Duncan Riley
Latest from Duncan Riley
The price of bitcoin rallied Monday to break the $4,000 mark at least temporarily, its highest level since briefly touching the same level in early January and before that in early December. The latest price surge had cryptocurrency investors highly enthusiastic, particularly given …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …