Duncan Riley
Latest from Duncan Riley
Venture capital funding surges thanks to megarounds
Venture capital funding in the U.S. in on track to hit a potential new record high in 2019 thanks to a rising number of megarounds. That’s according to data from the latest quarterly PwC/CB Insights MoneyTree Report released early Tuesday, which found increasing inflows of capital into startups. For the first half of the year, ...
Funds stolen in hack of MyDashWallet cryptocurrency service
MyDashWallet, a popular wallet service for users of the Dash cryptocurrency, was compromised and user funds stolen for a period of two months. Dash, currently the 15th most popular cryptocurrency by market capitalization, operates as a decentralized autonomous organization run by a subset of users. A fork from the bitcoin protocol, the cryptocurrency has found a ...
Flight evacuated after suicide vest picture sent to other passengers
A plane belonging to JetBlue Airways Corp. was evacuated on the tarmac at Newark Airport Saturday after someone airdropped an image of a suicide vest to other Apple Inc. device users on the plane. AirDrop, introduced into both iOS and OS X (now macOS) in 2011, is a feature that enables the transfer of files ...
Proposed law would ban Facebook, big tech firms from offering digital currencies
Large technology companies would be banned from functioning as financial institutions or issuing digital currencies under a proposed bill targeting Facebook Inc.’s Libra cryptocurrency. Reuters reports that the bill, the “Keep Big Tech Out of Finance Act” is being circulated for discussion by Democratic members of the House Financial Services Committee. The timing is not ...
China mining crackdown drops bitcoin to lowest price in nearly a month
The price of bitcoin plunged in trading over the weekend on news that China has launched a new crackdown on bitcoin mining operations. Bitcoin dropped below $10,000, to $9,922.61, at 10:20 p.m. EDT before slightly recovering to $10,256.56. as of 11:30 p.m. The drop below $10,000 is significant because it means bitcoin has dropped to its ...
TrickBot rises from the dead in new campaign that targeted 250M email accounts
In a scene straight out of a zombie television series, the TrickBot malware has risen from the dead with a new attack the may have targeted as many as 250 million email accounts, including those belonging to U.S. government employees. Season four of TrickBot, as described Friday by researchers at cybersecurity firm Deep Instinct Ltd., is back in the ...
Report: Huawei to lay off US R&D staff despite partial ban reprieve
Despite a partial reprieve from a ban imposed by Trump administration in the midst of the U.S.-China trade war, Huawei Technologies Co. Ltd. is set to lay off a substantial number of its U.S. employees, according to a report from The Wall Street Journal Sunday. The layoffs, which the Chinese company has not confirmed, are said to affect primarily ...
No friends in Washington for Facebook: Trump joins Libra pile-on
U.S. President Donald Trump has become the latest critic of Facebook’s proposed Libra cryptocurrency, taking to Twitter Thursday night to attack it as well as bitcoin. In a series of tweets, the President said that he was not a fan of bitcoin and other cryptocurrencies, saying they’re “not money” and that their “value is highly ...
Former Tesla engineer admits uploading Autopilot source code but denies wrongdoing
A former Tesla Inc. engineer being sued by the company admitted in a court filing earlier this week that he uploaded source code for Tesla’s Autopilot to the cloud, but he denies any wrongdoing. The case involves Guangzhi Cao, a former engineer who left Tesla in January to work for Chinese electric car startup Guangzhou ...
New Magecart attack targets misconfigured AWS S3 instances with ‘skimmer’ code
Misconfigured Amazon Web Services Inc. S3 cloud storage instances have long been a source of data breaches, but in a dangerous new twist, those same instances are now being exploited by a hacking group to steal credit card data. Discovered by security researchers at RiskIQ Inc. and revealed Wednesday, the new attacks involve a Magecart ...









