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

Report: ETrade preparing to launch cryptocurrency trading support

ETrade Financial Corp. may be the next online stock trading platform to offer support for cryptocurrencies, according to an unconfirmed report published Friday. Bloomberg, quoting people familiar with the matter, said that the company is getting close to launching cryptocurrency trading and will start with support for buying and selling bitcoin and Ethereum with other cryptocurrencies ...

Rapidly spreading cryptomining malware uses NSA hacking code

A new form of cryptomining malware that utilizes U.S. National Security Agency hacking code has been detected rapidly spreading across Asia. Dubbed “Beapy” by security researchers at Symantec Corp. who identified it last week, the malware is primarily targeting enterprise networks, with the majority of infections detected in China but also other countries in Asia as well. ...

Uber sets final terms for IPO after last-minute $500M investment from PayPal

Uber Technologies Inc. finally set its initial public offering range on Friday in an announcement that came with a surprise: PayPal Inc. is investing $500 million into the company before the IPO. The announcement of Uber’s IPO pricing came in as expected, with the ride-hailing giant looking to sell 180 million shares at $44 to $50 ...

190,000 user accounts exposed in hack of Docker Hub database

A Docker Hub database has been hacked, exposing data relating to about 190,000 users. The unauthorized access was detected on April 25, and Docker moving quickly to intervene and secure the database. Docker Hub is a library and community for container images, hosting over 100,000 container images from software vendors, open-source projects and the broader ...

Report: Amazon’s planning a high-definition music streaming service

A week after launching a free, ad-supported version of its Music Unlimited service in the U.S., Amazon.com Inc. is reported to be planning a new high-definition music streaming service. According to Music Business Worldwide, Amazon is currently in discussion with music rights holders about the service with at least one major record company having already signed on. ...

Report: Uber to reveal details of IPO, expected on a valuation of $80-90B

Uber Technologies Inc. finally could reveal details of its forthcoming initial public offering Friday, with reports suggesting that it will price its shares at between $44 and $50 each. Bloomberg, citing people familiar with the matter, said the offering will value Uber at between $80 billion and $90 billion, with Uber raising between $8 billion ...

New York sues Bitfinex, claiming the cryptocurrency exchange hid $850M loss

The price of bitcoin plunged Thursday following an announcement from the New York Attorney General’s office that it had filed a lawsuit against Bitfinex Inc., the company behind cryptocurrency exchange Bitfinex and the Tether stablecoin. The lawsuit claims that Bitfinex and Tether engaged in “undisclosed, conflicted transactions to cover Bitfinex’s losses by transferring money out ...

Report: Samsung is developing custom blockchain based on Ethereum

Samsung Electronics Co. Ltd. is developing its own custom blockchain based on the Ethereum blockchain, according to source quoted by CoinDesk. Exactly what Samsung intends to use its blockchain for is not clear. “Currently, we are thinking of private blockchain, though it is not yet confirmed,” the source told CoinDesk. “It could also be public ...

Report: Slack could reveal stock prospectus before week’s end

Messaging platform startup Slack Technologies Inc. is about to go public. That’s according to a report published Wednesday that the company may make it official before the end of the week. The Wall Street Journal, quoting people familiar with the matter, said Slack will make its prospectus available to the public before Friday. Slack has long ...

$30M stolen as popular dark web market pulls an exit scam

A popular dark web marketplace for the sale of illicit goods is alleged to have stolen $30 million in customer funds in what is likely to be an “exit scam.” The Wall Street Market, which had become popular after rival Dream Market announced it was closing, first started claiming that it was having issues with ...