Duncan Riley, Author at SiliconANGLE

Blockchain

Bitmain lays off up to 50% of staff as crypto crash continues to bite

By Duncan Riley Dec 25, 2018

Leading Chinese cryptocurrency hardware maker and miner Bitmain Technologies Inc. is cutting up to 50 percent of its staff as the cryptocurrency crash that started in January continues to affect major players in the industry. The…

Security

Hot tub hack machine: Hackable spas are now a thing, thanks to security vulnerabilities

By Duncan Riley Dec 24, 2018

In what sounds like a plot in a bad Adam Sandler film, a security company has discovered a brand of hot tubs that can be easily hacked. Described in excruciating details over the weekend by security…

Apps

Japan blames declining eyesight levels among kids on smartphone use

By Duncan Riley Dec 24, 2018

Smartphone use is causing declining levels of healthy eyesight among children, according to the Japanese Government. The finding comes from the country’s Education, Culture, Sports, Science and Technology Ministry. It found that the eye health…

Blockchain

Report: Wall Street banks back away from cryptocurrencies

By Duncan Riley Dec 24, 2018

Wall Street banks are backing away from introducing cryptocurrency related products after the precipitous decline in their value this year, according to a report from Bloomberg. Multiple leading firms had either announced or were…

Blockchain

Bitcoin investors have a jolly lead up to Christmas as price continues to rise

By Duncan Riley Dec 23, 2018

The price of bitcoin continues to defy skeptics in the lead up to Christmas as some experts predict it may return to its highs last seen in 2017. As of 9:15 p.m. EST Sunday, bitcoin…

Blockchain

Report: Facebook is developing its own cryptocurrency for use with WhatsApp

By Duncan Riley Dec 20, 2018

Facebook Inc. is looking at entering the cryptocurrency market with its own stablecoin, according to a new report. Bloomberg, quoting people familiar with the matter, claimed the Facebook is designing the stablecoin for use…

Blockchain

Bitcoin breaks through $4K as ‘Santa Claus rally’ continues to gather steam

By Duncan Riley Dec 20, 2018

The price of bitcoin today broke through $4,000 as the so-called “Santa Claus rally” that started on Dec. 17 continues to gather steam. After a horrific year that saw its price drop from a high of…

Blockchain

Report: Ethereum blockchain firm ConsenSys to lay off 50-60% of employees

By Duncan Riley Dec 20, 2018

Two weeks after it was reported to be laying off around 13 percent of its workforce, Ethereum blockchain startup and venture capital firm ConsenSys is cutting even more workers in an apparent sign that it may…

Emerging Tech

Major UK airport shut down after rogue drones spotted

By Duncan Riley Dec 20, 2018

One of the U.K.’s largest airports remains closed after rogue drones were seen near its main runway on Wednesday and Thursday. After the first drone sighting, Gatwick Airport, one of a number of airports…

Security

Justice Department indicts two Chinese nationals over global hacking campaign

By Duncan Riley Dec 20, 2018

The U.S. Department of Justice today indicted two Chinese nationals over their role in a hacking group that allegedly broke into and stole data from 45 U.S. tech companies and government agencies. The two…

Duncan Riley

Bitmain lays off up to 50% of staff as crypto crash continues to bite

Hot tub hack machine: Hackable spas are now a thing, thanks to security vulnerabilities

Japan blames declining eyesight levels among kids on smartphone use

Report: Wall Street banks back away from cryptocurrencies

Bitcoin investors have a jolly lead up to Christmas as price continues to rise

Report: Facebook is developing its own cryptocurrency for use with WhatsApp

Bitcoin breaks through $4K as ‘Santa Claus rally’ continues to gather steam

Report: Ethereum blockchain firm ConsenSys to lay off 50-60% of employees

Major UK airport shut down after rogue drones spotted

Justice Department indicts two Chinese nationals over global hacking campaign

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