Home > Computing

Singaporean Man Stole Identities and Cloud Computing Power to Mine Cryptocurrencies

The US Justice Department has indicted a Singaporean man for impersonating various business personalities, faking the identity of video game developers and exploiting Google Cloud and Amazon Web Services (AWS) in order to mine cryptocurrencies including Bitcoin(BTC)trade, Litecoin (LTC)trade and Ethereum (ETH)trade.It is not the first time that crypto fraudsters

Read More

US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power

The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining.According to the indictment initially filed on Oct. 1, Ho Jun Jia was charged with eight counts of wire fraud, four counts of

Read More

Computing Legend Steve Wozniak To Launch Blockchain Energy Project – EFFORCE

In the coming months, a team of visionaries, including Apple’s co-founder Steve Wozniak, is about to launch EFFORCE – a revolutionary blockchain platform that aims at increasing energy efficiency by allowing everybody to participate in and benefit from worldwide energy efficiency projects. advertisement Co-founder Steve Wozniak said: “In the last 10 years, energy

Read More

Quantum Computing Vs. Blockchain: Impact on Cryptography

The major selling point of blockchain and its applications is that cryptographically secured distributed ledgers are virtually “unbreakable” under normal circumstances, given the current state of computational technology. Its validity, however, is heavily dependent on the “state of technology” assumption. Should a paradigmatic shift in computing occur, contemporary blockchain-based

Read More

Two Investment Firms Launch ETF Tracking Cloud Computing and Blockchain Companies

United States-based Investment management firm AdvisorShares and investments advisory company Sabretooth Advisors will jointly launch an exchange-traded fund (ETF) that tracks tech companies, including those involved with blockchain and cloud computing, MarketWatch reported on Feb. 6.ETFs are marketable securities that track a basket of assets proportionately represented in the fund’s

Read More

Public Gets Chance to Earn Block Rewards by Donating Computing Power to Scientific Research

A startup has unveiled bold plans to tackle the excessive levels of energy consumption seen in cryptocurrency mining, all while giving everyday computer users more of a chance to receive block rewards.Resistance argues that proof-of-work mining “has been hijacked by huge mining farms using tons of energy to take control

Read More

ConsenSys and AMD to Jointly Develop Blockchain-Based Cloud Computing Infrastructure

Blockchain software company ConsenSys, semiconductor producer AMD, and Abu-Dhabi-based investment management firm Halo Holdings are jointly working on a blockchain-based cloud computing infrastructure. ConsenSys announced the collaboration in a press release published on Jan. 4.Per the release, the companies have partnered to create the so called W3BCLOUD aimed at the

Read More

Cloud Computing Platform Releases New Solution For Data Protection

On Nov. 1, 2018, iExec, a decentralized marketplace for computing power based in Lyon, France, released its end-to-end trusted execution environment. The developers of iExec describe the technology as “the first Intel SGX scalable solution for businesses to achieve privacy and security in blockchain-based computing.”What is Intel SGX?Intel SGX, or

Read More

Baidu and TRON to Cooperate on Cloud Computing Resources

Decentralized Internet project TRON (TRX) and China's largest Internet search provider Baidu will cooperate on cloud computing resources, according to an official tweet from the TRON Foundation posted yesterday, October 17.The tweet confirms a series of unofficial reports that have been circulating since Oct. 13. The first indication that the

Read More