Another company promising investors riches in an initial coin offering has shut down in an apparent “exit scam” after raising $4.5 million from victims through a combination of bitcoin and Ethereum. The “company,” called LoopX, was offering LPX tokens that would be used to fund an investment platform. That allegedly involved a “new kind of trading ...

Amazon.com Inc. may be doubling down on its efforts to develop chip technology in-house . Two separate reports claim it has started to develop its own artificial intelligence chip and also last year acquired a security camera company that has designed a low-energy chip that can be used in “internet of things” devices. On the AI front, ...

Updated with confirmation of attacks: In what could be the first of many attacks in the quest for Olympic hacking gold, potential state-sponsored hackers have targeted the Winter Olympic Games being held in PyeongChang, South Korea, taking down the main ticketing site for the games. The first major attack occurred Friday during the opening ceremony for the games. ...

An Italian cryptocurrency exchange that claimed to have been hacked may have actually been a con called an exit scam, according to the latest reports. The drama started Friday when Bitgrail S.r.l. claimed that they had “lost” 17 million Nano, a fairly obscure cryptocurrency previously known as “Raiblocks” worth approximately $170 million in what it claimed was “unauthorized ...

Thousand of websites, including those run by government departments in Australia, the United Kingdom and the United States, have been serving up cryptomining script through a popular plugin used to assist disabled visitors on websites. First reported by The Register Sunday, the infection is believed to have been caused by attackers hacking a plugin called Browsealoud, which ...

Chinese ride-hailing giant Didi Chuxing Technology Co. is setting its sights on Japan. Under a new deal with SoftBank Group Corp. announced Thursday, Didi will run a trial of its services in Osaka, Kyoto, Fukuoka, Tokyo and other locations with an aim of setting up shop permanently should the trial be successful. The venture, which may operate ...

Cryptocurrency markets were spooked in trading Thursday after leading bitcoin exchange Binance went offline for over 24 hours without warning. Hong Kong-based Binance went offline at approximately 7 p.m. EST Wednesday as part of a system upgrade that the company said would result in a “decrease in exchange performance” for a period of four hours. A ...

Databases detailing 19.5 million Californian voter records as well as 53,000 newspaper subscribers have been stolen after a newspaper left both files exposed online. The leak from The Sacramento Bee, reported today, was discovered by the Kromtech Security Center, which found a 91.5-gigabyte MongoDB database file Jan. 19 via a breach report based on Shodan, an “internet of ...

Everipedia Inc., a for-profit Wikipedia competitor, today said it has raised $30 million to move its “next generation encyclopedia” onto a blockchain. The Series A round was led by Galaxy Digital’s EOS.IO Ecosystem Fund and included the Distributed Network Advisors Fund. Founded in 2014, Everipedia has been described as “a more lively Wikipedia for the Snapchat generation.” At its base, Everipedia does ...

Bellevue, Washington-based Icertis Inc. has raised $50 million in new funding to expand its cloud contract management platform. The Series D round was led by Meritech Capital Partners and also included PSP Growth, Cross Creek Advisors, B Capital Group, Ignition Partners, Greycroft and Eight Roads Ventures. Founded in 2009, Icertis offers a contract lifecycle management cloud platform that seeks ...