Duncan Riley
Latest from Duncan Riley
South Korean bitcoin exchange Youbit has ceased trading and announced it will file for bankruptcy after it was hacked for the second time this year. The new hack occurred in the early morning of Dec. 19 local time and resulted in the …
Overstock.com launches initial coin offering for blockchain trading platform
Riding a boom in initial coin offerings, online retailer Overstock.com Inc. today launched its own. The “tZERO Security Token Sale,” slated to raise $250 million, is being pitched as a way for Overstock.com to develop a platform that “integrates cryptographically secure distributed ledgers with …
Data on 123M US households exposed in latest misconfigured AWS cloud storage case
Data on 123 million U.S. household has been found unsecured and open to the public in the latest and possibly biggest case to date of a company failing to secure data on an Amazon Web Services Inc. storage “bucket.” Like those before, the …
Analyst predicts $400,000 price as one actual expert labels bitcoin ‘as good as useless’
In a day that has become typical of the contrast around bitcoin news, one analyst is predicting that the price of bitcoin will rise to as much $400,000, while an actual bitcoin expert has sold his holdings, saying that the cryptocurrency is …
Kaspersky sues US government over ‘unconstitutional’ ban
Kaspersky Labs is fighting back against a ban by the U.S. federal government earlier this year by suing the Department of Homeland Security, calling the action unconstitutional. In September, the DHS said all government agencies should cease using Kaspersky products “based on …
Fintech company’s stock surges 2,400% after it acquires blockchain firm
In the latest sign of bitcoin mania, a small New York City-based financial services company saw its stock price leap a staggering 2,400 percent just a few days after it acquired a blockchain company. The company, Longfin Corp., which claims to provide …
Critical vulnerability found in password manager bundled with Windows 10
A critical vulnerability has been discovered in a password manager bundled with Windows 10 that could allow any website to steal any password stored on a personal computer. Discovered by Google Project Zero researcher Travis Ormandy, the bug in the Keeper Password Manager was found …
Bitcoin price drops as CME Group debuts futures trading
The price of bitcoin dropped in trading Sunday after the long-hyped debut of futures trading on the Chicago Mercantile Exchange fizzled on its debut. Bitcoin hit a new record high of $19,781.75 in the lead-up to the launch of the CME Group Inc. …
Oracle to acquire Australian cloud collaboration provider Aconex for $1.19B
Oracle Corp. Sunday said it will acquire Aconex Ltd., a Melbourne, Australia-based maker of cloud construction and engineering industry collaboration tools, for AU$1.6 billion ($1.19 billion). Founded in 2000 as a company offering construction collaboration and procurement management services, Aconex subsequently pivoted …
Report: Amazon in talks to acquire cybersecurity startup Sqrrl
Amazon.com Inc. is reportedly in advanced talks to acquire Sqrrl Data Inc., a Massachusetts-based cybersecurity software company that specializes in advanced threat detection for enterprise users. Axios made the claim Sunday, saying its source believes that the purchase price would be a “bit …