Duncan Riley
Latest from Duncan Riley
Troubled augmented and virtual reality startup Leap Motion Inc. turned down two acquisition offers from Apple Inc. on the basis that one of the company’s founders wasn’t a fan of the company Steve Jobs built, according to one report. Business Insider claimed that …
Cryptocurrency industry celebrates the 10th anniversary of the Bitcoin Whitepaper
The cryptocurrency community today will be celebrating the 10th anniversary of the release of a Bitcoin Whitepaper, the document authored by Satoshi Nakamoto that led not only to the establishment of bitcoin but the broader implementation of blockchain-based cryptocurrencies. While not always …
Visiting 9,000+ porn sites, employee infects U.S. Geological Survey with malware
A government employee has been blamed for infecting the computer network of the U.S. Geological Survey with malware thanks to his predilection for surfing porn on his work laptop. The activities of the unnamed and, not surprisingly, now former employee were detailed …
Waymo granted license to test fully driverless cars in California
Waymo LLC has obtained a license from the California Department of Motor Vehicles to test its fully driverless cars in the state, the first company to be granted a license to do so. The DMV permit allows the company, previously known as Google LLC’s self-driving …
Coinbase raises $300M on an $8B valuation to fund its global expansion
Coinbase Inc., the first cryptocurrency exchange to become a “unicorn,” is now multiple times bigger on paper, raising $300 million in new funding on an $8 billion valuation. The Series E round announced today was led by Tiger Global Management and included Y …
NXMH buys old-school cryptocurrency exchange Bitstamp
One of the oldest operating cryptocurrency exchanges, Bitstamp Ltd., has been acquired by Belgian investment firm NXMH. The price of the deal was not disclosed, but CCN reported Monday that Bitstamp was seeking as much as $400 million and was in the final stages …
Fortnite scams break records as the game continues to surge in popularity
The battle royale game Fortnite has continued to smash records in popularity, complete with a $1.25 billion investment for its parent company last week. Unfortunately, it’s also breaking records when it comes to scams and malware. A new report Monday from cybersecurity firm ZeroFOX reports …
Israeli blockchain ‘zero-knowledge proof’ authentication startup StarkWare raises $30M
Israeli blockchain startup StarkWare Technologies Inc. today said it has raised $30 million in new funding to assist it in developing an authentication method known as zero-knowledge proof. Zero-knowledge proof is the ability to prove that something exists or has taken place without exposing its …
Canadian cryptocurrency exchange closes in possible exit scam
A small Canadian cryptocurrency exchange has ceased trading after claiming to be hacked in what some are alleging was instead an “exit scam.” The exchange, called MapleChange, launched in May with 110 trading pairs and 62 cryptocurrencies, including bitcoin, Ethereum and Litecoin. …
Qualcomm tells court that Apple is trying to destroy its business
Qualcomm Technologies Inc. has upped the war on words in its dispute with Apple Inc., accusing the iPhone maker of trying to destroy its business. The allegation was raised at a court hearing on Friday in relation to a lawsuit filed by Apple …