China News by Thebittimes.Com

Blockchain security provider Fireblocks has partnered with cloud service giants AWS, Google Cloud, and Alibaba Cloud to expand accessibility and serve a wider range of businesses. Fireblocks, known for its robust infrastructure support in the crypto industry, has teamed up with leading cloud service providers, including Amazon Web Services (AWS), Google Cloud, and Alibaba Cloud. The collaboration aims to improve accessibility and meet the evolving needs of financial institutions with both on-premise and cloud-based IT infrastructure solutions. With support for AWS, Google Cloud Platform, and Alibaba Cloud, Fireblocks aims to expand its market share in the cloud industry. By integrating these cloud platforms into its infrastructure, Fireblocks consolidates various aspects of crypto management onto a unified platform. This streamlines operation and simplifies digital asset transactions, allowing businesses to navigate the crypto space easily. You might also like: Fireblocks I...

In a statement, the crypto exchange said that users' funds are safe and transactions are still being processed. Users of the crypto exchange Gate.io are facing slow deposits and withdraw als on transactions due to a node maintenance from a third-party cloud provider, according to an announcement on Dec. 18.  Gate.io said the transactions are still being processed, and claimed the funds of users are safe. The company stated: "At this moment, we are monitoring the network connection status of our cloud service providers and will expedite the deposits and withdrawals as soon as the network connection is restored." It is unclear if the delay in transactions is related to OKX's outage, which was caused by a hardware failure at a Hong Kong data center of primary infrastructure provider Alibaba Cloud. As reported by Cointelegraph, Alibaba's Cloud server went offline on Dec. 17 and failed to recover for over fifteen hours, during which users could not withdraw and dep...