Duncan Riley
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The price of bitcoin alternative Bitcoin Cash surged in trading Tuesday as cryptocurrency marketplace Coinbase Inc. added support for the new currency for the first time. Bitcoin Cash, a “forked” version of bitcoin, debuted at the beginning of August, when existing bitcoin …
Insidious new cryptocurrency mining malware can physically damage a victim’s phone
An insidious new form of Android malware detected in the wild deploys a cryptocurrency miner that can actually cause physical damage to phones, according to a newly published report. Dubbed “Loapi” by security researchers at Kaspersky Lab, the trojan malware is spread …
After a hack, South Korean bitcoin exchange Youbit files for bankruptcy
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. …