Duncan Riley
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Circle snaps up cryptocurrency exchange Poloniex in $400M deal
In a sign that the cryptocurrency market is starting to consolidate, bitcoin and blockchain startup Circle Internet Financial Ltd. has acquired cryptocurrency exchange Poloniex Inc. The price of the acquisition wasn’t disclosed, but Forbes claimed that the number was $400 million, making it one of the largest acquisitions in the market to date. Founded in 2014, Polinex describes itself as a ...
Report: Apple to release three new iPhones this year, including a giant 6.5″ model
Apple Inc. is set to release three new iPhone models this year, including the largest one ever, according to a report published Monday. Bloomberg reported that “Apple wants to appeal to the growing number of consumers who crave the multitasking attributes of … phablets while also catering to those looking for a more affordable version of the ...
US intelligence officials point finger at Russia over Olympic hacking
U.S. intelligence officials are now pointing the finger at Russia for the successful hacking attacks on the Winter Olympics. The claim comes via a Washington Post report referencing anonymous intelligence officials. They said that not only was the Russian Main Intelligence Directorate or GRU behind the hacks, but they also tried to make the hacks ...
With new Galaxy S9 models, Samsung focuses on the camera to take on Apple
When Samsung Electronics Co. Ltd. launched its latest flash Galaxy S9 mobile phones at the Mobile World Conference in Barcelona today, it had one product dead-center in its sights: Apple Inc.’s iPhone X. As expected, Samsung released two new smartphones, the 5.8-inch S9 and 6.2-inch S9 Plus. Although both phones look visually similar to their ...
Ending February’s bull run, bitcoin drops $2,000
Bitcoin’s bull run has come to an end. Sellers drove the price of the cryptocurrency down over $2,000 in trading Thursday. Bitcoin broke $11,000 Feb. 19 as part of an upswing that started after it bottomed out at $6,363.97 on Feb. 5. It hit a peak of $11,711.03 on Tuesday before the price started to turn downward. Bitcoin dropped below $10,000 ...
AI customer service bot startup Agent IQ raises $6.3M
Artificial intelligence-driven customer service bot startup Agent IQ Inc. has raised $6.3 million to hire more people and scale up its platform. The Series A round was led by Sierra Ventures and included CRCM Ventures and Rubicon Ventures. As part of the deal, Tim Guleri from Sierra Ventures is joining the company’s board. Founded in 2015, Agent IQ ...
With plans for internet everywhere, SpaceX launches first Starlink satellites
Elon Musk’s internet-in-space project took to the stars today, as SpaceX Corp. launched two experimental satellites that will form the base of the company’s Starlink broadband service. The two satellites, named Tintin A and Tintin B, were deployed from a SpaceX Falcon 9 rocket that took off from the Space Launch Complex 4 East at Vandenberg Air ...
Tezos purges president in effort to put $233M blockchain ICO back on track
Troubled blockchain startup Tezos, which raised $233 million in an initial coin offering in July, may be partially back on track after Tezos Foundation President Johann Gevers “voluntarily stepped down” from his position. The drama at Tezos emerged in October when the founders of the Tezos code, Arthur and Kathleen Breitman of Dynamic Ledger Solutions Inc., declared war ...
Research finds that counterfeit security certificates are now being custom-created
One of the fundamentals of internet security, secure certificates, is under attack. Researchers at threat intelligence firm Recorded Future Inc. said today that they’ve found criminal groups selling both code signing certificates and domain name registrations with accompanying SSL certificates. The research notes that previously it was believed that security certificates circulating in the underground had been stolen ...
Bitcoin stock exchange founder arrested on charges including fraud
A founder of a defunct bitcoin stock exchange has been arrested after the U.S. Securities and Exchange Commission filed fraud charges against him Wednesday. Jon E. Montroll, the operator of a bitcoin stock exchange called BitFunder that operated between 2012 and 2013, is alleged to have defrauded exchange users by misappropriating their bitcoins and failing to disclose ...









