• Home
  • Contact
  • Privacy Policy
  • Store
my forex coaching
  • For Beginners
  • Strategies
  • Crypto
  • Technical Analysis
  • Stock Trading
  • Product Reviews
  • News
  • Videos
No Result
View All Result
  • For Beginners
  • Strategies
  • Crypto
  • Technical Analysis
  • Stock Trading
  • Product Reviews
  • News
  • Videos
No Result
View All Result
my forex coaching
No Result
View All Result
Home Crypto Strategies

Avalanche to power Alibaba Cloud’s infrastructure services in Asia

Forex Tips by Forex Tips
December 3, 2022
in Crypto Strategies
0
Avalanche to power Alibaba Cloud’s infrastructure services in Asia
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


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 developers to easily launch their own validator nodes, with access to @alibaba_cloud‘s plug-and-play infrastructure and suite of products.https://t.co/MlXTOYuJgG

— Avalanche (@avalancheavax) December 2, 2022

According to the announcement, Avalanche hosts over 1,200 validators and processes roughly 2 million daily transactions. The scale of the partnership is massive, considering that Alibaba Cloud stands as the largest Asian cloud service provider in the Asia-Pacific region.

Steps to integrate Avalanche with Alibaba Cloud. Source: Alibaba Cloud 

As part of the integration, Alibaba Cloud ran a special promotion by offering Avalanche developers credit toward any of their services. Avalanche currently powers over 1,000 projects, including decentralized finance (DeFi) ecosystems such as Aave (AAVE), Curve, BENQi, Sushi, and Chainlink (LINK).

Related: Alibaba to ban crypto miner sales amid Chinese crackdown

Chinese venture capitalist Bo Shen, a general partner of the Vitalik Buterin-advised venture capital fund Fenbushi Capital, claimed to have lost $42 million from his Trust Wallet.

Shen confirmed that the drained funds belonged to him and was not related to Fenbushi Capital:

“The incident has been reported to the local law enforcement. FBI and lawyers both have been involved. Civilization and justice will eventually prevail over barbarism and evil. This is the iron law of human society. It’s just a matter of time.”

Blockchain analytics firm SlowMist later verified Shen’s loss of funds while confirming no security issues from Trust Wallet’s end.





Source link

Share76Tweet47

Related Posts

How to protect against crime in the metaverse

How to protect against crime in the metaverse

by Forex Tips
February 4, 2023
0

By taking advantage of flaws in virtual systems and user behavior, such as malware infections, phishing scams and illegal...

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

by Forex Tips
February 3, 2023
0

Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in...

Is the Metaverse really turning out like ‘Snow Crash’? – Cointelegraph Magazine

Is the Metaverse really turning out like ‘Snow Crash’? – Cointelegraph Magazine

by Forex Tips
February 2, 2023
0

‘Snow Crash’ by Neal Stephenson Neal Stephenson’s science fiction novel Snow Crash predicted the Metaverse in 1992. This cult...

Hall of Flame – Cointelegraph Magazine

Hall of Flame – Cointelegraph Magazine

by Forex Tips
February 1, 2023
0

Name: Tiffany FongAnonymous: No Twitter followers: 51.7K Known for: Breaking leaked info on Celsius and interviewing Sam Bankman-Fried after the FTX...

What are reflection tokens, and how do they work?

What are reflection tokens, and how do they work?

by Forex Tips
January 31, 2023
0

Arguably the most dynamic segment within the crypto ecosystem, decentralized finance (DeFi) projects have been revolutionizing how cryptocurrency investors...

Load More

Recent Posts

  • Jobs at the bottom of the hour. ISM services PMI to be released at 10 AM ET
  • How to protect against crime in the metaverse
  • Dow’s Skepticism Anchors Nasdaq Volatility, Dollar Charged by NFPs and Rate Forecasts
  • Our data shows traders are now at their least net-long FTSE 100 since Jan 14 when FTSE 100 traded near 7,857.90.
  • The strong US jobs report sent the US dollar sharply higher. What next?
Forex Pulse Detector

Categories

  • Alerts
  • Crypto Strategies
  • Currency
  • For Beginners
  • Forex News
  • Forex Trading Tips & Strategies
  • Technical Analysis
  • Videos

Newsletter

  • Home
  • Contact
  • Privacy Policy
  • Store

© 2018 Forex Blog

No Result
View All Result
  • Contact Us
  • Homepages

© 2018 Forex Blog.