Some in the crypto world have called for DePIN to be more widely adopted to combat internet outage issues.
For an industry that prides itself on decentralization and constantly lauds its benefits, crypto exchanges being so reliant on vulnerable centralized cloud platforms for their own infrastructure feels like hypocrisy, argues Dr. Max Li, founder and CEO of OORT.
When Amazon Web Services (AWS) faltered this morning, much of the internet went dark, and crypto was no exception. Several major blockchains and trading platforms, including Coinbase, Robinhood, and some Ethereum layer-2 networks, reported disruptions after AWS suffered an operational failure linked to its DynamoDB database service. According to Amazon’s status page, the issue began […]
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Amazon Web Services (AWS) experienced a temporary outage on April 15 that disrupted several major crypto platforms and reignited concerns over the industry’s dependence on centralized infrastructure. On Social media platform X, Binance, the world’s leading crypto exchange by volume, revealed that it temporarily suspended withdrawals as a precaution after facing connectivity issues. The exchange […]
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Theta Labs head of strategy Wes Levitt says the decentralized cloud is more cost-effective and offers greater flexibility and reliability for AI solutions.
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.
Binance is turning to Amazon Web Services (AWS) and its advanced generative AI tools to enhance user experience on its platform, according to an Oct. 31 statement shared with CryptoSlate. By incorporating AWS’s Cloud and Generative AI technologies, Binance aims to streamline user onboarding, strengthen customer support, and improve internal systems for automated diagnostics and […]
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Bloomberg ETF analyst Eric Balchunas shared an excerpt from a Bitcoin book claiming Amazon could shut down Ethereum, riling up the blockchain’s supporters.
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.