IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

blockchain

Nomad happy to forgive hackers if they return 90% of $190 million that was stolen
A hacker against a red background
hacking

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
hacking

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
hacking

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
blockchain

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
blockchain

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
cryptocurrencies

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
elearning

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
Cloud

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
Network & Internet

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
cyber security

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
blockchain

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
Why Rishi Sunak's NFT gambit will backfire on UK fintech
Rishi Sunak on Downing Street
blockchain

Why Rishi Sunak's NFT gambit will backfire on UK fintech

Plans for the Royal Mint to launch an NFT – part of wider government cryptoasset measures – is more than just another PR misstep
5 Apr 2022
Cyber attackers' NFT blockchain heist nets hundreds of millions in stolen cryptocurrency
A collection of various coins with cryptocurrency logos embedded onto them
blockchain

Cyber attackers' NFT blockchain heist nets hundreds of millions in stolen cryptocurrency

Ronin blockchain owner Sky Mavis said it's working with outside experts to ensure the stolen funds are returned to owners
30 Mar 2022
Experts dismiss today's EU vote to ban Bitcoin as 'unworkable'
Blocks organised in several lines to represent blockchain technology
blockchain

Experts dismiss today's EU vote to ban Bitcoin as 'unworkable'

A controversial last minute amendment could effectively ban the biggest cryptocurrency in the world if approved in a vote today
14 Mar 2022
Microsoft releases analysis of Web3 'ice phishing' attack
A shot from above of a hole drilled into an ice lake
phishing

Microsoft releases analysis of Web3 'ice phishing' attack

New phishing method targets an immature technology stack on the next generation of the internet
17 Feb 2022
China’s digital currency rollout could be a blueprint for the West
Graphic with several objects including circles overlaid on the Chinese flag
digital currency

China’s digital currency rollout could be a blueprint for the West

With China rolling out the digital yuan at the 2022 Beijing Winter Olympics, it’s the first major economy to launch a nationwide CBDC
4 Feb 2022
India to launch state-backed 'digital rupee'
The logo of the reserve bank of India on the outside of a building
digital currency

India to launch state-backed 'digital rupee'

The government is also introducing a 30% tax on income from digital assets
1 Feb 2022
China selects pilot zones to take part in blockchain trials
Blocks organised in several lines to represent blockchain technology
blockchain

China selects pilot zones to take part in blockchain trials

The initiative will involve 164 entities including hospitals, universities and companies
31 Jan 2022
Industry working group aims to standardize blockchain 'Identity of Things'
Abstract image showing a cube with a finger print on top, connected to other cubes, to symbolise identity and access management
blockchain

Industry working group aims to standardize blockchain 'Identity of Things'

Universal standards for blockchain-based identities aims to help promote interoperability and communication between IoT devices
15 Dec 2021
Google files lawsuit against Russian botnet operators
Image of small robots connected to represent a botnet
hacking

Google files lawsuit against Russian botnet operators

The Glupteba botnet infected approximately one million Windows machines to steal data and mine cryptocurrencies
8 Dec 2021
BitMart suspends withdrawals following hack
An image of cryptocurrency stock markets on a screen
cryptocurrencies

BitMart suspends withdrawals following hack

Hackers managed to get away with at least $150 million (£113 million) in cryptocurrencies
6 Dec 2021
Could using blockchain kill your green credentials?
Blocks organised in several lines to represent blockchain technology
blockchain

Could using blockchain kill your green credentials?

With Bitcoin transactions consuming enough energy to fuel a small country, can blockchain technology ever be considered environmentally friendly?
1 Dec 2021
Citigroup to create 100 blockchain and cryptocurrency roles
Citi EMEA headquarters building at Canary Wharf
cryptocurrencies

Citigroup to create 100 blockchain and cryptocurrency roles

The new positions are expected to be filled by the end of 2022
23 Nov 2021