Bitfinex, the world’s largest bitcoin exchange by volume, suffered downtime Tuesday after it was targeted by a distributed denial-of-service attack, the first successful attack targeting the exchange since it was taken down for a number of days in similar circumstances in June. The DDoS attack started at 9:44 a.m. EST. Bitfinex alerted customers to the issue ...

South Korea’s central bank has called an emergency meeting to discuss cryptocurrencies as bitcoin speculation sweeps the country. Reuters reported Tuesday that officials are not saying exactly what will be on the table at the meeting. But policymakers in the country have been called upon to regulate cryptocurrency markets because of ongoing volatility, saying that trading in it has created ...

Facebook Inc. is trying to expand its presence in the burgeoning augmented reality market with the public launch of AR Studio, a platform based on code it acquired from MSQRD Inc. back in 2016. AR Studio is claimed to be a platform that “empowers creators to connect art with data to bring augmented reality into everyday life ...

Consumers see great value in “internet of things” devices but lack trust in them because of security concerns, according to a survey recently undertaken by Cisco Systems Inc. The “IoT Value/Trust Paradox” survey of 3,000 consumers found that 53 percent of respondents believed that IoT devices make their life easier, but only 9 percent have ...

Malicious apps on Google Play continue to grow in number as the search and mobile giant struggles to filter submissions, according to a new report covering mobile security published today. The RiskIQ Inc. mobile threat landscape report for the third quarter found that malicious mobile apps are increasing across the board, impersonating brands and fooling ...

Investors in bitcoin futures launched on the Cboe Global Markets exchange Sunday are predicting that growth in the price of the cryptocurrency will rapidly slow in the coming months, ending an unprecedented bull run that has seen the price of bitcoin increase by 1,600 percent since the beginning of the year. The newly launched XBT futures contracts are tradable ...

A newly discovered Russian hacking group is said to have stolen at least $10 million from banks in the United States, United Kingdom and Russia. The claim comes today from the Moscow-based cybersecurity firm Group-IB, which said the group, dubbed “MoneyTaker,” has stolen funds from 20 companies. Some 16 of the attacks targeted U.S organizations, three attacks ...

Enterprise cryptocurrency wallet startup BitGo Inc. said today it has raised $42.5 million in new funding. The Series B round was led by Valor Equity Partners and included David Sacks, Bill Lee and DRW. As part of the deal, Antonio Gracias of Valor Equity Partners, also a board member at Tesla Inc. and SpaceX Inc., will join BitGo’s ...

Apple Inc. has removed a fake cryptocurrency app that had embarrassingly climbed to the third position in the finance category of the App Store. The fake iOS app, pretending to be from MyEtherWallet, a service that offers storage for Ethereum-based cryptocurrencies, first appeared in the App Store around a week ago. It claimed to allow ...

A California company raising funds through an initial coin offering for a service promising to take on Yelp Inc. has refunded subscribers after the Securities and Exchange Commission launched an investigation into whether it was raising funds illegally. Munchee Inc. launched its ICO in October, promising to build a new platform “that looks to disrupt sites like ...