Coinbase Inc. is in advanced talks to acquire old-school bitcoin custody provider Xapo Inc., according to an unconfirmed published Thursday. The Block, quoting unnamed sources, claimed that Coinbase has been locked in a “neck-and-neck race” with Fidelity Digital Assets to acquire Zapo over the past few weeks. Founded in 2012, Xapo was one of the first ...

Israeli-based freelancer marketplace Fiverr Inc. is the latest tech firm to announce it’s going public after filing its paperwork today with the U.S. Securities and Exchange Commission. Founded in 2010, Fiverr offers a freelance market place that originally had all services priced at $5 but has since changed that business model. Described as a member ...

Five people have been arrested and warrants issued for five more people alleged to be behind the GozNym cybercrime group. The arrests and charges came a through a joint operation between the European Union Agency for Law Enforcement Cooperation and the U.S. Federal Bureau of Investigation with the investigation including raids in Bulgaria, Georgia, Moldova and Ukraine. ...

U.S. President Donald Trump issued an executive order Wednesday that bans American telecommunications firms from using foreign-made equipment that could present national security issues. The executive order formally declares a “national emergency with respect to the threats against information and communications technology and services in the United States and delegates authority to the Secretary of ...

Binance, the world’s largest cryptocurrency exchange by volume, is back after it was forced to halt withdrawals and deposits following a hack on May 7. The hack involved the theft of 7,000 bitcoins from a “hot” wallet connected to the internet that at the time was valued at $40.4 million. Binance, to its credit, was transparent ...

Many cybersecurity firms talk a good game, but a new study has found that two prominent “ransomware recovery” firms typically pay the money to recover their clients’ data. ProPublica traced payments from bitcoin wallets owned by recovery firms to ransomware operators. One of those firms is alleged to be Proven Data Inc., a U.S. firm that claims, on ...

Microsoft Corp. Tuesday released a security update for unsupported operating systems to fix a serious, previously unknown vulnerability. The vulnerability is a remote code vulnerability in Remote Desktop Services that’s found in versions of Microsoft Windows dating back to Windows XP and is also found in Windows Server 2003. Microsoft dropped support for Window XP in 2014 and Server 2003 in 2015, but the exploit ...

Japanese global clothing outlet Uniqlo, owned by Fast Retailing Co. Ltd., has been hacked, with the details of 460,000 online customers stolen. The hack, which also saw data stolen from GU, another brand owned by Fast Retailing, involved the theft of customer data that included full name, physical and email address, phone number, gender, birth ...

CrowdStrike Inc., a San Francisco Bay area-based cybersecurity startup, has filed for an initial public offering, another money-losing tech unicorn hoping it can raise more money in the market. Founded in 2011, CrowdStrike offers endpoint protection, a form of cybersecurity that protects devices such as desktop personal computers, laptops and mobile devices. It does so through ...

Ifinex Inc., the parent company of cryptocurrency exchange Bitfinex and troubled stablecoin Tether, has raised $1 billion as part of a so-called “initial exchange offering.” The news came via Bitfinex Chief Technology Officer Paolo Ardonio, who said on Twitter Monday that iFinex had raised the $1 billion in 10 days with an unspecified number of investors ...