Startups or Targets? Silicon Valley Has Let Its Cybersecurity Guard Down, Experts Say

Silicon Valley has its guard down when it comes to the threat posed by state-sponsored hackers and snoops. That was the consensus of a group of cybersecurity experts in a roundtable discussion at the Fortune Brainstorm Tech conference in Aspen, Colo., on Tuesday. “I think people in the Valley are naïve to the foreign nation-state … Read more

President Trump’s Tweets Attacking Congresswomen Didn’t Violate Twitter’s Policy, CFO Says

One of Twitter’s top executives said President Donald Trump’s controversial tweet attacking a group of diverse congresswomen a couple of days ago was not against the rules. “If you see something on Twitter, it means it didn’t violate our policy,” Ned Segal, Twitter’s chief financial officer, said in response to how Twitter handled the president’s … Read more

Following $32 Million Hack, Cryptocurrency Platform Bitpoint Suspends Operations

Bitpoint, a licensed cryptocurrency exchange based in Japan, has reportedly shut down operations following a hack that caused the platform to lose ¥3.5 billion yen ($32 million) in cryptocurrency.  According to Bloomberg, The exchange revealed about 2.5 billion yen of stolen funds belonged to customers, while Bitpoint owned the rest. Remixpoint, the owner of the … Read more