New $150m funding round values Seychelles-based cryptocurrency exchange KuCoin at $10bn amidst soaring investment in ‘web3’ ventures
Block, Blockstream, Tesla Build ‘Green’ Bitcoin Mine
Fintech giant Block (formerly Square) works with Bitcoin infrastructure company Blockstream on Bitcoin mining facility powered by Tesla solar products
Crypto Hackers Steal $615m From Ronin Network
Largest decentralised finance hack in history? Axie Infinity’s Ronin Network admits breach and says it lost $615m in USDC and ethereum
Three quarters Of Ransomware Payments Go To Russian Hackers
Roughly 74 percent of all ransomware revenue in 2021 was sent to Russian-linked cyber-criminals, Chainalysis research has discovered
India To Launch Digital Currency In 2022
India’s central bank will launch a digital rupee in two months time, as India becomes the latest country to embrace a digital currency
Jack Dorsey Blocked On Twitter By Netscape’s Marc Andreessen
Web3 dustup. Bad blood between Twitter co-founder and Marc Andreessen over Web3 deepens, after venture capitalist blocks Dorsey on Twitter
Jack Dorsey’s Square Changes Name To Block
When a Square becomes a Block. Payments giant Square will change its corporate name to Block next week, amid blockchain focus
Facebook Cryptocurrency Executive David Marcus To Leave
Executive in charge of Meta’s cryptocurrency efforts, confirms he is leaving after seven years at the social networking giant
Artist Creates ‘Piracy’ Site For NFTs
Australian programmer creates ‘piracy’ website for NFTs in order to allow ‘future generations can study this generation’s tulip mania’
Poly Network Hacker Returns All Stolen Tokens, Offered Job
Hacker who stole $610m worth of digital tokens has returned it all, and has been offered a job as ‘Chief Security Advisor’
Poly Network Hackers Return $258m, After Huge Cryptocurrency Heist
That still leaves $353m unaccounted for. Hackers return $258m to Poly Network, after stealing $611m worth of digital tokens
Crypto Exchange Start-Up Bullish Sets Market Debut
Cryptocurrency market start-up Bullish plans $9bn market debut through merger with Far Peak Acquisition, headed by former NYSE president Tom Farley
Tim Berners-Lee’s NFT Source Code Sells For $5.4m
Auction of an NFT of Tim Berners-Lee’s original source code for the World Wide Web sells for $5.4 million at Sotheby’s this week
Sir Tim Berners-Lee To Auction Web Source Code As NFT
Sir Tim Berners-Lee is to auction off the original source code for World Wide Web as a NFT later this month, to raise funds for good causes
New York Times Column Sells For Over £400,000
New York Times column in the form of a nonfungible token sells for over £400,000 at auction in latest sign of popularity of NFT craze
Jack Dorsey’s First Tweet Sells For £2m
Twitter chief executive Jack Dorsey sells first tweet as non-fungible token for £2m as digital art and collectibles grow in popularity
Renault Rolls Out Blockchain-Based System For Auto Industry Compliance
Renault’s XCEED system uses Hyperledger Fabric blockchain technology to create neutral compliance-tracking platform for auto components
Facebook Rethinks Libra Digital Currency Plans – Report
Resistance from regulators around the world prompts Facebook to ‘rethink’ its plan for its Libra digital currency, it is reported
FinTech Part 1: A New Payments and Banking Landscape
As one of the fastest-growing sectors, FinTech is building technologies and services that will touch every consumer and business. In this new series, Silicon UK explores the current state of FinTech and asks why companies need to pay close attention to this transforming sector.
Cryptocurrency Attendees Should Avoid North Korean Conference, Warns UN
Experts at the United Nations (UN) warn attendees of upcoming cryptocurrency conference in North Korea they could be cited for sanctions busting
The Promise of the Blockchain
The blockchain could become one of the most disruptive technologies ever created. However, with sluggish uptake, what is preventing the blockchain from fulfilling its promise, and how can enterprises leverage the blockchain to deliver tangible change across their organizations?
Facebook To Face Senate Scrutiny Over Libra Digital Currency
Authorities react to Facebook’s digital currency, as US Senate Banking Committee sets up to scrutinise it
LVMH Debuts Blockchain-Based Product Tracking
The Aura system is designed on a consortium model, allowing any luxury firm to use it to provide tracking services to users
Microsoft Previews Blockchain-Based Decentralised ID System
The ION network would use Bitcoin’s blockchain for identity assurance, while creating a secondary network to vastly speed up processing chores
Build 2019: Microsoft Releases Managed Business Blockchain Service
Azure Blockchain Services is integrated with Azure and with Microsoft’s developer tools
Microsoft Offers Azure Tools, Services For AI, Blockchain
New offerings to make it easier for businesses to utilise artificial intelligence and blockchain
IBM Brings Blockchain To Australia, Pilots Water Conservation Project
The company offers its blockchain via Melbourne data center and tests the use of blockchain and IoT sensors in groundwater conservation
US Health Insurers To Work With IBM On Blockchain Trials
The planned blockchain-based network could be used to slash costs around claims processing, payments and maintaining provider directories
UK’s 2018 Tech Sector Venture Investment Shows Sharp Drop
Venture capital investment in London tech companies was down 29 percent on the previous year, but was still nearly double that of Berlin, its nearest rival
China Tightens Grip On Blockchain-Based Services
Users of blockchain-based information services will have to register their real names and identity numbers in latest crackdown – even as Hong Kong moves to attract virtual asset traders
IMF Suggests Governments Set Up Own Cryptocurrencies
Fintech fantasy? Nation states should build their own digital currency to prevent its use by money launders and fraudsters
Budget 2018: Tech Industry Reactions
Reaction to chancellor’s proposed digital tax, extra funding for industrial strategy, full fibre connectivity, and cyber defence
Oracle Goes Live With Cloud Blockchain Platform
The Blockchain Cloud Service is already in use for tracking international shipments, keeping tamper-proof records and simplifying funds transfers
Microsoft Rolls Out Juggernaut Blockchain Payments System For Gaming Industry
The new blockchain-based offering, backed by services giant EY, is expected to turn into one of the world’s biggest enterprise blockchain deployments
Swiss ‘Crypto Valley’ Tests Blockchain-Based Voting
The city of Zug is to hold a small-scale test referendum using its blockchain-based electronic ID system
AI, Cloud And Blockchain ‘Creating New Risks’ For Banks
Financial organisations must work with authorities to revamp banking regulations, study finds
Oracle Promises Arrival Of More Blockchain Products
May will see arrival of more Oracle products utilising Blockchain digital-ledger tech
Russia Out To ‘Own’ Blockchain As Competition Intensifies
‘Blockchain will belong to the Russians,’ a Russian spy reportedly tells standards delegates
IT Life: Tim Thurman, Paysafe Group
Paysafe chief digital officer Tim Thurman talks about blockchain, the Internet of Things and why he loves cooking
EU Proposes Cross-Border Crowdfunding Regime In Fintech Push
The plan would create a single regulatory scheme across Europe for crowdfunding platforms, as the EU prepares for Brexit
Banks Trade £22m Using Blockchain Platform
Sign of the future? Two banks have successfully completed a securities lending transaction using blockchain
Identity In the Blockchain Era: How We Get There
Okta’s Frederic Kerrest explains the potential of Blockchain for identity services and the obstacles that must be overcome
IBM, Maersk Target Global Trade With Blockchain Joint Venture
No more mountains of paperwork? Global supply chain to be bolstered by blockchain joint venture
Blockchain Expert Released By Kidnappers After Ransom Paid
Russian-born Pavel Lerner, a well-known cryptocurrency investor and entrepreneur, was kidnapped in Kiev on Boxing Day and has since been released
Blockchain Clearing System Adopted By Australian Stock Exchange
Blockchain down under, as Australia becomes first global market to adopt it for stock exchange
Government Urged To Launch Blockchain-Based ID Assurance Overhaul
Blockchain could be used to give citizens control over how their identity information is shared with public services, argues the Reform think tank
MIT Helping To Define New Model To Restore Trust In Cyber-Security
At the SecTor security conference, an MIT futurist details an open-source effort that aims to restore trust and improve data privacy for cyber-security
Oracle Unleashes Cloud Blockchain Service And New AI Apps & Tools
ORACLE OPENWORLD: Oracle CEO Mark Hurd doubles down on cloud with enterprise Blockchain platform, AI applications and AI developer too
Microsoft CEO Satya Nadella: Returning To Our Roots Has Given Us Purpose
IN-DEPTH: Satya Nadella talks about his first three years as Microsoft CEO, leadership, technology and cricket
IBM Cloud-Based Blockchain System Targets Food Safety
IBM has rolled out an enterprise-ready blockchain offering, as well as collaborations aimed at developing blockchain for food safety and automated billing
Microsoft Coco Framework Promises Speedy Blockchain Service
Open source framework to help firms handling thousands of transactions per second in a secure manner
Bitcoin Cash ‘Fork’ Causes Uncertainty For Cryptocurrency Community
A group of Bitcoin infrastructure providers are set to split the cryptocurrency into two incompatible versions on Tuesday
IBM Q2 Results Disappoint As Cloud Sales Decline
Sales at IBM fall for the 21st quarter, as heavy investments in AI and cloud fails to make good on legacy decline
London Stock Exchange Group Partners With IBM For Blockchain Trading Project
The platform will give regulators and investors greater insight into company data
Researchers Propose ‘Lelantos’ Blockchain-Based Anonymous Parcel Deliveries
The Lelantos scheme, inspired by blockchain and Tor, would allow goods to be ordered and delivered without revealing the recipient’s identity
European Banks Choose IBM Blockchain For Trade Finance System
Blockchain growth in banking sector continues after seven major European banks sign deal with IBM
Accenture, Microsoft Collaborate On Blockchain-Based ID For Refugees
The two companies demonstrated a prototype that could help provide officially recognised identification for 7 million refugees worldwide
IBM And AIG Build Blockchain Insurance Policy For London Bank
IBM-built Blockchain project completed to tackle complex insurance policies for London bank
Spain’s Biggest Banks Back Red Lyra Blockchain Initiative
Companies will be able to use the network to securely validate services and identities
IBM Accelerator Program To Help Drive Business Adoption Of Blockchain
Scheme to help kickstart adoption of blockchain by enterprises will provide both practical advice and technical assistance