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

Bitcoin teases $16,000 as investor surge causes Coinbase trading delays

The price of bitcoin recovered in trading today as increased investor interest saw one exchange suffer trading delays once again. After a pre-Christmas slump that saw its price drop to as low as $11,000, investors returned to the market, driving the price back through $16,000 briefly before settling at $15,883.77 as of 8:30 p.m. EST. ...

300K usernames and passwords exposed on Ancestry.com RootsWeb server

Ancestry.com LLC is the latest company to expose confidential user data to the broader internet. A security researcher discovered a file containing usernames and passwords sitting on a server on Rootsweb.com, an Ancestry-owned family history site. The data included 300,000 email addresses/username and password combinations relating to RootsWeb users but also 7,000 Ancestry.com accounts, the company said Saturday. ...

Israel floats stock exchange ban for companies dealing in bitcoin

Israel looks set to be the latest country to crack down on bitcoin. The country’s financial regulator said Monday it would move to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange. The news came via Shmuel Hauser, chairman of the Israel Securities Authority, who reportedly told a ...

Node.js startup NodeSource raises $17.5M in new funding

Node.js startup NodeSource Inc. today said it has raised $17.5 million in new funding in a Series B round that included Silicon Valley Bank, Industry Ventures, Crosslink Capital and RRE Ventures. Founded in 2014, NodeSource builds products focused on Node.js security and performance for enterprise users. The only commercial provider specializing in enterprise Node.js services, the company offers ...

Google removes fake bitcoin wallet apps from its app store

Google LLC has removed three fake bitcoin wallets from its Play Store that had potentially stolen significant sums of cryptocurrency from its users. Discovered by researchers at mobile security firm Lookout Inc., the three wallets, part of the “PickBitPocket” mobile malware family, were all pretending to be legitimate bitcoin wallets. But instead of operating as ...

EtherDelta is the latest cryptocurrency exchange to be hacked

A popular cryptocurrency exchange has had its webpage hijacked and customer funds stolen in the latest case of hacking in the booming market. The hack of EtherDelta, an exchange offering trading in Ethereum and a number of other currencies, involved the hacker successfully gaining access to the company’s domain name server then subsequently redirecting customers ...

Shares in drink maker surge 300% following blockchain name change

Shares in a drink manufacturer surged by nearly 300 percent in trading Thursday after the company announced it was pivoting into blockchain development. The Long Island Iced Tea Corp., a Hicksville, New York-based drinks maker founded in 2011, pitched its decision to enter the blockchain business as taking advantage of “a once-in-a-generation opportunity” that is part of ...

Eric Schmidt to step down as Alphabet executive chairman in January

Alphabet Inc. Executive Chairman Eric Schmidt will be a taking a more backseat role going forward as the company announced that he would step down in January. Schmidt, who previously served as Google LLC chief executive officer from 2001 to 2011 before taking the role of executive chairman first at Google and then its successor ...

Chinese ride-hailing giant Didi Chuxing raises $4B in latest funding round

Chinese ride-hailing giant Didi Chuxing Technology Co. has raised $4 billion in a new round that is reported to have included SoftBank Group Corp. and Abu Dhabi’s Mubadala Development Company PJSC. The company said in a statement that it would use the new funding to support artificial intelligence capacity-building, international expansion and new business initiatives, including the development ...

NYSE Arca seeks regulatory approval for bitcoin-related exchange-traded funds

NYSE Arca looks set to be the latest major equities market to deal with bitcoin with the exchange filing two applications with the Securities and Exchange for approval to host bitcoin-related exchange-traded funds. The proposed bitcoin ETFs, ProShares Bitcoin ETF and ProShares Short Bitcoin ETF would allow traders to bet on the performance of bitcoin futures. ...