Duncan Riley
Latest from Duncan Riley
There is a new heir apparent in the cryptocurrency world. Ripple, or XRP, a cryptocurrency established by Ripple Labs Inc., surpassed Ethereum in trading New Year’s Eve to become the second-largest coin or token behind bitcoin by market capitalization. Ripple Labs was …
Forever 21 confirms credit card details were stolen in hack of its sales network
Fast-fashion retailer Forever 21 Inc. is not starting the new year with a cheer, as the company confirmed in the closing days 2017 that it had its retail point-of-sale terminals hacked and customer data stolen. The hack was disclosed in November and occurred because …
Ethereum founder wants crypto community to focus on making the world a better place
Ethereum founder Vitalik Buterin is not impressed with the obsession about wealth creation in the cryptocurrency community, taking to social media to say that coin and token founders should be focusing on trying to make the world a better place. In a series …
Two Romanians arrested for hacking Washington D.C. camera network
Two Romanian nationals have been arrested over allegations that they were behind the hacking of the Washington D.C. closed-circuit television camera network that resulted in 70 percent of the network going offline in the week before the inauguration of President Donald Trump. The suspects, Mihai Alexandru …
South Korea cracks down on bitcoin trading with new regulations
South Korea has finally moved to crack down on bitcoin and cryptocurrency trading with a number of new rules that aim to restrict speculative trading. The country, one of the world’s largest in terms of bitcoin trading, first said that it would …
Lizard Squad founder facing jail time after pleading guilty to hacking charge
Zachary Buchta, allegedly a founder of the infamous hacking group Lizard Squad, is facing two and a half years in jail after pleading guilty to hacking-related charges prior to Christmas. Twenty-year-old Buchta, from Maryland, was arrested in October 2016 along with another man, Bradley …
1M-plus customer records possibly compromised in Nissan Canada hack
Up to 1.13 million customers of Nissan Canada have had their personal details breached after hackers managed to steal data from Nissan Canada Finance and related company Infiniti Financial Services Canada. The hack, which occurred Dec. 11, involved personal information including customer names, …
Infamous MMM Global scam operator Sergei Mavrodi launching his own cryptocurrency
Sergei Mavrodi, founder of the infamous Ponzi scheme MMM Global, is back with a dubious new offering following a 20-plus-year history of scams: an Ethereum blockchain-based cryptocurrency. Called Mavro, the cryptocurrency is set to launch Dec. 29 and will be a replacement for …
Bitcoin teases $16,000 as investor surge causes Coinbase trading delays
The price of bitcoin recovered in trading today as increased investor interest saw one exchange suffer trading delays once again. After a pre-Christmas slump that saw its price drop to as low as $11,000, investors returned to the market, driving the price …
300K usernames and passwords exposed on Ancestry.com RootsWeb server
Ancestry.com LLC is the latest company to expose confidential user data to the broader internet. A security researcher discovered a file containing usernames and passwords sitting on a server on Rootsweb.com, an Ancestry-owned family history site. The data included 300,000 email addresses/username and …