Cryptocurrency and blockchain platform provider Circle Internet Financial Inc. is seeking to go where no crypto startup has gone before: attempting to become a legally registered bank. In a bizarre turn of events, Bloomberg reported Wednesday that Circle is seeking a federal banking license to provide more services to customers. It also intends to pursue registration ...

Coinbase Inc., the largest U.S. cryptocurrency exchange, has acquired three different companies in a push to offer customers additional financial services. Leading the acquisition list was Keystone Capital Inc., a California-based Financial Industry Regulatory Authority Inc. registered broker. According to The Wall Street Journal, it can also operate as a registered investment adviser as well ...

VPNFilter, a destructive form of malware that targets routers first discovered in May is far worse than initially thought, shaping up to be potentially this year’s largest coordinated attack, according to a new report. The persistent malware, persistent in that it’s difficult to remove and remains active even after routers are rebooted, deploys multiple stages, ...

Cryptocurrency exchange Huobi Technology Co. Ltd. today announced the launch of the Huobi Chain Project and the Huobi Chain Superhero Championship Program, the latter to assist the former in development. The Huobi Chain Project is being designed as a new network that’s intended to provide individuals and organizations with a trustworthy and autonomous platform for value ...

Researchers at cybersecurity firm Synk Ltd. have uncovered a new vulnerability that affects thousands of projects, including ones designed across multiple programming languages used by some of the largest companies in the business. Dubbed “Zip Slip,” the issue is an arbitrary file overwrite vulnerability — that is, the ability to overwrite an existing file. It’s triggered by ...

Genealogy and DNA testing company MyHeritage Ltd. revealed Monday that it had experienced a data breach involving the theft of usernames and hashed passwords of more than 90 million customers. The breach relates to 92 million users who had signed up to MyHeritage up to and including Oct. 26, 2017. The company found out about the ...

The State of New York is set to form a cryptocurrency task force to consider the “potential effects of the widespread implementation of digital currencies on financial markets in the state.” Currently, the establishment of the crypto task force consists of a proposed bill that is being supported by the New York State Legislature’s banking committee. ...

Israeli cybersecurity startup Cyberbit Ltd. today said it has raised $30 million in new funding from Claridge Israel to accelerate growth and accommodate the rising demand for its security products. Founded in 2015 and previously a fully owned subsidiary of Elbit Systems Ltd., Cyberbit offers a detection and response platform that has been designed to protect ...

Facebook Inc. is in trouble again. A new report reveals that it had been sharing private data with device makers in a similar fashion to its scandalous Cambridge Analytica deal. The New York Times broke the story late Sunday, reporting that the social networking giant had reached data-sharing partnerships with at least 60 device makers — including ...

Apple Inc. is set to kick off its annual Worldwide Developers Conference Monday morning and although the company is renowned for surprise announcements, most of what is set to be revealed is already reasonably known. WWDC 2018 starts at 10 a.m. PDT. You can watch the keynote online here. Here’s what to expect: iOS 12 ...