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This decentralised blockchain plans to challenge AWS, Microsoft and Google with carbon-neutral cloud computing
Cudos is a layer-one blockchain and layer-two computation and oracle network that enables the scaling of computing resources to 100,000 nodes. It aims to bridge the gap between cloud and blockchain by making the world's available computing power more decentralized. With the launch of phase one its incentivized testnet – Project Artemis – the blockchain plans to lay the foundations of a decentralized, competitive, fair, and sustainable computing market. Even in its early stages, Cudos has ignited a considerable amount of developer interest, with over 20,000 developers joining its waitlist. “This stage is the culmination of many years of work. …
Blockchain / Oct. 27, 2021
YouTube channels hacked and rebranded for live-streaming crypto scams
A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams. The TAG attributes the attacks to a group of hackers recruited in a Russian-speaking forum that hacks the creator’s channel by offering fake collaboration opportunities. Once hijacked, the YouTube channels are either sold to the highest bidder or used to broadcast cryptocurrency scams: “A large number of hijacked channels were rebranded for cryptocurrency scam live-streaming. On account-trading markets, hijacked channels ranged from $3 USD to $4,000 USD depending on …
Bitcoin / Oct. 24, 2021
Breaking Google’s monopoly: Internxt pushes decentralized cloud as privacy concerns grow
Privacy-focused blockchain file storage service Internxt has a lofty vision: leverage decentralized technology to break Big Tech’s monopoly over user data. Its first product, Internxt Drive, aims to compete as an alternative to Google Drive and Dropbox — without compromising personal privacy and data ownership. In an exclusive interview with Cointelegraph, Internxt CEO Fran Villalba Segarra described the core technology behind his product and explained why privacy should be considered a fundamental human right. He also explained the perils of centralized architecture, why Big Tech constantly violates user privacy and what’s in store for internet users in the era of …
Decentralization / Oct. 21, 2021
Bakkt crypto exchange partners with Google for payments
Users who hold debit cards issued by cryptocurrency exchange Bakkt will be able to convert their crypto balances to make fiat payments using Google Pay. In an Friday announcement, Bakkt said it had partnered with Google to allow its users to purchase goods and services using Bitcoin (BTC) and other cryptocurrencies through the Google Pay wallet and payment system. In addition, Bakkt plans to build new analytics and geolocation functionality on its platform using Google Cloud tools. The exchange hopes that the features will expand loyalty redemption options “while providing Bakkt partners with valuable consumer behavior patterns.” “This partnership is …
Business / Oct. 11, 2021
NFT marketplace Metaplex hires former Google dev as CEO, appoints advisory board
Nonfungible token (NFT) marketplace Metaplex has hired a new CEO and appointed an advisory board comprising some of crypto’s most influential voices, setting the stage for the continued growth of the Solana-based project. Adam Jeffries, a developer with career stops at Google, Amazon, Citadel and Kaggle, has been appointed CEO of Metaplex Studios, the company announced Wednesday. Joining him is a new board of advisers that includes blockchain streaming platform Audius; CoinShares chief strategy officer Meltem Demirors; Cultur3 Capital co-founders Alex Yamashita, Mark Streeter and Rolf Hoefer; and Phantom chief product officer Chris Kalani. Rounding out the advisory group are …
Business / Sept. 29, 2021
Google, the most popular Bitcoin trend indicator, turns 23
Google, the leading indicator used to track the popularity of Bitcoin (BTC) and other cryptocurrencies, celebrated its 23rd anniversary on Monday. Founded by Larry Page and Sergey Brin when both were students at Stanford University, the search engine has spent the majority of its 23 years of existence being one of the primary entry points to the internet. Following the inception of cryptocurrencies, Google has been the primary method to search for new coins, track market trends and learn how to buy crypto. Since internet search statistics are an excellent way to track user behavior, Google Trends has become a …
Adoption / Sept. 27, 2021
Nifty News: Nafty launches naughty NFT site, Dutch DJ pushes limits of physical NFTs
NFT NSFW Nafty, a blockchain firm that produces decentralized, “not safe for work” (NSFW) platforms, such as OnlyFans competitor Nafty.tv, launched an erotic-themed nonfungible token (NFT) marketplace dubbed “NaftyArt” on Thursday. NaftyArt aims to provide a platform for erotic artists and adult-content creators to promote and sell their tokenized works without fears of it being removed or their accounts shadowbanned. It may also give some NFT proponents an excuse for out-laying large sums of money on NSFW content. The announcement read: “Erotic Artists and Adult Content creators have been struggling for some time to get their work prominently featured on …
Copyrights / Sept. 16, 2021
Google partners with NFT leader Dapper Labs to support Flow blockchain
Search engine giant Google is joining forces with Canadian blockchain studio Dapper Labs to help support the development of new Web 3 products and services, including the wildly popular nonfungible token, or NFT, marketplace. As part of the deal, Google Cloud will serve as a network operator for Dapper Labs’ Flow blockchain, the scalable infrastructure that powers an entire ecosystem of NFTs, games and apps, according to Forbes. Janet Kennedy, the vice president of Google Cloud North America, said the multi-year partnership will help Dapper expand its operations through “scalable, secure infrastructure” provided by Google. Google has also made it …
Nft / Sept. 14, 2021
Decentralized search engine becomes default option on European Android devices
Beginning Sept. 1, decentralized search engine Presearch will be listed as a default option on all new and factory-reset devices sold in the United Kingdom and Europe, a move that could erode Google’s dominance in the search engine market. The decision by Google to list Presearch as a default browser option follows a protracted legal battle with the European Commission over accusations that the technology company used Android to solidify its search engine dominance. In 2018, the European Commission’s antitrust regulator fined Google a record 4.24 billion euros for unfairly limiting competition on smartphone operating systems. In 2019, Google said …
Decentralization / Sept. 1, 2021
Google bans 8 ‘deceptive’ crypto apps from Play Store
Google has delisted eight allegedly fraudulent mobile apps from its Play Store that were duping crypto enthusiasts by charging fees for an illegitimate cloud mining service. Fraudulent mobile applications have now become a popular method to mislead unwary users with high success rates. Trend Micro’s latest research discovered eight Android applications that were exploiting crypto users by charging a monthly fee under the false pretext of running a legitimate cloud mining service. Further analysis into the matter uncovered that the malicious apps hosted by Google — posing as crypto mining applications — were deceiving users into watching paid ads and …
Bitcoin / Aug. 23, 2021
Coinbase users can now buy crypto with Apple Pay
Crypto exchange Coinbase announced on Thursday that users can now use Apple Pay to purchase crypto assets on its platform, with Google Pay integration to follow. “Today, we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7,” said a Coinbase blog post on Thursday. “If you already have a Visa or Mastercard debit card linked in your Apple Wallet, Apple Pay will automatically appear as a payment method when you’re buying crypto with Coinbase on an Apple Pay-supported iOS device …
Adoption / Aug. 5, 2021
Google running crypto ads again as new policy goes into effect
Google is running crypto ads again after its updated financial products and services policy went into full effect on Aug. 3. The multinational giant banned crypto- and initial coin offering-related advertisements back in June 2018, and the updated policy allows regulated crypto entities to market their services once again. ICOs have been left out in the cold, however. Google’s crypto ad policy revision was first outlined in June and stipulates that “advertisers offering cryptocurrency exchanges and wallets” targeting United States consumers are allowed to advertise their services and products if they meet specific requirements. The move will provide additional sales …
Business / Aug. 4, 2021