnerability it had previously fixed that allows the practice to occur. Jailbreaking is the process of hacking an iOS device to allow users to remove software restrictions put in place by Apple. A jailbroken phone delivers the ability to install third-party ...

The recent price drop in bitcoin may have been related to a selloff following an alleged massive cryptocurrency scam that apparently swindled up to $2.9 billion from investors, according to some reports. The scam in question, called “Plus Token,” is said to be a Ponzi scheme that primarily operated in China. Described on its website as a “new global revolution,” ...

About 23 local governments in Texas have been crippled in an unprecedented coordinated ransomware attack. The attack started on Friday. Texas State officials didn’t name which local governments were affected, only describing them as “smaller local governments.” According to Google, Texas has 4,835 locals governments, meaning that although 23 may sound like a lot, they ...

Smartphone sales have stagnated over the past few years and even started to decline as newly released phones struggle to provide any great leap forward in functionality and design. Then along came foldable phones in the first half of this year — but as it turns out, making them is hard and Huawei Electronics Co. Ltd. ...

Some 700,000 customer records belonging to Choice Hotels International Inc. have been stolen and those behind the data theft are demanding a ransom payment of 0.4 bitcoin ($4,142) to delete their copy. In a twist of a traditional failure to secure an online database story, those behind the data theft, revealed today, did not hack ...

Ripple Labs Inc.’s investment subsidiary Xpring today announced a grant of 1 billion Ripple XRP cryptocurrency worth about $264 million into Coil Technologies Inc., a provider of micropayments for content providers. The funding will be used by Coil to promote its adoption of XRP and the Interledger Protocol. Founded in 2018, Coil is attempting to change ...