Very Important to read👇

A new version of Google Authenticator has recently been released with a cloud sync feature. Since this feature doesn't use end-to-end encryption, enabling cloud synchronization may increase the security risk for users using Google Authenticator.

Based on its characteristics, turning on the cloud sync feature has the following risks:

1. If you enable cloud synchronization, Google will back up your private key to the cloud, but the network transfer process is not end-to-end encrypted and there is a risk that the private key will be compromised during the transfer.

2. If your Google account is hacked, your password and private key are at security risk, and hackers may log into your exchange account and other accounts that require secondary authentication.

For the above reasons, if you are using Google Authenticator for secondary authentication on any exchange, we recommend that you turn off the Google Authenticator cloud sync feature or use another cloud-based encrypted private key authentication application.

#Binance #googlecloud

Google Cloud announced Thursday that it offers insurance for Bitcoin miners up to $1 million. The new insurance policy is available to Security Command Center Premium customers and covers expenses associated with undetected miner attacks.

The insurance policy covers a wide range of expenses, including the cost of replacing lost or damaged hardware, the cost of restoring data, and the cost of legal fees. The policy also covers the cost of business interruption, which is the loss of revenue that occurs when a business is unable to operate due to a cyber attack.

The insurance policy is available to all Security Command Center Premium customers, regardless of the size or location of their mining operations. The policy is also available to customers using Google Cloud's Managed Blockchain service.

The launch of the insurance policy is a sign of the growing interest Google has in the cryptocurrency industry. Google has been investing heavily in the cryptocurrency industry in recent years and has launched a number of products and services for cryptocurrency users.

The insurance policy is also a sign of the increasing risks facing Bitcoin miners. Bitcoin mining is a lucrative business, but it is also a high-risk business. Bitcoin miners are constantly under attack from hackers and must take steps to protect their operations.

The Google Cloud insurance policy can help Bitcoin miners protect their operations and mitigate the risks of cyberattacks. The policy can give Bitcoin miners peace of mind and can help them focus on their core business of mining Bitcoin.

Here are some of the benefits of the new Google Cloud insurance policy:

Financial Protection: The policy can provide Bitcoin miners with financial protection in the event of a cyber attack.

Peace of mind: The policy can give Bitcoin miners peace of mind, knowing that they are protected in the event of a cyber attack.

Focus on core business: The policy can help Bitcoin miners focus on their core business of mining Bitcoin, knowing that they are protected in the event of a cyber attack.

If you are a Bitcoin miner, I recommend that you consider the new Google Cloud insurance policy. The policy can give you financial protection, peace of mind, and the ability to focus on your core business.

#googlecloud #google #crypto2023

Google's Cloud platform has announced a wide-ranging partnership with Polygon Labs, which develops and supports software for the Polygon blockchain ecosystem.

Google Cloud, a cloud computing platform offered by Google, has been gradually expanding its presence in the web3 space to help projects and developers over the past few years.

According to an announcement made today, a multi-year strategic agreement has been signed between Google Cloud and Polygon Labs.Dec. As part of the agreement, Google's Blockchain Node Engine, a fully controlled node hosting service for web3 development, will support Polygon.

“With this move, the rapid expansion of technology will become easier”

This change is aimed at increasing the adoption of the Polygon ecosystem while simplifying the deployment and management of Polygon nodes for developers.

According to a Google Cloud official, the Blockchain Node Engine is currently already providing support for Ethereum. It is also engaged in the process of integrating Solana, a development first announced in November of last year.

Brendan Farmer, co-founder of Polygon Labs, stated that the use of Google Cloud infrastructure will facilitate the rapid expansion of the technology, so that transactions will remain fast and fees economical even as demand increases. “In addition, it will make it easier and faster for developers to deploy October on the Polygon network and Polygon Supernets," Farmer also said. All this will also provide access to financing for web3 initiatives." said.

What will the Polygon Labs agreement with Google Cloud provide?

Thanks to the launch of the Blockchain Node Engine last year, developers will now be able to more easily install and manage blockchain nodes on the Google Cloud.

According to a joint statement by Google Cloud and Polygon Labs, developers will be able to use these services to “overcome the time-consuming processes and costly overhead associated with creating, maintaining and operating their own private October blockchain nodes”.

Google Cloud will support all Polygon protocols, including the Polygon network, Polygon Supernets and Polygon zkEVM. #polygon #googlecloud #Binance #BTC #crypto2023

Google Cloud and Polygon (MATIC) developer Polygon Labs are teaming up for a new initiative that could boost the expansion of the world’s largest blockchain ecosystem.

Polygon says that the partnership will make it easier for developers to build, launch and grow Web3 products and decentralized applications on the protocols of the layer-2 scaling platform.

“Today at Consensus 2023, Google Cloud and Polygon Labs announced a multi-year strategic alliance to accelerate adoption of core Polygon protocols, including Polygon PoS (point of sale), Polygon Supernets, and Polygon zkEVM, with Google Cloud infrastructure and developer tools.”

The new agreement will see Google Gloud bringing its fully managed node hosting service Blockchain Node Engine to the Polygon ecosystem. When this happens, developers will no longer need to configure or run their own nodes.

Polygon says the development will diversify cloud services across its network.

“Google Cloud will help accelerate adoption of core Polygon protocols w/ enterprise infrastructure & tools. Strategic alliance to increase transaction throughput enabling use cases in gaming, supply chain & DeFi (decentralized finance) on Polygon.”

Polygon Labs president Ryan Watt is also optimistic that Google Cloud’s support of Polygon will onboard more people into Web3.

“Thrilled as a Google alumni to share that Google Cloud is going all in with Polygon! This accelerates the adoption of core Polygon protocols using Google’s infrastructure and tools, transforming the blockchain landscape forever.”

#matic #google #googlecloud #eth2.0 #crypto2023

Polygon Labs has signed a multi-year agreement with Google Cloud's cloud computing division.

The network has also launched the bridge for its zkEVM.

MATIC price has turned bullish on these developments, with a 20% breakout underway.

Polygon (MATIC) price is on course for more gains riding on recent network news. In the latest report, Polygon Labs revealed a strategic partnership recently formed with Google Cloud. Based on the report, the deal is a multi-year agreement with Google's cloud computing division, as announced by both companies on April 27.

Polygon partners with Google Cloud

As part of the terms of the agreement, Google Cloud will leverage a fully managed node hosting service to provide customers with automatic access to Polygon blockchain nodes.

Further, Google Cloud will also contribute cloud services that bolster Polygon's new zkEVM scaling solution. In a statement by Polygon Labs, the network highlighted that executing the network's zero-knowledge proofs on Google Cloud is "significantly faster and cheaper" than its current method.

Furthermore, the Polygon Labs-Google Cloud will also deliver features associated with the Polygon Supernets, otherwise deemed a "dedicated app chain." Notably, this could occur by the end of the third quarter of 2023.

In addition, new Polygon-backed startups will be able to receive funding including $200,000 in Google Cloud credits. The funding will be part of a wider set of benefits extending to other Web3-related startups, as Google Cloud declared on April 25.

In closing, the partnership announcement underscores that Google Cloud already offers some support for Polygon. This comes as Polygon proof-of-stake (PoS) nodes are available through the Google Cloud marketplace, with Polygon having been active in Google Cloud datasets since 2021.

Polygon launches zkEVM Bridge

As reported, the network has also unveiled the Polygon zkEVM, a remarkable innovation set to enhance the user experience (UX) while amplifying the Ethereum mainnet's potential.

With this move, users can withdraw funds from the Ethereum mainnet in as little as 30-60 minutes while growing support for ERC-20 and ERC-777 tokens.

Polygon price could rally 20% amid positive network news

Polygon price appears ready for a breakout drawing strength from the recent positive developments in the network. At the time of writing, the altcoin is auctioning at $1.010 after gaining around 3% in the past 24 hours.

An increase in buying pressure above the current level could send Polygon price up toward its target. This is possible considering the position of the 100-, 50-, and 200-day Exponential Moving Averages (EMA) at $1.016, $1.104, and $1.153, respectively, passing as potential buyer congestion zones where sidelined investors could buy in and fuel the uptrend.

Such a move could see the Polygon price tag at the $1.200 resistance level, denoting a 20% ascent from the current price. MATIC could reach a step higher to the $1.377 resistance level in highly bullish cases, thereby reclaiming the mid-February highs.

#matic #polygon #Binance #crypto2023 #googlecloud