Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Switzerland bucks the trend and issues guidelines supporting initial coin offerings

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 celebrates Chinese New Year by breaking through $10K again

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 ...

Was Coinbase hacked? Exchange blames Visa as customers overcharged for thousands

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 ...

FedEx exposes confidential customer data via misconfigured AWS storage

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 ...

Report finds politics now trumps profit as the biggest driver of malware attacks

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 ...

New TrickBot banking trojan variant is targeting cryptocurrency exchanges

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? SETI researchers claim cryptomining hinders hunt for ET

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 ...

Intel opens bug bounty program to all with payments of up to $250K

Hot off the still ongoing drama surrounding the Meltdown and Spectre vulnerabilities in its chips, Intel Corp. has decided to expand its bug bounty program to the public. The initial bug bounty program launched in March 2017 in conjunction with venture capital-funded Hackerone Inc. to encourage security researchers to work with Intel on finding and reporting ...

Serious Skype vulnerability requires a ‘large code revision’ to fix

A recently discovered serious vulnerability in Skype that could give an attacker system-level privileges won’t be patched anytime soon. That’s because Microsoft Corp. has indicated that the fix requires a “large code revision.” The vulnerability, discovered by security researcher Stefan Kanthak, allows a hacker to modify the Skype updater to draw on a malicious DLL library instead of the genuine ...

Lazarus Group returns with hacking campaign targeting banks and bitcoin users

The Lazarus Group, the hacking group linked to North Korea believed to have been involved in the spread of the WannaCry ransomware attack last year, is back with a new campaign targeting financial institutions and bitcoin users. The new campaign, dubbed HaoBao Monday by security researchers at McAfee, sees a return to form for the group with a targeted ...