Duncan Riley
Latest from Duncan Riley
QuadrigaCX crypto farce continues, but there may be good news for investors
There’s both good and bad news for cryptocurrency investors who lost around $190 million from Canadian exchange QuadrigaCX. Earlier in the month, it was reported that $190 million in customer funds consisting of both cryptocurrency and regular money had disappeared from QuadrigaCX following the alleged death of its founder Gerald Cotten of Crohn’s disease while in India. The company claimed that ...
Japanese e-commerce giant Rakuten to boost support for cryptocurrency
Japanese e-commerce giant Rakuten Inc. is set to expand support for cryptocurrencies, possibly including cryptocurrency exchange services, via an upgrade to an existing mobile app coming March 18. The news cames in the company’s financial results published Feb. 12. The Rakuten Pay app will provide support for bitcoin and possibly other cryptocurrencies. The exact details ...
Another database with hacked account details found for sale on the dark web
Another day, another database of hacked account details. This one, containing 93 million hacked records, was discovered for sale today on the dark web, the shady part of the internet reachable through special software. The latest release from a hacker called Gnosticplayers, its third, contains user account details hacked from gif hosting service GfyCat along with ...
Google forcing potentially compromised Nest users to reset passwords
Google LLC-owned Nest is forcing users to reset their passwords if it believes they may have been compromised. First reported Friday by The Verge, the move appears to be a followup to Nest’s previously asking customers nicely to reset their passwords if a suspected breach has occurred. The idea now is that Nest suspects that many ...
Reality Shares pulls bitcoin-related ETF application on SEC advice
Another day, another bitcoin-related exchange-traded fund request pulled: Reality Shares ETF Trusts withdrew its ETF application Wednesday at the request of the U.S. Securities and Exchange Commission. The Reality Shares Blockforce Global Currency Strategy ETF differed from previous bitcoin-related ETF applications in that it didn’t trade directly in bitcoin. Instead, it had allocations in CME Group ...
6M accounts compromised in hack of dating app Coffee Meets Bagel
Coffee Meets Bagel Inc., a San Francisco Bay Area dating app startup, has been hacked with the account details of approximately 6 million users stolen. Notification of the data breach was sent to app users today, Valentine’s Day, with the company saying that that data from accounts may have been “acquired by an unauthorized party.” ...
OpenAI holds back research on new system since it can write fake news
OpenAI, the Silicon Valley research firm funded by various tech leaders to better humanity, has taken the step of not releasing research relating to a revolutionary artificial intelligence system. The problem: It’s apparently so good that it can write coherent fake news. The system, GPT-2, is a general-purpose language algorithm that uses machine learning to translate text, answer ...
With JPM Coin, JPMorgan Chase jumps into digital currency
JPMorgan Chase & Co. has become the first leading U.S. bank to move into digital currency with today’s launch of JPM Coin, a so-called “stablecoin” tied to the U.S. dollar. Designed to facilitate payments between clients, JPM Coin is powered by JPMorgon’s Quorum blockchain, itself a variant of the Ethereum blockchain. Each coin is guaranteed ...
Hosting partner of major credit reporting agencies hacked and data stolen
Image-I-Nation Technologies Inc., a technology and hosting partner of major credit reporting agencies, has been hacked and consumer credit data stolen. The company provides services to the likes of Equifax Inc. Experian Inc. and TransUnion Inc., the so-called “big three” U.S. credit agencies. The hack was disclosed via recent regulatory filings in various states. The company ...
FTC warns about online romance scams ahead of Valentine’s Day
The U.S. Federal Trade Commission has issued a new warning ahead of Valentine’s Day about the risk of so-called “romance scams.” Romance scams typically involve dating sites, personal messaging systems and the promise of romance and companionship from online strangers that ultimately leads to the victim being asked for money. According to a blog post Tuesday ...









