Duncan Riley
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Ethereum tokens stolen from Enigma in latest initial coin offering hack
In a bust that’s worthy of its name, a company with an upcoming initial coin offering by the name of Enigma has been hacked. The bad guys running off with 1,500 in Ethereum tokens, worth $473,000. Founded in 2015, Enigma pitches itself as an open data technology company that focuses on analyzing public and private data for ...
Enterprise database startup Redis Labs raises $44M
Enterprise database startup Redis Labs Inc. has raised $44 million in a Series D round led by Goldman Sachs Private Capital Investing. Founded in 2011, Redis Labs provides a hosted cloud service for Redis, an open-sourced NoSQL structure store that is primarily used to host databases but can also be used as a cache and message ...
PlayStation Network social accounts hacked, and network itself may have been compromised
Notorious Saudi hacking group OurMine successfully hacked social media accounts for the PlayStation Network over the weekend, but in a more concerning twist, it’s claiming it also compromised PSN itself. In a series of tweets and Facebook messages that appeared Sunday, the group first claimed responsibility for hacking into the social media accounts, writing “PlayStation, ...
Google develops machine learning algorithm that can easily remove watermarks from images
In a move that’s bound to make intellectual property providers such as Getty Images Inc. nervous, Google has developed a new algorithm that can easily remove watermarks from images. Detailed in a paper presented at the 2017 Conference on Computer Vision and Pattern Recognition last month, the algorithm takes advantage of an error in the watermarks are typically ...
Blockchain-powered VR startup Decentraland raises $25.5m in initial coin offering
Decentraland, an open-source initiative that is attempting to develop a virtual reality space that utilizes the Ethereum blockchain for asset management, has raised 86,260 ETH ($25.5 million) in an initial coin offering. Having first gained public attention back in 2015, Decentraland is attempting to build an open VR platform that is a sort of Second Life without as ...
Amazon helps software developers get Alexa onto more devices
Amazon.com Inc. is aiming to get its Alexa digital voice assistant installed on more third-party devices with the release of a software development kit that enables just that. The Amazon Voice Services Device SDK, launched today, is aimed at making Alexa integration simpler and cheaper for commercial device manufacturers through the provisional of core libraries for ...
Bank of America insider trading highlights how critical enterprise data security is
In a case that highlights the importance of enterprise data security, an information technology worker has been arrested over allegations that he stole confidential insider information from Bank of America Merrill Lynch which he then shared with others to make investments in stocks. Thirty-two-year-old Daniel Rivas, described only as a “former IT employee,” is alleged to have ...
ThoughtSpot raises $60M more to expand its business intelligence product
ThoughtSpot Inc. Thursday said it has raised an additional $60 million in new funding to push ahead with its goal of disrupting the business intelligence market. The funding comes from Lightspeed Venture Partners and Capital One Growth Ventures. The round is an extension of an initial Series C round of $50 million raised in May 2016. The ...
Chris Wanstrath to step down as CEO of software code host GitHub
GitHub Inc. Chief Executive Officer Chris Wanstrath is stepping down from his role after he finds a replacement, according to a report by Forbes. Wansrath, a co-founder of the hosting service for software code, previously held the position of CEO between its founding in February 2008 and July 2012. He returned to the position of CEO in January 2014 following ...
Report: Ukrainian malware author working with FBI on Russian hacking investigation
In a scene out of a spy novel, a Ukrainian malware author who designed a tool alleged to have been used by Russian hackers during the 2016 U.S. presidential election is reported to be now working with the Federal Bureau of Investigation. The man, known only by the online alias “Profexer,” is alleged to have gone dark online in January, ...