Alibaba Cloud, a.k.a Aliyun, a subset of Chinese e-commerce giant Alibaba, announced an integration with Avalanche blockchain to power the company’s Node-as-a-Service initiatives.
Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain platform in Asia. The integration will allow Avalanche developers to use Alibaba Cloud’s plug-and-play infrastructure as a service to launch new validators.
Developers expecting high resource demands during peak hours can also tap into additional resources — computing, storage, and distribution — offered by Alibaba Cloud.
ຜູ້ໃຫ້ບໍລິການເມຄທີ່ໃຫຍ່ທີ່ສຸດຂອງ APAC, Alibaba Cloud, ໄດ້ຂະຫຍາຍການສະຫນັບສະຫນູນສໍາລັບ #ອາກາດ ໜາວ!
ການປະສົມປະສານນີ້ເຮັດໃຫ້ຜູ້ພັດທະນາສາມາດເປີດ nodes validator ຂອງຕົນເອງໄດ້ຢ່າງງ່າຍດາຍ, ມີການເຂົ້າເຖິງ @alibaba_cloudໂຄງສ້າງພື້ນຖານຂອງ plug-and-play ແລະຊຸດຜະລິດຕະພັນ.https://t.co/MlXTOYuJgG
- ຫິມະຖະຫຼົ່ມ (@avalancheavax) ເດືອນທັນວາ 2, 2022
According to the announcement, Avalanche hosts over 1,200 validators and processes roughly 2 million daily transactions. The scale of the partnership is massive, considering that Alibaba Cloud stands as the largest Asian cloud service provider in the Asia-Pacific region.
As part of the integration, Alibaba Cloud ran a special promotion by offering Avalanche developers credit toward any of their services. Avalanche currently powers over 1,000 projects, including ການເງິນແບບແບ່ງຂັ້ນ (DeFi) ecosystems such as Aave (ກ້ອຢ), Curve, BENQi, Sushi, and Chainlink (LINK).
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Chinese venture capitalist Bo Shen, a general partner of the Vitalik Buterin-advised venture capital fund Fenbushi Capital, claimed to have lost $42 million from his Trust Wallet.
Shen confirmed that the drained funds belonged to him and was not related to Fenbushi Capital:
“ເຫດການດັ່ງກ່າວໄດ້ລາຍງານໃຫ້ເຈົ້າໜ້າທີ່ຕຳຫຼວດທ້ອງຖິ່ນແລ້ວ. FBI ແລະທະນາຍຄວາມທັງສອງໄດ້ມີສ່ວນຮ່ວມ. ພົນລະເຮືອນແລະຄວາມຍຸຕິທໍາໃນທີ່ສຸດຈະຊະນະຄວາມປ່າເຖື່ອນແລະຄວາມຊົ່ວຮ້າຍ. ນີ້ແມ່ນກົດຫມາຍທາດເຫຼັກຂອງສັງຄົມມະນຸດ. ມັນເປັນພຽງແຕ່ເວລາ.”
Blockchain analytics firm SlowMist later verified Shen’s loss of funds while confirming no security issues from Trust Wallet’s end.
Source: https://cointelegraph.com/news/avalanche-to-power-alibaba-cloud-s-infrastructure-services-in-asia