Duncan Riley
Latest from Duncan Riley
Internet of things security startup ReFirm Labs Inc. said today it has raised $2 million in an early-stage funding to accelerate new product development and hire more staff. The Pre-A round was led by DataTribe and New Dominion Angels and included TEDCO and Tysons …
Ripple Xpring launches new developer platform to make moving money easier
Ripple Labs Inc.’s investment subsidiary Xpring is moving into new territory today with the launch of the Xpring Platform, a new service designed to make moving money across the blockchain easier. The Xpring Developer platform allows any developer to integrate payments into …
Bitcoin escrow company owner indicted for alleged $7M fraud
The head of a bitcoin escrow service has been indicted for fraud over allegations that he stole $7 million from two customers for bitcoin purchases that never happened. Jon Barry Thomas, the owner of two firms, Volantis Escrow Platform LLC and Volantis Market Making LCC, …
Vulnerability in Cisco Webex and Zoom could allow attackers to spy on meetings
A security vulnerability found in Cisco Systems Inc.’s Webex and Zoom Video Communications Inc. videoconferencing platforms can allow an attacker to enumerate or list and view active meetings that are not protected by passwords. Discovered by security researchers at Cequence Security Inc., …
Visa, Mastercard may be reconsidering support for Facebook’s Libra cryptocurrency
Major partners in Facebook Inc.’s Libra cryptocurrency group including Visa Inc. and Mastercard Inc. are considering withdrawing their support, according to an unconfirmed report published today. The Wall Street Journal reported that the two main credit card providers along with “other financial partners” …
Former Yahoo engineer pleads guilty to hacking 6,000+ user accounts
A former Yahoo Inc. employee has pleaded guilty to hacking into more than 6,000 Yahoo personal accounts as well as gaining access to Google LLC, Facebook Inc. and iCloud accounts in search of sexual images and video. Reyes Daniel Ruiz, 34, from …
Passwordless security startup HYPR raises $18.3M to fuel growth
Passwordless security startup HYPR Corp. today said it has raised $18.3 million in new funding to help fuel growth, accelerate product delivery and expand its customer operations. The Series B round was led by Comcast Ventures and included .406 Ventures, RRE Ventures, Allen & Co, …
218M user records stolen from Zynga’s ‘Words with Friends’ game
The details of 218 million users of “Words with Friends,” a popular social game made by Zynga Inc., have allegedly been stolen by a Pakistani hacker. Gnosticplayers, the same hacker behind the theft of 139 million user records from Canva Pty. Ltd. in …
Risk-based vulnerability cybersecurity startup Kenna Security raises $48M
Risk-based vulnerability cybersecurity startup Kenna Security Inc. today said it has raised $48 million in new funding to accelerate its international expansion and drive product development. The Series D round included Sorenson Capital and Citi Ventures as new investors, with previous investors Bessemer Venture Partners, U.S. …
Block.one coughs up $24M to settle SEC case over unregistered initial coin offerings
Block.one, the blockchain firm that raised a record-breaking $4 billion in an initial coin offering last year, today agreed to pay a $24 million fine in a settlement with the U.S. Securities and Exchange Commission over having run two ICOs without registration. According …