Iran has launched a crackdown on bitcoin mining within its borders after the country said it had recorded an unusual spike in electricity consumption last month. The Islamic republic claimed on television to have seized about 1,000 bitcoin mining machines in two abandoned factories that between them were consuming 1 megawatt of power. According to Radio ...

The price of bitcoin fell as much as $3,300 Thursday as investors took profits following a near-record run that saw the cryptocurrency revisit highs last seen in late 2017. The price slide started after bitcoin peaked at $13,845.89 a little before 4 p.m. EDT Wednesday, seemingly triggered by outages at two cryptocurrency exchanges. But it didn’t stop ...

Security researchers have uncovered a serious vulnerability in Microsoft Corp.’s Excel that exposes around 120 million users to attack. Detailed today by security firm Mimecast Services Ltd., the vulnerability relates to how Power Query, a feature in Excel that is able to pull data from other sources, can be abused. A would-be hacker is able to ...

Technology solutions provider PCM Inc. has been successfully hacked with credentials and data relating to clients stolen. Detailed by Krebs on Security, the hack is said to have been detected in mid-May with those behind the attack able to gain access to client’s email and file sharing services. While better-known for its direct marketing of ...

Apple Inc.’s Chief Design Officer Jony Ive is leaving the company after nearly 30 years to start a new design firm — with Apple as its first customer. Ive first joined Apple in 1992 and in that time designed some of the company’s most iconic products, including the iPod, the iMac, the iPhone, the iPad ...

The price of bitcoin continued to surge Wednesday, breaking through $13,000 and hitting levels last seen in January 2018. For better or worse, many observers are calling the rise a rerun of 2017. Bitcoin’s precipitous price rise started in March when bitcoin surged through $4,000 after trading in the mid-$3,000 range since December. As recently as a week ...

Cloud email cybersecurity startup GreatHorn Inc. today said it has raised $13 million in new funding to expand its existing services in email security. The Series A-1 round was co-led by RRE Ventures and .406 Ventures and included Techstars Ventures, V1.VC and Uncork Capital. Including the new funding, GreatHorn has raised $21.8 million to date. Founded in 2015, ...

The APT10 group, a hacking group alleged to work on behalf of the Chinese Ministry of State Security’s Tianjin State Security Bureau, is believed to be behind the hacking of some of the world’s biggest computer services firms, according to an exclusive report from Reuters. APT10, which was in the news only yesterday after it was revealed ...

“Florida man” has become such a popular meme that it has a Wikipedia page, but it may have a new contender in the form of “Florida city” after yet another one has decided to pay hackers following a ransomware attack. Following in the footstep of Riviera Beach June 20, Lake City council voted Monday to ...

Israeli software security startup Vulcan Cyber Ltd. said today it has raised $10 million in new funding to expand commercial operations in North America and grow development and support capabilities. The Series A round was led by Ten Eleven Ventures and included YL Ventures, which led a seed round of funding into the company in May 2018. ...