Duncan Riley
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While most cryptocurrencies have seen ongoing price slides since the market peaked in January 2018, a relative newcomer is bucking trends with solid growth over the last few months as it seeks to take on Ethereum. Called TRON, the cryptocurrency and blockchain …
Redaman banking malware returns with new attack targeting Russian speakers
A new campaign using the Redaman malware has been detected in what could be the return of banking malware that first swept much of the world in 2015-2016. Redaman is a form of banking malware that uses an application-defined “hook” procedure to …
Study finds GDPR-compliant companies have fewer data breaches
Despite seemingly constant reports of data breaches, a new study has found the introduction of the European Union’s General Data Protection Regulation has resulted in a reduction in data being both exposed and stolen from companies that are GDPR-compliant. The claim comes …
Rising number of multivector hacking attacks target Hadoop databases
A new report is warning of an increase in the number of multivector attacks against cloud infrastructure over the past few months particularly targeting Hadoop databases. Detailed by researchers at security firm Securonix Inc., the attacks often combine cryptomining, ransomware and botnet …
Bike-sharing startup Wheels raises $37M in new funding
As the bike-sharing market has become part of a broader proxy war for ride-hailing startups, some believe there is still room for new players in the market. Case in point: Wheels Labs Inc. just raised $37 million. The Series A round included Tenaya Capital, …
Robinhood obtains BitLicense to bring cryptocurrency services to New York
Zero-fee online stockbroker Robinhood Financial LLC is bringing its cryptocurrency business to New York after being awarded a New York BitLicense. Robinhood entered the cryptocurrency market in February 2018 with a product that offers zero-fee trading in bitcoin and Ethereum. But states …
Cboe withdraws bitcoin ETF application ahead of a likely SEC rejection
Cboe Global Markets has withdrawn its longstanding application for a rule change that would have allowed it to list a bitcoin exchange-traded fund. An ETF is a tradable security that tracks an index, a commodity, bonds or a basket of assets such …
24M financial records found online in latest Elasticsearch database exposure
Some 24 million financial and banking documents have been exposed online by a financial company in yet another case of a misconfigured database. The leak involves Ascension, a data and analytics company for the financial industry based in Fort Worth, Texas, according to …
Cryptocurrency custodian startup Anchorage launches with $17M in funding
Anchorage Hold LLC, a new “crypto native” custodian, today emerged from stealth mode with $17 million in funding to expand operations and develop its platform. The Series A round was led by Andreessen Horowitz’s a16z and included Khosla Ventures and a number of …
Chinese phone maker Xiaomi teases new double-folding phone in video
Speculation that various phone makers such as Apple Inc. and Samsung Electronics Co. Ltd. will introduce so-called “folding phones” has been rampant for years, but one Chinese company may be set to beat both to market with a superior product. Xiaomi Corp., often …