Alleged $5M cryptocurrency fraud made this guy one of AWS’ biggest clients

Alleged $5M cryptocurrency fraud made this guy one of AWS’ biggest clients
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-10-10 11:26

A Singaporean man faces over 30 years in prison for masquerading as a Californian games developer to illicitly obtain cloud computing power to mine cryptocurrency, an FBI investigation has revealed.

US authorities indicted Matthew Ho, 29, with 14 counts related to his long-running scam, which allegedly involved stealing identities and credit cards to purchase services from major US-based providers Amazon Web Services (AWS) and Google Cloud Services. According to a Department of Justice (DoJ) release, Ho consumed more than $5 million in unpaid cloud computing services between October 2017 and February 2018 — a time span of just a few months. …

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FSC Issues ‘Investor Crypto Ponzi Alert’ for “Cloud Token Mauritius” & “Cloud Token Indian Ocean and Africa”

The Financial Services Commission (FSC) has issued an investor alert regarding a crypto-Ponzi scheme being advertised on social media, asking people to invest in digital assets called “Cloud Token Mauritius” & “Cloud Token Indian Ocean and Africa” through a mobile application called ” cloud token.

2019-9-26 23:58


Cybersecurity vendor that protects firms from data breaches hit by data breach

You know it’s a bad day for cybersecurity when a leading provider of internet firewall services that helps safeguard websites from malicious attacks suffers from a security breach of its own. Imperva, a popular California-based security vendor, disclosed that data belonging to an unspecified subset of users of its cloud firewall product was exposed online.

2019-8-28 14:58


Gominer ICO

Gominer Token is a Peer-to-Peer token that has a sophisticated level of security for a multi-functional digital currency and for all future use expansion. The token is created to help our user to interact and expand the way of their earning in Cloud mining.

2019-7-28 17:33


Google Cloud, Ethereum, and Chainlink Join Hands For Building Hybrid Blockchain-Cloud Applications

Coinspeaker Google Cloud, Ethereum, and Chainlink Join Hands For Building Hybrid Blockchain-Cloud ApplicationsThe hybrid applications use oracles to bridge the gap between blockchain-based smart contracts and internet cloud services thereby making automated business processes more efficient and robust.

2019-6-14 23:05


Ôîòî:

Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining

According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […] The post Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining appeared first on Bitcoin News.

2019-5-30 23:10


Bitfury working with Mphasis to develop new forms of cross-chain trade settlement

CryptoNinjas The Bitfury Group, a full-service blockchain technology company, and Mphasis, an Information Technology solutions provider specializing in cloud and cognitive services, today announced a strategic partnership to bring new levels of automation, transparency, and efficiency to the financial services infrastructure that underpins global trade.

2019-5-30 19:24


Ôîòî:

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.

2019-5-29 18:53


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