Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Salesforce recovers from outage caused by faulty database script

Salesforce.com Inc. has managed to recover from a database error that saw widespread outages for customers from midday Friday through Saturday morning. The outage had its origin in an update just before 1 p.m. EDT Friday when Salesforce engineers deployed a database script that “inadvertently gave users broader data access than intended,” the company said. That broader ...

JoyToken and RepuX token promoters alleged to have stolen $8M in exit scam

Two separate initial coin offerings are alleged to have undertaken exit scams in yet another round of pain for investors. The two ICOs, RepuX and JoyToken, are said to have stolen $4.7 million and $3.3 million from investors respectively according to a report from TNW. RepuX was attempting to raise funds for a “blockchain-backed platform [that] ...

Report: Coinbase in advanced talks to acquire bitcoin custody provider Xapo

Coinbase Inc. is in advanced talks to acquire old-school bitcoin custody provider Xapo Inc., according to an unconfirmed published Thursday. The Block, quoting unnamed sources, claimed that Coinbase has been locked in a “neck-and-neck race” with Fidelity Digital Assets to acquire Zapo over the past few weeks. Founded in 2012, Xapo was one of the first ...

Fiverr is the latest money-losing startup to file to go public

Israeli-based freelancer marketplace Fiverr Inc. is the latest tech firm to announce it’s going public after filing its paperwork today with the U.S. Securities and Exchange Commission. Founded in 2010, Fiverr offers a freelance market place that originally had all services priced at $5 but has since changed that business model. Described as a member ...

Law enforcement in US, Europe bring down GozNym cybercrime gang

Five people have been arrested and warrants issued for five more people alleged to be behind the GozNym cybercrime group. The arrests and charges came a through a joint operation between the European Union Agency for Law Enforcement Cooperation and the U.S. Federal Bureau of Investigation with the investigation including raids in Bulgaria, Georgia, Moldova and Ukraine. ...

President Trump signs executive order that mostly bans Huawei in the US

U.S. President Donald Trump issued an executive order Wednesday that bans American telecommunications firms from using foreign-made equipment that could present national security issues. The executive order formally declares a “national emergency with respect to the threats against information and communications technology and services in the United States and delegates authority to the Secretary of ...

Cryptocurrency exchange Binance returns to full trading after hack

Binance, the world’s largest cryptocurrency exchange by volume, is back after it was forced to halt withdrawals and deposits following a hack on May 7. The hack involved the theft of 7,000 bitcoins from a “hot” wallet connected to the internet that at the time was valued at $40.4 million. Binance, to its credit, was transparent ...

Ransomware study finds two prominent recovery firms made payoffs

Many cybersecurity firms talk a good game, but a new study has found that two prominent “ransomware recovery” firms typically pay the money to recover their clients’ data. ProPublica traced payments from bitcoin wallets owned by recovery firms to ransomware operators. One of those firms is alleged to be Proven Data Inc., a U.S. firm that claims, on ...

Microsoft offers security update to fix critical issue in older Windows systems

Microsoft Corp. Tuesday released a security update for unsupported operating systems to fix a serious, previously unknown vulnerability. The vulnerability is a remote code vulnerability in Remote Desktop Services that’s found in versions of Microsoft Windows dating back to Windows XP and is also found in Windows Server 2003. Microsoft dropped support for Window XP in 2014 and Server 2003 in 2015, but the exploit ...

Uniqlo hacked with 460,000 customer records stolen

Japanese global clothing outlet Uniqlo, owned by Fast Retailing Co. Ltd., has been hacked, with the details of 460,000 online customers stolen. The hack, which also saw data stolen from GU, another brand owned by Fast Retailing, involved the theft of customer data that included full name, physical and email address, phone number, gender, birth ...