The news of a hack at Bitcoin/ Cyrptocurrency exchange ShapeShift AG has taken a turn for the worse with the discovery that the hack itself was an inside job. According to a new update by ShapeShift Chief Executive Officer Erik Voorhees, the culprit has been identified as someone who had previously worked for the exchange. ...

Uber for kids rides Shuddle, Inc. is no more with the company announcing it would close Friday due to an inability to raise more money to keep the service going. Founded in 2014 at the height of “Uber for X” mania, Shuddle pitched itself as the safe and reliable ride service busy parents had been ...

Microsoft Corp. is taking the good fight against secrecy orders directly to Uncle Sam by suing the Department of Justice over the constitutionality of the existing provision under law. The legal provision, as it currently exists, prevents companies such as Microsoft informing customers when their data has been accessed by a Federal Government agency when ...

Bitcoin and cryptocurrency exchange CoinWallet.co has announced that they will be closing the business effective May 1 following a data breach. According to the closure announcement post, the hack occurred April 6 and involved the person behind the attack inserting bad code in a recently added feature that allowed user input. Encrypted details of user ...

Senators Richard Burr and Dianne Feinstein released their anti-encryption bill Wednesday after an earlier draft version was leaked last week. The proposed law, called the Compliance with Court Orders Act of 2016, would force companies to provide technical assistance to government investigators seeking locked data, a specific reference to the standoff between Apple and the ...

Amazon.com, Inc officially launched their latest Kindle Wednesday, the Kindle Oasis. As per details leaked prior to its release,  the Kindle Oasis weights 4.6 ounces and it just 3.4mm at its thinest point, making it 30 percent thinner than any existing Kindle and 20 percent lighter. The device has a polmer frame plated with metal ...

Airbnb, Inc has acquired ChangeCoin, Inc., the company behind the ChangeTip Bitcoin online tipping platform. First reported by Quartz, the deal is said to be an “acqui-hire” and does not include any intellectual property rights. Founded in 2014, ChangeCoin describes itself as providing micropayment infrastructure for the Internet. ChangeTip (its only product) integrates payment processing ...

Cybersecurity solutions provider Optiv Security, Inc. (previously Accuvant and FishNet Security) has acquired identity and access management (IAM) firm Advancive LLC for an undisclosed sum. Based in Pasadena, CA, Advancive offers security advisory and solution implementation services focused on identity and access, security risk and compliance management, infrastructure and application security. The company claims to ...

Online lending startup Pave, Inc. has raised $8 million Series A in a round led by Maxfield Capital that included existing investors C4 Ventures and Seer Capital. Founded in 2012, Pave pitches itself as a lending platform for Millennials (people born after 1980) who want access to funding at fair rates from people who want ...

Sales of Apple, Inc.’s Apple Watch are set to decline in 2016 despite the expected release of a new model, according to an analyst report Monday. Ming-Chi Kuo of KGI Securities, arguably the most respected Apple analyst in the game, has predicted that Apple will ship 7.5 million Apple Watch units for the calendar year ...