Cloud services
Gate.io experiences slowdown in deposits and withdrawals due to node maintenance
Users of the crypto exchange Gate.io are facing slow deposits and withdrawals on transactions due to a node maintenance from a third-party cloud provider, according to a Dec. 18 announcement. Gate.io said that transactions are still being processed and claimed that user funds are safe. The company stated: “At this moment, we are monitoring the network connection status of our cloud service providers and will expedite the deposits and withdrawals as soon as the network connection is restored.” It is unclear if the delay in transactions is related to OKX’s outage, which was caused by a hardware failure at a Hong Kong data center of its primary infrastructure provider, Alibaba Cloud. As reported by Cointelegraph, Alibaba’s Cloud server went offline on Dec. 17 and...
OKX cites intermittent outage amid Alibaba Cloud equipment anomaly
Crypto exchange OKX witnessed service disruptions after primary infrastructure services provider Alibaba Cloud announced a hardware failure in Alibaba Cloud’s Hong Kong data center. Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 pm ET and failed to recover for over seven hours at the time of reporting. On-chain data further confirms that OKX processed no transactions during this timeline. Partial list of Alibaba Cloud’s global infrastructure. Source: Alibaba Cloud Alibaba Cloud’s website shows that the Hong Kong (China) server hosts three availability zones, which have been operational since 2014. The cloud provider confirmed the outage through an official announcement, as shown below. Alibaba Cloud’s official announcement about service disrupt...
Avalanche to power Alibaba Cloud’s infrastructure services in Asia
Alibaba Cloud, a.k.a Aliyun, a subset of Chinese e-commerce giant Alibaba, announced an integration with Avalanche blockchain to power the company’s Node-as-a-Service initiatives. Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain platform in Asia. The integration will allow Avalanche developers to use Alibaba Cloud’s plug-and-play infrastructure as a service to launch new validators. Developers expecting high resource demands during peak hours can also tap into additional resources — computing, storage, and distribution — offered by Alibaba Cloud. APAC’s largest cloud service provider, Alibaba Cloud, has expanded support for #Avalanche! This integration enables develope...
Hetzner anti-crypto policies: A wake-up call for Ethereum’s future
Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its stance against allowing mining operations for both proof-of-stake (PoS) and proof-of-work (PoW) applications. Hetzner, a private, centralized cloud provider, stepped in on a discussion around running blockchain nodes, highlighting its terms of services that prohibit customers from using the services for crypto activities. However, the Ethereum community perceived the revelation as a threat to the ecosystem as Hetzner’s cloud services host nearly 16% of the Ethereum nodes, as shown below. Ethereum Mainnet Statistics. Source: ethernodes.org In crypto, the reliance on centralized service providers has been historically perceived...
Commvault & Oracle Join Forces to Deliver DMaaS on Oracle Cloud Infrastructure
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3 Ways to Optimise Cloud Security Beyond What is in Place
Modernising business infrastructure by migrating to the cloud has become one of the most significant organisational priorities today. Unfortunately, as companies across industry sectors make the shift from on-premises to this dynamic new environment, so too has there been a tremendous increase in cyber threats and attacks. Contrary to the widely held belief, cloud computing is not the panacea for security many make it out to be. The most effective cyber attackers target the weakest points in any company’s digital defences. In fact, there has been a 50% surge in more sophisticated cyberattacks over the past year. This can at least partly be attributed to the rate at which new cloud deployments are taking place which makes it difficult for business and technology leaders to keep up and ensur...
Google seeks fresh talent to lead global Web3 team
Following the establishment of a Web3 team under Google Cloud on May 6, tech giant Alphabet’s Google is now on the lookout for a full-time candidate to lead its Global Web3 marketing strategies. As seen on the job listing, the Google Cloud division opened up a ‘Head of Product Marketing’ role who will be tasked with raising awareness about Google Cloud’s Web3 initiatives in addition to eventually building customer demand for the related offerings. new: Google Cloud is forming a Web3 product and engineering organization that will build services for developers. new job postings have appeared on Google’s internal Grow tool, Amit Zavery is telling employees in an email today https://t.co/sLC8VlqgBf — Jordan Novet (@jordannovet) May 6, 2022 In an email shared with employees right before t...
Amid crypto hype, Google’s cloud unit creates Web3 team
Google’s cloud unit announced on Friday the formation of an internal team that will build services for blockchain developers and those running blockchain-based applications. This comes amid an explosion of interest, activity and adoption of crypto and Web3 tools from traditional sectors of the economy. Web3 infrastructure of the future Vice president at Google Cloud, Amit Zavery, reportedly told his team in an email on Friday of the aim to make the Google Cloud platform the first choice for developers in Web3. Google Cloud is the company’s suite of cloud computing services, on which all Google-related projects run. As per CNBC, his email read: “While the world is still early in its embrace of Web3, it is a market that is already demonstrating tremendous potential with many customers asking...
Intelsat’s Cloud Connect Media Provides a Bridge to AWS
Sourced from Britannica. Intelsat, an integrated satellite and terrestrial network provider, announced its latest service offering on Tuesday: Cloud Connect Media, a connectivity solution that provides programmers with secure access between the IntelsatOne Media Network and Amazon Web Services (AWS). Cloud Connect Media is designed to provide content providers with a private, dedicated secure gateway between AWS and the Intelsat global media distribution network. Intelsat is an AWS Select Partner in the AWS Partner Network (APN). This collaboration can provide Intelsat media customers a more efficient way to connect to their playout, video editing, and additional resources they use in the cloud while still accessing the IntelsatOne media network for centralized distribution and managed ser...
6 Common Cybersecurity Mistakes Made by Startup Companies
Image sourced from Pixabay Some of the most successful companies today began their journey as startups. They usually start with a brilliant idea or a new technology that promises to solve a problem to rethink the way we do business. The African region is no stranger to startups, where reports suggest that African startups raised near $5 billion in total estimated funding from 740 deals last year, predominantly in tech startups. This is more than a 250% increase from the $1.3-billion estimated total funding raised in 2020. Startup owners often draw attention to issues of business planning, marketing strategy, and attracting additional investment, but do not address the need to build a solid cybersecurity system. The lack of a clear understanding of threats can cost a startup a potentially s...
3 Technologies that are Reshaping the Banking Industry in Africa
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