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 …

People interact with open-source applications like MetaMask, Web3 games, the metaverse and DeFi protocols every day but don’t often stop to think about what happens in the background for it all to work. If we think of Web3 as a burgeoning new city, node infrastructure providers are the underlying power grid that makes operations possible. All DApps need to communicate with blockchains, and full nodes serve billions of requests from DApps to read and write data to chains every day. We need a huge node infrastructure to keep up with vastly expanding DApp ecosystems and serve all of the requests. …

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 clients in creating, trading, storing value and launching new products on blockchain-based platforms. The blog reads; “This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow.” We're launching a new, dedicated Digital Asset Team to …

Microsoft Crop. is acquiring gaming giant Activision Blizzard Inc. for $69 billion as part of a move to ramp up its gaming and Metaverse plans. Activision Blizzard is home to a long list of iconic gaming franchises such as Call of Duty, Overwatch, Candy Crush, World of Warcraft and Tony Hawk’s Pro-Skater. Following the deal, its games are set to be added to Microsoft Xbox’s Game Pass service that has 25 million subscribers. According to a Jan. 18 announcement from Microsoft, the firm will acquire Activision Blizzard for $95.00 per share at a valuation of $68.7 billion. The deal is …

The wider cryptocurrency market is facing another day of volatility and selling on Jan. 7 as Bitcoin (BTC) bears managed to break bull support at $42,000. The price of Bitcoin was pushed to a daily low of $40,620 before resources were exhausted. Data from Cointelegraph Markets Pro shows that 4 of the top 7 gainers of the day are part of the growing Cosmos Hub. This ecosystem currently uses the Interblockchain Communication protocol (IBC) to facilitate interoperability and communication between connected networks. Here’s a look at what’s behind the strength seen in IRISnet (IRIS), Secret (SCRT), Akash Network (AKT) and …

With Amazon Web Services (AWS) being one of the most popular cloud service providers on the planet, it's no surprise that Coinbase, a cryptocurrency exchange based in the United States, is attempting to capitalize on its success by developing its own cloud infrastructure solution, Coinbase Cloud. "We want to be the AWS of crypto," said Coinbase chief product officer Surojit Chatterjee in an exclusive interview with Forbes. "We are building this whole Coinbase Cloud suite of products that you can think of as crypto computing services to help developers build their applications faster." Before becoming Coinbase Cloud, the service was …

The Hedera Governing Council has accepted cloud-based digital workflow platform ServiceNow as its newest member. Hedera intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions. Hedera and ServiceNow will develop trusted processes based on digital ledger technology, or DLT, for interactions that span multiple companies, according to the company’s press release. ServiceNow is a cloud-based digital workflow platform that delivers outstanding customer experiences and unleashes employee productivity while also increasing business efficiency. Hedera “provides the most secure network connectivity and transaction processing in the world,” according to a company press …

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 …

French video game developer Ubisoft is furthering its blockchain ambitions by joining the Aleph.im network in the capacity of channel node operator, setting the stage for further collaboration with the distributed cloud platform. As a core channel node operator, Ubisoft is contributing to Aleph.im through staking, validating and managing the decentralized network. While all nodes are able to join the network, its status as core channel node activates only after it has staked 500,000 ALEPH tokens. Jonathan Schemoul, founder and CEO of Aleph.im, said the company’s “primary mission is to make decentralized cloud services a reality.” “At Ubisoft, we believe …

Since the summer of 2020, decentralized exchanges (DEX) have been all the rage and in 2021 developers and investors continue to flock to the sector due to the ease of listing and buying into new projects. While the method has proved fruitful for many projects, the price performance for iExec RLC (RLC), a blockchain-based decentralized cloud computing network that recently listed on several centralized exchanges, shows that CEX listings still carry the most weight when it comes to initiating price movements. Data from Cointelegraph Markets Pro and TradingView shows that the price of RLC has surged 430% to $16.50 since …

A decentralized cloud computing network that aims to make the world’s technological resources cheaper and more accessible has launched its private testnet. Cudos says its infrastructure means laptops, smartphones and company servers that may otherwise lie idle can contribute to exciting projects including DeFi, scientific research, data analytics, artificial intelligence and video rendering — advancing human knowledge. The project is a layer-one blockchain and layer-two computation and oracle network. It says centralized cloud computing providers attract high costs and waste, and a growing need has formed for decentralized alternatives. Because of this, it aims to deliver permissionless access to high-performance …

On April 16 EOS price soared to a new high at $8.49 and the current market structure for the altcoin suggests there is room for further upside. EOS initially made headlines during the ICO craze of 2018 when its parent company Block.one raised a record $4 billion in funding to create the EOSIO software and in the past three months, the altcoin has nearly tripled in value. Data from Cointelegraph Markets and TradingView shows that since trading at a low of $2.43 on Jan. 27, the price of EOS has climbed 245% to set a multi-year high of $8.47 on …