A new botnet that targets Android devices to mine for cryptocurrency is spreading rapidly in the wild, just days after more than a half-million Windows personal computers were reported hijacked by the Smominru botnet for similar purposes. The new botnet, dubbed ADB.Miner by security researchers at Qihoo 360 Netlab, uses a wormlike process to spread itself across Android devices, including phones, smart ...

Bitcoin continued its bear run in Monday trading as U.S. regulators prepared to call on Congress for more oversight and new regulations on cryptocurrency markets. The regulation call is set to come from Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, and Jay Clayton, chairman of the Securities and Exchange Commission, who are scheduled to ...

Popular grammar-checking startup Grammarly Inc. has been forced to issue an urgent update to its browser extensions after they were discovered to be exposing user data to malicious websites. The security bug, discovered by security researcher Tavis Ormandy, affected both the Chrome and Firefox Grammarly browser extensions and leaked authentication tokens that allowed any website a Grammarly browser extension user ...

Apple Inc.’s troubled iPhone X smartphone is facing more issues amid reports of complaints that they have problems answering phone calls. The problem, which first emerged on Apple’s support pages, involves a delay between an incoming call and the display on the iPhone X giving users the option of accepting the call. The Financial Times reports that ...

The price of bitcoin dropped again in trading over the weekend as banks in both the United States and the United Kingdom imposed bans on customers using their credit cards to purchase cryptocurrencies. The bans started Friday, with JP Morgan Chase Co., Bank of America Corp. and Citigroup Inc. all announcing that they were moving to implement the ban ...

A newly discovered critical vulnerability in Adobe Systems Inc.’s Flash player is being actively exploited, possibly by North Korean hackers. The newly uncovered vulnerability (CVE-2018-4878) exists in recent versions of Flash up to 28.0.0.137 and gives an attacker Remote Code Execution access, which allows them to take control of the affected system. The attack vector involves a ...

The price of bitcoin plunged Thursday after India announced that it’s implementing a ban on cryptocurrencies — not simply exchanges but all use of cryptocurrencies within its borders. Bitcoin investors had already been on tenterhooks (or Tether hooks in this case) over the U.S. Securities and Exchange Commission’s fraud investigation into leading cryptocurrency exchange Bitfinex and ...

Intel Corp. is planning to spin off its augmented reality division into a separate company and sell off a majority of its shareholding, according to sources quoted by Bloomberg. The report claims that Intel is seeking multiple backers to invest in the spun-off business and is looking to raise about $350 million from its divestiture. ...

A former TechCrunch employee has been arrested in Australia on allegations that he hacked a car sharing company, charged vehicles to other users and stole confidential customer data. Thirty-seven-year-old Nik Cubrilovic from Penrose, New South Wales, was arrested Wednesday by detectives from the NSW Police Cybercrime Squad in conjunction with Public Order and Riot Squad police. Cubrilovic is alleged ...

Despite negative headlines about the future of bitcoin and cryptocurrencies of late, it turns out a number of leading companies didn’t get the memo: LINE Corp., Samsung Electronics Co. Ltd. and Square Inc. have all announced new cryptocurrency related services in the last 36 hours. Leading the pack was a surprise announcement from messaging app service provider ...