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Google is advancing in quantum computing developments, which brought fear, uncertainty, and doubt (FUD) to the cryptocurrency investment community. Crypto traders reacted to Willow-related news with a panic selling event that liquidated over $1.6 billion in 24 hours. According to data Finbold retrieved from CoinGlass on December 10, quantum computing fears liquidated over 521,000 traders in a single day. This was one of the highest 24-hour crypto liquidations since 2021, affecting most long-position traders. Notably, $1.41 billion out of the $1.60 billion total was of long positions, representing a massive long squeeze. “Other” altcoins dominated the liquidations, with over $506 million flushed out from these low-cap cryptocurrencies. Picks for you AI predicts MultiversX (EGLD) price for year-end 17 hours ago ...

A Chinese trader claims that Binance ignored “extremely abnormal transactions” and failed to freeze funds belonging to an “obvious hacker,” leading to them losing their $1 million life savings via a promotional Google plugin. The trader, who goes by the name ‘CryptoNakamao’ on social media, reportedly used the Aggr plugin to access trading data. However, it actually allowed hackers to find a way around password and two-factor authentication (2FA) protection to gain access to their Binance account. Once into their account, CryptoNakamao explains that the Hack er bought several tokens in the Tether trading pair — which had abundant liquidity – and placed sell orders in Bitcoin, USD Coin, and other trading pairs — which had scarce liquidity. Then, despite not being able to withdraw funds directly , the Hack er was able to open leveraged positions, buy a large amount in excess, and complete their cross-trading. The trader says they noticed their account trading randomly on ...

According to a report by Polygon, they have harnessed the same robust infrastructure that powers YouTube and Gmail to fortify their network security. On September 29, Polygon Labs made a significant announcement – Google Cloud has officially joined the Polygon proof-of-stake network as a validator. Google Cloud is now part of an elite group of over 100 validator s, all engaged in verifying transactions within its layer-2 Ethereum network . Polygon Labs made the partnership official through a post on the X platform (formerly known as Twitter), stating: “The formidable infrastructure that underpins @YouTube and @gmail is now instrumental in enhancing the security and efficiency of the Ethereum-for-all Polygon protocol.” Validators within the Polygon network play a pivotal role in safeguarding its integrity. They achieve this by operating nodes, staking MATIC, and actively participating in proof-of-stake consensus mechanisms. The Google Cloud Singapore division confirmed...

PancakeSwap (CAKE) partners with Google Cloud to achieve high availability and faster operations. Since then, CAKE has hit the fourth spot on top gainers today with a 3.8% price increase in the last 24 hours. Prioritizing continuous availability PancakeSwap, a defi trading platform , announced the start of the use of Google Kubernetes Engine to scale its nodes. The announcement was met with a seemingly positive response from the crypto community. PancakeSwap is revolutionizing trading with @GoogleCloud! With Google Cloud's cutting-edge technology and scalable resources, PancakeSwap empowers users worldwide to trade securely, anytime, anywhere. Dive into the details and witness how PancakeSwap leverages Google… pic.twitter.com/EeTHLWbwAu — PancakeSwapEv3ryone's Favourite D3X (@PancakeSwap) July 10, 2023 The platform shares that by leveraging Operations Suite, specifically Cloud Logging and Cloud Monitoring, it can ensure platform stability, allegedly achieving ...

Founded in 1998, Google is an American, multinational technology company that focuses on several areas, including search engines, cloud computing, and more. Allegations against Google have surfaced every now and then, and it has been under scrutiny from US and EU regulators. Read more: Silver Golub & Teitell LLP Files Class Action Lawsuit Against Digital Currency Group and Barry Silbert Antitr US t laws in the US are in place to regulate the conduct of b US iness operations to prevent anticompetitive behavior. According to the details in the latest court document, the US J US tice Department filed a lawsuit against Google on Tuesday. The lawsuit is based on grounds of allegations that the tech giant ab US ed its dominance in the digital advertising b US iness. J US T IN: 🇺🇸 US government files antitr US t lawsuit against Google $GOOGL. — Watcher.Guru (@WatcherGuru) January 24, 2023 The lawsuit is the second antitrust complaint against Goo...