blockchain
Can regulation shape cryptocurrencies into useful business assets?![Blocks organised in several lines to represent blockchain technology](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Blocks organised in several lines to represent blockchain technology](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1637317712/itpro/2021/11/shutterstock_blockchain.jpg)
Can regulation shape cryptocurrencies into useful business assets?
Although the likes of Bitcoin may never stabilise, legitimising the crypto market could, in turn, pave the way for more widespread blockchain adoption
22 Mar 2023
Blockchain engineering jobs especially threatened by automation and ChatGPT![Woman and mand looking at a computer screen](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Woman and mand looking at a computer screen](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1620218161/itpro/shutterstock_software_developer.jpg)
Blockchain engineering jobs especially threatened by automation and ChatGPT
Blockchain engineers, software developers, and web designers are all at high risk, according to new research
20 Mar 2023
Naoris Protocol snaps up former IBM chief scientist to lead its strategy![David Holtzman headshot, wearing black t-shirt and black leather jacket](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![David Holtzman headshot, wearing black t-shirt and black leather jacket](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1677755527/itpro/david_holtzman.jpg)
Naoris Protocol snaps up former IBM chief scientist to lead its strategy
David Holtzman will lead the mesh security player’s growth strategy across both Web2 and Web3
2 Mar 2023
Allowing crypto farms to continue running is madness![The infrastructure of an active cryptocurrency farm](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![The infrastructure of an active cryptocurrency farm](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1675185711/itpro/2023/January/GettyImages-Bitcoin%20farm.jpg)
Allowing crypto farms to continue running is madness
The latest cryptocurrency price crashes are the perfect reminder of why mining should grind to a halt
11 Feb 2023
How shortages overshadowed 2022's tech successes![An arid landscape with a blue sky](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![An arid landscape with a blue sky](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1671197943/itpro/2022/December/GettyImages-arid%20landscape.jpg)
How shortages overshadowed 2022's tech successes
From components to skills and even ideas, businesses have experienced shortages on many fronts
20 Dec 2022
The NFT bubble bursting means a brighter future for crypto assets![Illustration of the 'apes with hats' NFTs hung on a wall like real artwork](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Illustration of the 'apes with hats' NFTs hung on a wall like real artwork](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1669131566/itpro/2022/November/GettyImages-NFTs%20apes%20with%20hats.jpg)
The NFT bubble bursting means a brighter future for crypto assets
Sales slump as the market decides “no one wants a gorilla with a hat on”, but the downturn might give rise to a much brighter future for NFTs
29 Nov 2022
National banks build blockchain CBDC platform for faster international payments![Blocks organised in several lines to represent blockchain technology](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Blocks organised in several lines to represent blockchain technology](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1637317712/itpro/2021/11/shutterstock_blockchain.jpg)
National banks build blockchain CBDC platform for faster international payments
The banks ran a pilot test where 164 payment and foreign exchange transactions were completed, totalling over $22 million over the six weeks
27 Oct 2022
What is DARQ technology?![Lots of digital chipboards arranged in rows](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Lots of digital chipboards arranged in rows](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1664547186/itpro/2022/September/GettyImages-DARQ.jpg)
What is DARQ technology?
We examine how the latest cutting-edge technologies can contribute to your business
27 Oct 2022
Hacker steals $566 million from Binance Bridge using proof-forgery exploit![A phone held in someone's hand close to the camera shows the Binance logo, while stock numbers are seen on a blurred screen in the background](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![A phone held in someone's hand close to the camera shows the Binance logo, while stock numbers are seen on a blurred screen in the background](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1665143124/itpro/GettyImages-1242877126.jpg)
Hacker steals $566 million from Binance Bridge using proof-forgery exploit
An exploit discovered in the exchange platform's proof verifier let the hacker take 2m BNB without raising alarm bells
7 Oct 2022
The cryptocurrency implosion shows we’re heading for the end![A display showing the value of an asset crashing](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![A display showing the value of an asset crashing](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1664171505/itpro/2022/September/GettyImages-market%20crash.jpg)
The cryptocurrency implosion shows we’re heading for the end
There’s a reckoning facing many who were persuaded – even tricked – into pouring their savings into meaningless blockchain-powered financial assets
29 Sep 2022
Google is now spending a staggering amount on blockchain![A telephoto shot of the Google logo, made of wood on a wall of wooden slats](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![A telephoto shot of the Google logo, made of wood on a wall of wooden slats](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1660735191/itpro/Google-Logo-GettyImages-1401929882.jpg)
Google is now spending a staggering amount on blockchain
The tech giant invested $1.5 billion into just four promising firms, as other big names also stake their claims in the emerging technology
17 Aug 2022
Nomad happy to forgive hackers if they return 90% of $190 million that was stolen![A hacker against a red background](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![A hacker against a red background](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1639495807/itpro/2021/12/GettyImages-Hacker.jpg)
Nomad happy to forgive hackers if they return 90% of $190 million that was stolen
The crypto bridge is offering 'white hat hackers' a 10% bounty following the attack earlier this week
5 Aug 2022
Auditors blame massive $4 million cryptocurrency heist on leaky logging technology![Stacks of dollars set against a blue and red background of binary code, denoting cryptocurrency and monetary value](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Stacks of dollars set against a blue and red background of binary code, denoting cryptocurrency and monetary value](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1659607048/itpro/cryptocurrency_binary_code_resized_getty.jpg)
Auditors blame massive $4 million cryptocurrency heist on leaky logging technology
Investigators raised concern over the thousands of vulnerable wallets containing Solana, USDC and other tokens
4 Aug 2022
Nomad crypto bridge drained of $190 million through “chaotic” exploit![Blocks organised in several lines to represent blockchain technology](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Blocks organised in several lines to represent blockchain technology](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1637317712/itpro/2021/11/shutterstock_blockchain.jpg)
Nomad crypto bridge drained of $190 million through “chaotic” exploit
The Nomad team has notified law enforcement and retained leading firms for blockchain intelligence and forensics, it said in a statement on Twitter
2 Aug 2022
NFTs are engaging creatives in a fight for their lives![The 'NFT' acronym over a piece of digital artwork](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![The 'NFT' acronym over a piece of digital artwork](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1658166639/itpro/2022/July/GettyImages-NFT%20creatives.jpg)
NFTs are engaging creatives in a fight for their lives
COVID sparked artists and photographers to flock to the NFT ecosystem, but the various marketplaces are only offering false hope lined with marketing …
23 Jul 2022
Web3 projects lose over $2 billion to hacks and exploits in 2022![Graphic illustrating the concept of Web3](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Graphic illustrating the concept of Web3](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1651061190/itpro/2022/April/GettyImages-web3.jpg)
Web3 projects lose over $2 billion to hacks and exploits in 2022
Blockchain and crypto schemes have already lost more in the first half of this year than throughout all of 2021
8 Jul 2022
What is cryptocurrency mining?![Two shovels next to Bitcoins being uncovered in mud to depict cryptocurrency mining](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Two shovels next to Bitcoins being uncovered in mud to depict cryptocurrency mining](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1606926009/Bitcoin_mining_Shutterstock.jpg)
What is cryptocurrency mining?
We explain how virtual currencies such as Bitcoin and Ether are actually made
27 May 2022
Uptake for blockchain skills courses surges 450% in 2022![An unidentified person coding on a laptop placed on a bright desk](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![An unidentified person coding on a laptop placed on a bright desk](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk/image/upload/f_auto,t_card-mobile@1/v1570816814/itpro/2019/01/skills_shutterstock_672470545.jpg)
Uptake for blockchain skills courses surges 450% in 2022
Udemy study finds employees are also looking to learn more about improving their efficiency at work
26 May 2022
Google Cloud confirms it is building a dedicated team to support Web3 developers![Close up of Google Cloud sign displayed at the entrance to its headquarters in Silicon Valley; South San Francisco bay area](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Close up of Google Cloud sign displayed at the entrance to its headquarters in Silicon Valley; South San Francisco bay area](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1611917978/itpro/shutterstock_google_cloud_entrance.jpg)
Google Cloud confirms it is building a dedicated team to support Web3 developers
Google Cloud's new team will focus on helping developers build new projects around decentralised technologies such as blockchain, cryptocurrency, and …
9 May 2022
What is Web3 and will it revolutionise the internet again?![Graphic illustrating the concept of Web3](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Graphic illustrating the concept of Web3](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1651061190/itpro/2022/April/GettyImages-web3.jpg)
What is Web3 and will it revolutionise the internet again?
The third generation of the web promises to put us in control of our data – but not everybody is convinced
27 Apr 2022
Critical security flaw discovered in NFT marketplace Rarible![Abstract image showing the letters NFT in pink on top of a background of digital concepts and code](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![Abstract image showing the letters NFT in pink on top of a background of digital concepts and code](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1649929994/itpro/nft_marketplacE_GettyImages-1341709862.jpg)
Critical security flaw discovered in NFT marketplace Rarible
If exploited, the vulnerability could have led to the theft of NFTs and crypto tokens in a single transaction
14 Apr 2022
Blockchain expert imprisoned for five years for aiding North Korea![North Korean Flag on Binary code](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=)
![North Korean Flag on Binary code](https://webcf.waybackmachine.org/web/20230330073937/https://media.itpro.co.uk//image/upload/f_auto,t_card-mobile@1/v1649843931/itpro/GettyImages-1034395786-northkorea-blockchain.jpg)
Blockchain expert imprisoned for five years for aiding North Korea
Virgil Griffith provided instructions on how North Korea could use blockchain technology such as smart contracts to negotiate nuclear weapons with the…
13 Apr 2022