Duncan Riley
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Vietnam is the latest country to restrict the use of cryptocurrencies, as the communist country’s central bank decreed that virtual currencies will be prohibited as a method of payment starting next year. The decree noted that the new policy, effective Jan. 1, was approved …
Cryptocurrency mining code found hidden in Google Play-listed Android apps
The spread of hidden code that hijacks computing power to mine for cryptocurrencies is spreading even further, as security researchers have discovered hidden cryptomining code in Android apps listed on the Google Play store. Researchers at Trend Micro Inc. made the discovery, …
Chinese search engine Sogou chases $540M in US IPO
Search engine provider Sogou Inc. will be the latest Chinese tech firm to go public in the United States, as the company filed paperwork Friday to raise $540 million on the New York Stock Exchange. Sogou is being spun off as a standalone company from …
Matrix ransomware reloaded in new malicious advertising campaign
The Matrix — the ransomware, that is — has been reloaded as a security researcher discovered that a new form of the malware that first appeared in 2016 has once again been spotted in the wild. Jérôme Segura from Malwarebytes made the …
Bitcoin hits new record high on rumors that China may rescind exchange ban
Bitcoin surged to a new record high of $6,306.58 in trading Sunday after rumors emerged that China may be reconsidering its ban on the trading of cryptocurrencies. The price, up more than $200 on the previous record high of $6,148.82 one week ago, …
Facebook denies listening to user conversations to target ads
Facebook Inc. has denied that it spies on what users are saying via their smartphone microphones to deliver targeted advertising, despite many users suggesting that it does just that. Rob Goldman, vice president of ads products at Facebook, defended the company in …
Fake cryptocurrency trading apps discovered on Google Play
Users of popular cryptocurrency exchange Poloniex Inc. are being warned to be careful after the discovery on two password stealing apps targeting them in the Google Play Store. The apps, discovered by security researchers at ESET spol. s.r.o., were disguised as the …
Kaspersky claims malware installed by NSA contractor led to secret data grab
Kaspersky Labs today said it obtained spying code used by the National Security Agency after it was scrapped when an NSA contractor installed malware on his computer. According to details published Monday by Kaspersky, an internal investigation found one instance in 2014 …
Bad Rabbit ransomware: Here’s what enterprises need to know
More details are becoming available about a new form of malware dubbed “Bad Rabbit” that was first reported Tuesday. The malware, said to be rapidly spreading through corporate networks in Russia, Germany, Ukraine and Turkey, is similar to the Petya family of …
Cheers! Russian entrepreneur plans to make cryptocurrency-themed vodka
A rather crafty Russian entrepreneur wants to spread the joy of cryptocurrencies in the form of vodka. Dmitry Troitsky, from the Russian city of Ekaterinburg in the Ural mountain range, has filed trademarks to use the names Bitcoin, Ethereum and Ethereum Classic as …