The price of bitcoin plunged in trading Wednesday following an announcement from China’s three largest exchanges that they would extend their ban on withdrawals on the cryptocurrency indefinitely. BTC China, Huobi and OKCoin made the announcement in separate statements, saying that the suspension will lift only after regulators approve internal compliance upgrades, according to Bloomberg. ...

Bitcoin blockchain payment services startup Veem Inc. has raised $24 million in a Series B round for its effort to provide an alternative to expensive wire transfers. Founded in 2014 and previously known as Align Commerce, Veem offers a financial payments platform that facilitates person-to-person payments using bitcoin as the through point for the transfer. The ...

Google Inc. has unveiled a new commercial support product for companies using its cloud services. Called simply “Engineering Support,” the new product, as the name quite clearly suggests, provides Google engineer support to Google Cloud Platform clients on a role-based subscription model. Google is pitching the new service as providing a number of advantages over its ...

More than 1 million usernames, emails and decrypted passwords of Gmail and Yahoo accounts have been found on sale in a dark web marketplace. According to reports, a dark web seller who goes by the name of SunTzu583 is offering to sell 100,000 Yahoo accounts from the 2012 Last.fm data breach, 145,000 Yahoo accounts from the ...

Google Inc. has announced that it is enhancing its cloud partner program to make it easier for partners to build products seamlessly across its range of offerings. At the top of the list is the introduction of Google Cloud Partner Specializations, a new program that identifies partners via their specialties to make it easier for customers to recognize ...

Troubled business communications company Avaya Inc. has agreed to sell its networking business to Extreme Networks Inc. for $100 million as part of its efforts to battle its way out of bankruptcy. Avaya, which filed for Chapter 11 bankruptcy in January in an effort to reduce its debt load of about $6.3 billion, entered the networking business when it ...

A new release by Wikileaks of thousands of top-secret documents from the Central Intelligence Agency has revealed for the first time that the agency is actively hacking a wide variety of smart devices, even smart televisions. The “Year Zero” release, the first part of what Wikileaks dubs “Vault 7,” includes 8,761 documents and files said ...

Israeli security firm Check Point Software Technologies Ltd. has extended support in its vSEC security platform to provide coverage for Google Cloud for the first time. VSEC for Google Cloud Platform delivers advanced security built for agile and scalable cloud environments that includes: Advanced Threat Prevent that complements Google Cloud Platform’s native controls by securing traffic ...

Finance application startup Qapital Inc. has raised $12 million in a new early-stage round of funding for its goal of reinventing financial services. Founded in 2012, Qapital offers a money management application that allows users to organize their finances in a single place by connecting their online accounts. It claims to offer an instant overview of ...

CA Technologies Inc. has acquired application security firm Veracode Inc. for $614 million in cash. Founded in 2006, Veracode offers cloud-based application intelligence and security verification services that it claims improve the security of internally developed, purchased or outsourced software applications and third-party components. The company’s platform uses static, dynamic and manual testing, eLearning capabilities and ...