Category: Cloud

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Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?

Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On…
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Tencent to Offer Metaverse-Building Services for Asian Markets

Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual worlds for third-party companies. Tencent to Focus on Offering Metaverse Tools to…
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Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’

Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve.…
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Microsoft Working to Bridge Its Services With the Metaverse

Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use the data obtained as resources for their specific applications.…
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Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC

The firm, whose data centers are located in the United States, generated $40 million in sales last year. On Monday, W3BCloud, a firm building global data centers for the Web3 and blockchain sectors, announced that it was going public via a takeover by special purpose acquisition vehicle (SPAC) Social Leverage Acquisition Corp I. ‍ Social Leverage…
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Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: Report

The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.” In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency. On Wednesday, the Google team said out of…
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Bulls target $100 Filecoin (FIL) after data points to improving fundamentals

FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions. Some traders have said that Filecoin (FIL) has lost its momentum because its current price at $64 is more than 70% below its all-time high at $238. However, this decentralized data-sharing platform is showing…
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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…
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Theta Confirms Google Partnership Amid Mainnet 2.0 Rollout

Google Cloud, Binance, Blockchain Ventures, and Gumi Cryptos have been announced as Enterprise Validators for the Theta network amid its mainnet 2.0 rollout. Esports and crypto conference streaming app Theta has confirmed its rumored partnership with Google, announcing Google Cloud as an Enterprise Validator and launch partner for Theta mainnet 2.0. The Enterprise Validator Program…
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