Encrypted-messaging startup Telegram Messenger LLC has raised a breathtaking $850 million in a pre-initial coin offering this weekend, but not everyone is impressed with the news. The ICO, first reported in January, is intended to allow Telegram to develop a messaging and commerce platform on a new blockchain called TON. The GRAM tokens sold in the ...

Bitcoin miners using one of the most popular brands of mining hardware could potentially find that hardware banned after the U.S. Federal Communications Commission shut down a New York City mining operation because it interfered with mobile data networks. The shutdown, detailed in a letter Thursday, related to complaints from T-Mobile that radio transmissions from a Brooklyn address were ...

Intel Corp. is now facing 35 lawsuits either directly or indirectly related to the “Meltdown” and “Spectre” critical vulnerabilities in its central processing unit chips. Disclosed in a Securities and Exchange Commission filing by Intel on Friday, the largest number of lawsuits, 30 so far, are customer class action lawsuits that generally represent users who claim to ...

Switzerland has bucked global trends on initial coin offerings by issuing guidelines to support the ICO market and boost new blockchain technologies instead of  simply banning them. The new guidelines, issued by the country’s Financial Market Supervisory Authority, seek to clarify when entrepreneurs will have to apply existing Swiss laws in relation to anti-money laundering and ...

Bitcoin’s slow bull run continued Thursday as the cryptocurrency broke though $10,000 in trading Thursday, its highest point since Jan. 31 and a reversal of a decline that saw it bottom out at $6,363.97 on Feb. 5. Why bitcoin is continuing to grow in value is once again is disputed by analysts, but it appears to be the ...

Cryptocurrency exchange Coinbase Inc. is reported to have been making repeated unauthorized charges against customer bank accounts on the same day that IBM Corp.’s X-Force security team reported that hackers were targeting a cryptocurrency exchange. IBM said it was a two-tier attack that hijacked bitcoin and credit card details, allowing hackers to make cryptocurrency purchases in ...

Global shipping giant FedEx Corp. is the latest participant in the hit online series “Let’s Misconfigure Our AWS Storage” after it was revealed today that a company it acquired in 2014 had left confidential customer data sitting on an S3 instance with zero security. The data came from a company called Bongo International, later renamed ...

A new report on malware has found that there is a direct correlation between geopolitical events and malware spikes, meaning that politics, more than profit, is now the major driver behind hacking. The finding comes from researchers today at the Comodo Threat Intelligence Lab with their Global Malware Report 2017 that details malware tracked by the ...

Prolific banking trojan TrickBot has taken on a new challenge, with a new variant detected now targeting cryptocurrency exchanges. The new version, detected by IBM Corp.’s X-Force security research team, follows the path of previous variants in using web injections to steal the target asset. But where previously the target asset was only credit card ...

Do aliens like bitcoin? As the price of bitcoin has continued its bull run this week, cryptocurrencies have indeed been linked to aliens or, more specifically, our inability to find them. The bitcoin alien paradox, inspired by Enrico Fermi, comes from SETI, the Search for Extraterrestrial Intelligence program, where the chief scientist is complaining that the group can’t acquire graphics ...