Google Cloud Adds Crypto Mining Malware Threat Detection Service
Google’s new Virtual Machine Threat Detection (VMTD) will be able to identify threats from coin mining, data exfiltration and ransomware. Source
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Cloud
Decentralized Cloud Storage as a Response to Cybersecurity Issues
Cybersecurity trends in 2021 involve attacks at higher rates than in the past. Centralized storage solutions are prone to plenty of data protection challenges. StorX aims to introduce users to Decentralized storage solutions with blockchain. Cybersecurity had a difficult time in 2021 with high-profile breaches such as Colonial Pipeline and Solar Winds. Aside
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Google Cloud Hiring Team of Blockchain Experts: Report
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Google Cloud ramps up blockchain efforts by launching digital assets team
Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.A Thursday announcement by Yolande Piazza, Google Cloud's VP Financial Services, said the firm has established a Google Cloud digital assets team that will assist
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Cloud Miner BitFuFu Looks at US Listing Via SPAC Merger
The merged firm will have pro forma value of $1.5 billion, 4.6 times the projected 2022 revenue, according to the release. Assuming that bitcoin prices go over $45,000, BitFuFu expects 2022 revenue to hit $330 million, up from $100 million in 2021, and its net income before deductions to be
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Decentralized Cloud Service Aleph.im Raises $10M
Aleph.im, a cross-blockchain decentralized storage and computing network, has closed a $10 million funding round led by Stratos Technologies, according to a press release shared with CryptoX. The funds will go toward hiring more staff, particularly engineers, and the continued rollout of the network’s infrastructure.Aleph.im is a distributed cloud platform
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Nigeria Based Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms – Interview Bitcoin News
In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19 pandemic showed the
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What Is Cloud Mining?
There’s also a great deal of regulatory risk for cloud mining. A vast number of cloud miners used to be housed in China, for instance, since the country offered cheap electricity, and in wet seasons the industry used green energy, too. But in the spring of 2021, China cracked down
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Tencent Cloud wins bid to build Beijing blockchain platform
The Beijing Municipal Government announced the bidding results for the city’s blockchain and computing power platform. Tencent Cloud and government-tied enterprise Beijing Microchip Sensing Technology won the bid and will be paid US$37 million to build the system. Fast facts According to the bid’s quotations, Tencent Cloud will provide the cloud service
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Hackers Are Now Using Compromised Cloud Accounts To Mine Crypto
Attackers are exploiting poorly configured cloud accounts to mine crypto, Google warned users in a recent report. Cryptocurrency mining is a computationally intensive activity. And Google Cloud customers can access it at a cost. However, miners are now hacking Google Cloud accounts for mining purposes.In the report titled “Threat Horizons,” Google’s
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