Duncan Riley
Latest from Duncan Riley
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 …
FCC action may see popular bitcoin mining hardware model banned
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, …
Intel now facing 35 lawsuits over Meltdown and Spectre vulnerabilities
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …