Duncan Riley
Latest from Duncan Riley
The prices of bitcoin and bitcoin futures rose in trading Thursday, resuming a record-breaking bull run, or speculative bubble, that has now been partly blamed on Japanese housewives. Bitcoin futures on the Cboe Global Markets exchange, having slumped yesterday as investors invested …
Triton malware targets oil and gas assets in the Middle East
A disturbing new form of malware that targets industrial equipment has been discovered in the wild in what may be a serious state-sponsored attack. Dubbed “Triton” by researchers at FireEye Inc., the malware is said to have already shut down the operations …
Researchers warn users to be wary of fake social media pages this holiday season
An online security firm is warning users to be careful online this holiday season as cybercriminals once again gear up to scam people via social media. Researchers at ZeroFOX Inc. today said they have found 2,868 fraudulent holiday scam accounts across social media that are …
Bitcoin futures trading temporarily halted as investors flood into other cryptocurrencies
Trading in bitcoin futures on the Cboe Global Markets exchange was halted briefly on Wednesday as investor interest switched from bitcoin to alternative cryptocurrencies, some of which hit new record highs. The automatic two-minute halt kicked in after the price of XBT.1 January 2018 bitcoin futures dropped …
Three men plead guilty to creation and distribution of infamous Mirai botnet
Three men have pleaded guilty to their role in the creation and distribution of the infamous Mirai botnet, which took down wide swaths of the internet in October 2016. This particularly pernicious botnet, which is a group of internet-connected devices that are …
Department of Justice letter reveals criminal investigation into Waymo-Uber allegations
Uber Technologies Inc.’s long, bad year just got worse. The judge presiding over its case with Waymo today unsealed a document that reveals for the first time that the ride-hailing company is currently subject to a criminal investigation by the U.S. Department …
Bitcoin exchange Bitfinex targeted by distributed denial-of-service attack
Bitfinex, the world’s largest bitcoin exchange by volume, suffered downtime Tuesday after it was targeted by a distributed denial-of-service attack, the first successful attack targeting the exchange since it was taken down for a number of days in similar circumstances in June. The …
South Korea calls emergency meeting to consider cryptocurrency regulations
South Korea’s central bank has called an emergency meeting to discuss cryptocurrencies as bitcoin speculation sweeps the country. Reuters reported Tuesday that officials are not saying exactly what will be on the table at the meeting. But policymakers in the country have been called upon to regulate …
Facebook releases its augmented reality platform to the public
Facebook Inc. is trying to expand its presence in the burgeoning augmented reality market with the public launch of AR Studio, a platform based on code it acquired from MSQRD Inc. back in 2016. AR Studio is claimed to be a platform that “empowers …
Cisco survey finds consumers like IoT devices but don’t trust their security
Consumers see great value in “internet of things” devices but lack trust in them because of security concerns, according to a survey recently undertaken by Cisco Systems Inc. The “IoT Value/Trust Paradox” survey of 3,000 consumers found that 53 percent of respondents …