Several Cloud Storage Crypto Assets Are Set To Go Parabolic, Says Trader Elliot Wainman

Cryptocurrency trader Elliot Wainman believes the native tokens of decentralized storage network protocols are set to go parabolic.

Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report

Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud.

MicroStrategy Stock Spikes Following Another Big Bet on Bitcoin

The cloud software firm has put another $15 million into Bitcoin.

Filecoin [FIL] has these factors to thank for its top-10 push

With more than $12 billion in market capitalization, the cloud-based storage system Protocol Labs’ native crypto Filecoin [FIL] grew by 134.0% in the last seven days to briefly become the 10th large The post Filecoin [FIL] has these factors to thank for its top-10 push appeared first on AMBCrypto.

CERE Network Introduces Public Sale After Two Years In Development And 80x Oversubscribed Private Round

[PRESS RELEASE – Please Read Disclaimer] MARCH 31, 2021, San Francisco, CA – Cere Network (Cere), the first Decentralized Data Cloud (DDC) platform, today announced their public sale on April 8 on Republic, DAO Maker, and Polkastarter.

Bluzelle to Partner with Cere Network on Providing Decentralized Databases to Cere’s Ecosystem

[PRESS RELEASE] Cere Network, The Decentralized Data and Finance Cloud, is focusing on delivering the best experience for enterprise customer data integrations and collaborations over the blockchain.

Metaco partners with IBM for secure digital asset orchestration system

Metaco will use IBM Cloud to provide robust security-critical technology for institutional investors entering the digital asset space. Digital asset security infrastructure outfit Metaco has partnered with tech conglomerate IBM to utilize the latter’s cloud platform for enterprise-grade digital asset custody solutions. According to a press statement issued on Thursday, Metaco will leverage IBM Cloud and IBM Cloud Hyper Protect Services for its digital asset orchestration system. The goal of the partnership is to provide adequate digital asset custodial services for banks and other highly regulated financial services firms looking to participate in the digital asset ecosystem across use cases like tokenization, custody, and transaction management among others. As part of the announcement, Metaco will reportedly utilize IBM’s confidential computing and “Keep Your Own Key”, or KYOK, encryption to ensure that the firm’s clients retain sole access to their private keys.

Another Purchase: MicroStrategy $15 Million Worth of Bitcoin

The NASDAQ-listed cloud technology provider, MicroStrategy, continues with its DCA strategy by purchasing 262 more bitcoins worth $15 million.  

Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges Surmounted

Through the novel use of hardware security modules in conjunction with a communication module, a collaboration between Bluzelle and Equinix will significantly reduce the barriers preventing the equal distribution of opportunities for potential proof-of-stake (PoS) node validators.

How Oracle Not Buying BTC Is Still Bullish For Bitcoin

The most recent run-up in Bitcoin price was a front running of any potential corporate BTC buy revealed by cloud services company Oracle during its quarterly earnings call yesterday.

Partly cloudy: How blockchain can become a force of nature

Making blockchain a cloud-native concept may lead to the next leap in trustworthy applications for real people. On Jan.

HashMax Ltd. launches cloud mining services with lifetime duration

Mining cryptocurrencies provides a low-risk investment opportunity in the crypto-market, rewarding investors with long-term passive incomes.

Earn passive income: cloud mining with Xminer

Mining cryptocurrencies is one of the best ways to make money in the cryptocurrency industry.

BitLaunch: Enhancing Privacy With Crypto VPS Services

[Featured Content] Cloud services have emerged as a much-needed solution by companies and individuals around the world.

The NFT and Decentralized Cloud Mining Power Market of DMEX

[PRESS RELEASE – Please Read Disclaimer] DMEX stands for Decentralized Mining Exchange.

Google Cloud Seeks Blockchain Expert for China Division

Google Cloud is hiring a manager for its team to sell enterprise accounts to C-level executives.

Crust Network Launches Crust Storage Market, Decentralized Cloud Service Built on Polkadot

PRESS RELEASE. One of the star projects of the emerging Polkadot ecosystem, Crust Network, recently completed a several million dollar Series A financing round in September, with investors including NGC Ventures, SNZ, HashCIB, DFG, KNS Group and AU21 Capital.

Cere Network: PolkaDot's First Data Cloud Platform Raises Funds for Launch

Binance-backed Cere Network raises a $1.5 million strategic round to build the first decentralized data cloud platform on PolkaDot.

Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security

Crypto.com will now leverage Amazon Web Services, Inc (AWS) cloud provider to provide enhanced scalability and security for its 5 million users, (Read More)

Genesis Mining Uses Excess Bitcoin Energy to Heat Greenhouses

Cloud mining company Genesis Mining aims to help Sweden’s government become more self-sufficient.

Introducing SINOVATE: The Future of Decentralized Cloud Storage

PRESS RELEASE. Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN).

Introducing SINOVATE: The Future of Decentralized Cloud Storage

Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN).

Akash Network, the World’s First Decentralized Cloud Computing Marketplace for DeFi, to List on BitMart

[PRESS RELEASE – Please See Disclaimer] BitMart, a premier global digital asset trading platform, will list DeCloud for DeFi token Akash (AKT) on December 6, 2020.

Better than DeFi: SINOVATE’s New Infinity Nodes Provide Up to 130% Returns

SINOVATE’s Incorruptible Data Storage (IDS) dCloud network is providing game-changing decentralised cloud storage to the market – and to do that, the network needs reliable, distributed hardware and dedicated servers which will provide it with the stability and longevity needed to run this ground-breaking service.

ViaBTC launches new cloud mining service with BTC and ETH contracts available

ViaBTC, the world-leading cryptocurrency mining pool, today launches a new cloud mining service.

Coinbase, Others Go Down as Amazon Web Services Outage Takes Down Swath of Internet

Leading cryptocurrency exchange Coinbase and thousands of other platforms on the internet reported recurring interrupted service and pointed the finger at cloud provider Amazon Web Services, which experienced an outage.

Blockchain Infrastructure Firm BSN Adds Polkadot, Oasis, Bityuan to Network

China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network.

What Are Blockchain SoC2 Auditing Services and Does Your Business Need One?

With the widespread adoption of software as a service(SaaS) and cloud applications, the need for third-party assurance for such systems and outsourced functions has increased.

TradeSanta Review: Automated Crypto Arbitrage Trading Tools

TradeSanta is a cloud cryptocurrency trading software that can be connected to your exchange of choice to automate and execute your trading strategies.

Bigger Than Netflix? Filecoin Hits 1 Exabyte of Storage

The decentralized blockchain storage network wants to take on centralized cloud storage.

Dell-owned VMware launches enterprise-focused blockchain

VMware, a Dell subsidiary that brought in $10B in revenue last year, has launched its enterprise-focused blockchain platform. Major cloud computing and virtual machine firm VMware has launched VMware Blockchain, an enterprise-ready blockchain platform. The billion-dollar company, owned by Dell, first teased the blockchain’s development in 2018, through its Project Concord, promising an enterprise-grade platform that can enable secure inter-organization data sharing. VMware joins the ranks of IBM and other global tech conglomerates that have launched their own blockchain platforms.

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.

Microsoft Boosting Little-Known Crypto Project to Accelerate Adoption

Microsoft just selected the NOIA Network for its “FastTrack” program, setting up the little-known crypto project to be added to the tech giant’s cloud marketplace.

Binance Cloud now includes DeFi enterprise solutions

Binance's all-in-one enterprise solution for launching digital asset exchanges, Binance Cloud is expanding services to include perpetual futures, DeFi enterprise solutions, and third-party payment sol The post Binance Cloud now includes DeFi enterprise solutions appeared first on AMBCrypto.

Mitsubishi UFJ to Launch Blockchain-powered Payment Platform in 2021

Japanese financial giant the Mitsubishi UFJ Financial Group (MUFG) aims to launch a blockchain technology-based payment service in spring 2021, along with American cloud and network firm Akamai Technologies. Akamai is based in Cambridge, Massachusetts, and, per Nikkei, the new platform will provide “high-speed, large-capacity services” and serve a number of financial

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities

Tech giant IBM has teamed up with R3, an enterprise software company, to boost the hybrid cloud with blockchain capabilities.

ConsenSys and Protocol Labs team up to integrate Filecoin into Ethereum's dev tools

Filecoin’s devs, miners, and even users will have a chance to access ConsenSys' Ethereum-native tools Blockchain firm ConsenSys has made official a collaboration with open-source software laboratory Protocol Labs to integrate Filecoin’s marketplace for data storage with ConsenSys’ Ethereum product stack. According to the announcement, Filecoin’s miners, developers, and users of the network will be able to access ConsenSys' development tools like Infura, MetaMask and others to integrate with Ethereum’s decentralized finance ecosystem. On October 15th, at block 148,888, the Filecoin network launched its public mainnet, featuring a capacity of more than 600 Petabytes of data, as well as 600 active data miners, and 230 projects interacting with the storage protocol. Given these figures, James Beck, global public relations lead at ConsenSys, told Cointelegraph that Ethereum dApps and projects can become “more fully decentralized by storing relevant data on Filecoin rather than relying on a centralized cloud service.” Beck commented on why this integration is critical for Filecoin: “Applications on Ethereum need a decentralized data storage solution, which is why integrations with Infura and MetaMask are critical to enable easy-use for developers to integrate Filecoin/IPFS with Ethereum.

Decentralized Data Storage’s Only Competition Is the Public Cloud

Ben Golub, CEO of Storj, sends a complimentary note to Filecoin.

Airbnb For Data, Filecoin, Begins Space Wars With Google Cloud

Decentralized storage network Filecoin launches its long-awaited mainnet today, creating a reason to look back at what it is and why it's relevant. Filecoin is one of the top initial coin offerings (ICOs) of 2017.

Xunlei's stock slips after former CEO is accused of 'cryptocurrency speculation'

Xunlei, a $220M-worth Nasdaq-listed cloud computing and blockchain company based in China, is at the center of a controversy after the company announced that its former CEO, Chen Lei, was under police The post Xunlei's stock slips after former CEO is accused of 'cryptocurrency speculation' appeared first on AMBCrypto.

“Ichimoku Cloud” Hints Bitcoin is Finally Recovering From a Crucial Area

The Ichimoku Cloud is a momentum indicator often used in technical analysis to gauge an asset’s trend.

Apple Demands that Telegram Block Channels Officiated by Belarus Protestors

Apple tech giant has told cloud-based messaging service Telegram to shut down three channels related to the Belarus political protests.

70% of Ethereum Nodes Are Hosted on Centralized Services

Bitcoin figurehead Anthony Pompliano pointed out popular apps on Ethereum run on centralized cloud service providers—stirring a heated debate.

Google Cloud bets on EOS blockchain, venturing further into crypto

Major cloud service providers are showing increased interest in joining blockchain networks.

Google Cloud Does Not Intend to Take EOS Rewards as a Block Producer

Following news of yesterday's partnership with Block.one, Google Cloud says it is not getting into EOS for the tokens.

EOS Price Gained 17% as Google Cloud Joins The Blockchain Community

According to Block.One, Google Cloud May Become the next EOS BP.

Google Cloud joins EOS blockhain community

They've also brought in a Goldman Sachs veteran to lead Block One's advisory board. Google Cloud has joined the EOS blockchain community with the intent of becoming a block producer.

Google Cloud Joins EOS Blockchain Network as a Block Producer Candidate

Google Cloud will join the EOS community and has begun the process of becoming a block producer candidate for Block.one’s EOS public blockchain network.

IBM and Bank of Thailand Launch World’s First Government Savings Bond on Blockchain

The Bank of Thailand, the nation's central bank, has issued $1.6 billion worth of government savings bonds on the world's first blockchain-based platform on IBM Cloud.

IBM executive says blockchain becoming a useful ‘real business tool’

IBM Blockchain’s general manager explains the changing role of blockchain and how it will be applied to IBM’s hybrid cloud solution. It was just a few years ago that enterprises began showing interest in using blockchain as a technology to bring trust, transparency and better collaboration to multiple entities sharing sensitive business data.

RSK announces enterprise spin-off to focus on blockchain integration tools

IOVLabs believes the missing link is the developer-friendliness, not the type of blockchain. A new enterprise initiative launched by IOVLabs, the company behind the RSK Bitcoin sidechain, seeks to simplify blockchain development for governments and enterprises. The joint venture, called Extrimian, was established with Argentinian software provider Grupo Sabra to create the RSK Enterprise Cloud platform.

Weekly Cloud Indicator: XRP May Rain Down Pain On Ripple Investors

Weeks ago, XRP outperformed the rest of the market, surprising Ripple investors and other crypto holders alike.

SEC vs. Telegram: Part 1 — Key takeaways for now

The legal battle between the US SEC and Telegram could be a strong warning against the SAFT process. Telegram is a popular, global, cloud-based instant messaging, videotelephone and voice-over service company.

A cloud company announces the listing of its coin on Bittrex

The listing will make blockchain ownership more decentralized. Beowulf Blockchain, a decentralized cloud network for communication services, has announced the listing of its coin, BWF, on the Bittrex exchange. Headquartered in Silicon Valley, the company stated that its coin would be available on Bittrex starting Sept.

Dash is evolving into a decentralized cloud cryptocurrency

Dash is transitioning into a decentralized cloud cryptocurrency by releasing a platform that supports blockchain-verified user data storage and a decentralized API. Payments-focused cryptocurrency Dash is starting to release insights into its new platform, which enables data to be stored within the network in the form of decentralized cloud service. The forthcoming Dash Platform has been developed from longstanding ideas to evolve the cryptocurrency’s functionalities — dating back to the announcement of “Dash Evolution” back in 2015. Dash Platform will incorporate four features: a Dash Drive, a decentralized API, or DAPI, a username layer, or DPNS, and the Dash platform protocol, or DPP. Speaking to Cointelegraph, Mark Mason outlined what exactly the company means by “turning Dash into a decentralized cloud.” In Mason’s words, “Dash Platform is an application development platform that leverages the Dash masternode network and blockchain by transforming the p2p network into a decentralized cloud.” Clients will be able to integrate their applications to the Dash Platform by using the distributed, decentralized application programming interface —  the DAPI.

Huawei Cloud’s blockchain service just got its first major update in two years

They’re entering the enterprise blockchain arena as part of a push towards empowering commercial applications. Huawei announced an update for it’s blockchain-based cloud service, known as Blockchain Service 2.0, or BCS 2.0, during a recent industry summit.

Philippines SEC warns of 'cloud mining' Ponzi related to Bitcoin Vault

The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment. The Philippines SEC has released an official warning about Bitcoin (BTC) “cloud mining” company Mining City, advising the public to steer clear of the scheme and others like it.

China’s Blockchain Service Network integrates three more public chains

China’s BSN is moving forward with its plans. China’s Blockchain-based Service Network (BSN), a cross-cloud, cross-portal, and cross-framework global public infrastructure network, is adding three more well-known public blockchains into its ecosystem.  He Yifan, CEO of Red Date Technology, the private company behind the BSN, told Cointelegraph that the network is at its second stage of integrating more public chains.

Most Cloud Server Attacks Seek to Mine Cryptocurrency: Report

Precious cloud infrastructure resources are being exploited to mine cryptocurrency—with more sophisticated evasion techniques in tow.

Many cloud servers are still at high risk of being hijacked for crypto mining

Is cryptojacking still an underrated threat? According to a study published by cybersecurity firm, Aqua Security, cloud servers remain a major target for cryptojacking — a type of attack whose main motivation is to mine cryptocurrencies. The “2020 Cloud Native Threat Report” states that between the second half of 2019 and the first half of 2020, attacks of this nature surged by 250%.

Most Attacks on Cybersecurity Firm’s Decoy Servers Aimed at Mining Crypto: Report

An analysis of 16,371 cyberattacks on Aqua Security "honeypot" cloud servers found the majority of hackers involved mining crypto.

ETC Labs collaborates with Storj’s ‘Tardigrade’ cloud service

Ethereum Classic Labs today announced a collaboration with cloud software solutions provider Storj Labs’s to increase the syncing performance of an Ethereum Classic node in a trustless manner using The post ETC Labs collaborates with Storj’s ‘Tardigrade’ cloud service appeared first on AMBCrypto.

Swisscom Blockchain Wins Grant From Web3 to Help Toughen Polkadot’s Proof-of-Stake Network

Swisscom Blockchain was awarded the grant to build a cloud-based protection layer for stakers on the Ethereum-based Polkadot network.

Sia Once Blasted Ethereum for Foundation. Now It Wants One

The decentralized cloud storage network thinks creating Sia Foundation can bring more attention to the network.

XRP’s 30% Decline Falls To Bottom Of Cloud, Stormy Days Ahead If Support Fails

XRP, like other major crypto assets Bitcoin and Ethereum, suffered a powerful collapse this week that turned sentiment from extreme greed to fear in a snap.

Blockchain platform commercializes digital bank guarantees in Australia

Australia gets more blockchain projects. The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac and a group of 20 Australian businesses.  Banks are expected to issue bank guarantees in just one day once they implement Lygon compared to the current paper-based guarantees that can take a month.

Binance and Oasis Labs launch intelligence sharing platform for exchanges

Binance and Oasis Labs are building a platform to facilitate threat intelligence sharing among exchanges. The world’s largest cryptocurrency exchange, Binance, has teamed up with privacy-centric blockchain-powered cloud computing developers Oasis Labs to fight fraud in the crypto sector. Oasis was announced as the inaugural member and primary infrastructure provider for the Binance-led CryptoSafe Alliance on August 27. Oasis Labs’ “confidential smart contracts” will be utilized in building the decentralized CryptoSafe Platform which is designed to share threat intelligence data among crypto exchanges.

New crypto analytics app promises to make trading more mature

The project also wants to give traders access to better information. A new cloud-based platform called altFins is releasing a crypto analytics app that will allow investors and active crypto traders to screen, analyze, and trade altcoins across a multitude of exchanges. According to data from on-chain analytics firm Glassnode, daily demand for Bitcoin is higher today than anytime since 2017.

Bitcoin Holds Above The Clouds As Bulls Prepare For Heavenly Monthly Close

Bitcoin’s powerful 2020 rally may have taken a short pause, but the cryptocurrency holding strong above the one-month Ichimoku cloud could be a sign that more upside is coming soon.

Huawei Builds Blockchain Platform So Beijing Govt Can Better Manage People’s Data

Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data ranging from medical records, real estate registration and real time parking updates.

Huawei and Beijing jointly develop municipal blockchain directory

Beijing’s municipal government has ambitious plan for smart city infrastructure based on the Huawei Cloud Blockchain. Huawei and Beijing’s municipal government have jointly developed a blockchain directory for use across urban governance. According to an official report published on Aug.

Huawei and Beijing work together on blockchain governance platform

Huawei Cloud is co-creating a blockchain-based data sharing platform with the Beijing municipal government.

Huawei Working with Beijing on Blockchain Governance Platform

Chinese tech giant Huawei may be under fire from governments in the United States and Europe, but appears to be pursuing new, blockchain-powered business avenues in its home country. Per Jintai News, the firm’s Huawei Cloud arm has joined forces with the Beijing Municipal Government to co-create a blockchain-based, data-sharing public directory system. The tech giant

China’s Blockchain Service Network to launch stablecoin support in 2021

China’s national blockchain project BSN could be the best fit for the digital yuan. China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin support in 2021. Yifan He, CEO of Red Date Technology, a major tech company involved in the BSN development, told Cointelegraph that the project will soon start integrating stablecoins. Piloted in late 2019, China’s BSN is a state-backed initiative that intends to support medium-sized businesses in building and deploying blockchain applications.  The exec explained that stablecoins will be used as payment for various services on the BSN ecosystem, including cloud resources.

Blockchain Privacy Firm HOPR Releases Mixnet Hardware Node for Ethereum

HOPR Hardware Nodes validate transactions on the Ethereum blockchain – without any reliance on cloud servers controlled by Amazon and Alibaba.

Bitcoin Mining Firm Layer1 Accused of Copyright Infringement

Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement. United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas. According to a complaint filed on Aug.

Hackers Have Been Using Dogecoin to Deploy Malware for 6 Months & No One Noticed

Researchers at Intezer discovered a new malware that relies on the Dogecoin blockchain network to deploy the attack against cloud servers. A new study indicates that hackers are actively relying on the Dogecoin (DOGE) blockchain to expand a malware payload named “Doki.” According to cybersecurity researchers at Intezer, Doki is a fully undetected backdoor that abuses the Dogecoin blockchain “in a unique way” in order to generate its C2 domain address and breach cloud servers.

Report: Cryptojacking Attacks in Mexico On The Rise

Well-known cloud service providers cannot stop hackers to initiate cryptojacking attacks on Mexican organizations.

BTC.top Launches ‘Joint Mining’ Platform, Pitching It as a Cloud Mining Killer

The Chinese mining pool is offering an alternative to cloud mining, charging fees only after their equipment starts to pay for itself. China-based mining pool Btc.top wants to upgrade the concept of cloud mining, which allows users to mine crypto remotely by buying a certain amount of hash power from a third-party, with what it calls “joint mining.” Announced on July 25, the company’s new “joint mining” subsidiary B.top aims to reduce the risks associated with “popular cloud mining products” by offering more flexibility. Specifically, B.top claims to charge service and maintenance fees to its users only after they have reached the break-even point, meaning that its customers start to share profits when their revenue is equal to the cost they initially paid to purchase the equipment.

Dfinity’s Internet Computer Could Be a Truly Decentralized Alternative

The blockchain and smart contracts you interact with may be decentralized, but the cloud services often used to access them aren’t.

Cryptojacking and Ransomware Cases Grow in Mexico

Mexican media report on a new study that reveals a lack of trust from locals towards public cloud network security as cryptojacking cases rise. Mexican users of public cloud networks report a surge in cryptojacking and ransomeware attacks in recent months. According to El Economista, almost three quarters of Mexican companies that use cloud networks including Amazon, Google and Microsoft, report security incidents resulting in negative perceptions by citizens.

Robinhood, Under Cloud After User’s Suicide, Scraps UK Launch

Stocks, ETFs and crypto investment platform Robinhood told prospective UK customers the launch in the country has been indefinitely postponed.

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.

China Adds a New City to Their Fintech Pilot Initiative

China’s central bank adds a new city to its fintech innovation supervision pilot. The People's Bank of China has officially added Chengdu, the capital of China's Sichuan province, to the list of regions carrying out fintech innovation supervision pilots, according to local news on July 20. Industry insiders believe that Chengdu's official approval will further accelerate fintech innovation and actively help Chengdu build a regional fintech center with international influence. The city is reportedly focusing on big data, artificial intelligence, cloud computing, and blockchain technologies.

Bitcoin Price Holds Again Over Weekly Cloud, But There’s A Shocking Twist

Bitcoin price may be trading sideways, but it continues to hold above a key level that in the past led to over 5,000% returns.

Blockchain-Free CloudCoin Claims Secure Email-to-Email Transactions

A new digital currency called CloudCoin sets out to address some of the main issues with the current batch of cryptocurrencies by removing the blockchain technology. CloudCoin announced the launch of its cloud-based digital currency July 15.

US Army Seeks a Cloud-Based Solution to Track Illicit Crypto Activities

The US Army Criminal Investigation Division Command plans to use a web application to track and trace cryptocurrency transitions. The United States Army Criminal Investigation Division Command (USACIDC) is seeking a Software-as-as-Service web application to help them track and trace illicit cryptocurrency transactions. According to a statement of work published on July 10, the USACIDC along with the Major Cybercrime Unit and FBI will use the application to detect activities such as fraud, extortion and money laundering carried out using cryptocurrencies.  The organization is taking bids for developed, tested and read-to-deploy web applications for the purpose till July 20.  The application must allow multi-currency analysis As per the USACIDC — an arm of the US Army that conducts criminal investigations worldwide — the web application they are seeking must be able to analyze Bitcoin (BTC) and other major cryptocurrencies in real-time while also enabling users to “conduct an in-depth investigation into the source of cryptocurrency transactions.” The document further explains that the cloud application should help the USACIDC with quick detection of “criminal and suspicious financial connections, identify suspicious cryptocurrency transactions, and investigate cryptocurrency connections.” The application should also come with the ability to spot suspicious transaction patterns and interactions with other entities, and a link analysis tool to facilitate the analysis of data. Last year, in July, the United States Army Contracting Command of New Jersey published a pre-solicitation notice seeking a similar web application to help law enforcement agencies to track and identify people using cryptocurrencies for illegal purposes.

The US Secret Service Issues Ransomware Warning

The US Secret Service issued a security alert about ransomware attacks. The US Secret Service issued a warning about an increase in hacks targeting managed service providers, or MSPs, of both the US private sector and various government entities. According to a document published by ZDNet on June 7, threat actors have been widely relying on ransomware attacks, point-of-sale intrusions, and business email compromise scams to breach the internal networks of MSP customers. Remote management software under threat MSPs are service providers related to remote management software for enterprises, including file-sharing systems for internal networks, which could also be hosted inside a cloud infrastructure. US Secret Service officials issued a warning, stating in part that: “Due to the fact a single MSP can service a large number of customers, cybercriminals are specifically targeting these MSPs to conduct their attacks at scale to infect multiple companies through the same vector.” Ransomware gangs target MSPs In 2019, ransomware groups like GandCrab and REvil became known for targeting MSPs to deploy their attacks.

Dfinity Opens Platform to Outside Developers, Launches Decentralized TikTok Rival

Decentralized cloud computing startup Dfinity has announced that its "Internet Computer" is now open to third-party developers.

ConsenSys and AMD raise $20 million for blockchain cloud service

The technology could reduce the industry’s reliance on Amazon Web Services.

AMD and ConsenSys' Blockchain Data Center Venture Gets $20M of Seed Funding

AMD and ConsenSys’ W3bcloud joint venture obtained $20 million through the sale of convertible notes. The joint blockchain cloud computing venture of computing giant AMD and Ethereum-focused development firm ConsenSys has received $20.5 million in funding. According to a June 25 announcement, AMD and ConsenSys’ W3bcloud joint venture obtained the funds through the sale of convertible notes to the founding firms and several family offices in the United Arab Emirates.

AMD-Backed Blockchain Project Amassing 20K GPUs But Won’t Say Why

Following a seed funding round, AMD and Consensys-backed W3BCLOUD is tripling its GPU capacity for a range of new blockchain functions they don't want to discuss – yet.