🚀 Google To Delete Inactive Accounts After Two Years
#Google #InactiveAccounts #DataSecurity #CloudStorage #UserPrivacy #TechNews #DigitalSecurity #AccountDeletion #DecentralizedStorage #BigTech
According to Cointelegraph, Google has announced a new policy to delete user accounts that have been inactive for at least two years. This move, which will begin in December 2023, aims to reclaim underused space and enhance security measures. The policy will start with accounts that were created but never used and will proceed in phases to delete other dormant accounts. Google explained that abandoned accounts are significantly less likely to have 2-step verification set up, making them vulnerable to security threats such as identity theft and malicious content. The policy will only affect individual accounts and will not impact accounts used by schools or business enterprises.
Tech YouTuber 'Mental Outlaw' believes this initiative indicates that Google is running out of storage, which may signal the decline of free online service models. Many early Gmail users utilized the service as a form of cloud storage, saving gigabytes of photos and files. The growing popularity of adblocking services and internet browsers like Brave, which prevent data harvesting by big tech companies, has significantly affected revenue for firms like Google that collect and monetize user data. This downward pressure on revenue threatens the current business model of offering free online services in exchange for user data.
In response to these challenges, alternatives to big tech storage and services have emerged. Platforms like Functionland, a decentralized cloud storage solution, provide users with more autonomy over their data. Additionally, projects like Irys are challenging the dominance of centralized data storage providers like Google and Amazon Web Services, aiming to capture market share by offering more user-centric solutions.#Google #InactiveAccounts #DataSecurity #CloudStorage #UserPrivacy #TechNews #DigitalSecurity #AccountDeletion #DecentralizedStorage #BigTech
🚀 DePIN Aims To Enhance Security In Digital Ecosystems
#DePIN #DigitalEcosystems #Security #CESSNetwork #Decentralized #CloudStorage
According to Odaily, Jessie Dai, co-founder of the decentralized cloud data storage network CESS Network, stated on Platform X that DePIN can create a more secure and autonomous digital ecosystem by reducing reliance on vulnerable centralized systems.#DePIN #DigitalEcosystems #Security #CESSNetwork #Decentralized #CloudStorage
🚀 Procolored Printer Drivers Found with Cryptocurrency Theft Backdoor
#Procolored #PrinterDrivers #CryptocurrencyTheft #Backdoor #Investigation #Bitcoin #Cybersecurity #DataBreach #USBDrive #CloudStorage #BTC
According to Odaily, a backdoor in the official drivers provided by printer company Procolored has been discovered, leading to the theft of at least 9.3 bitcoins. Investigations reveal that the backdoor originated from a USB drive used internally by Procolored, which was subsequently uploaded to a cloud storage platform for global user access, resulting in widespread distribution.#Procolored #PrinterDrivers #CryptocurrencyTheft #Backdoor #Investigation #Bitcoin #Cybersecurity #DataBreach #USBDrive #CloudStorage #BTC
🚀 Tether Launches PearPass to Enhance Password Security
#Tether #PearPass #passwordsecurity #P2P #decentralized #encryption #cloudstorage #cryptosecurity #innovation #userprivacy
According to Odaily, Tether has officially launched PearPass, a peer-to-peer (P2P) password manager designed to mitigate the risk of user encryption information being leaked from cloud storage. Tether highlighted that existing password management tools often rely on cloud storage, which can expose sensitive user data if compromised. PearPass utilizes a decentralized peer-to-peer architecture, avoiding cloud storage of passwords to enhance security and privacy. The product will initially support major browsers, with plans to expand to mobile and other platforms. This initiative underscores the ongoing focus on innovation in user security tools within the crypto industry.#Tether #PearPass #passwordsecurity #P2P #decentralized #encryption #cloudstorage #cryptosecurity #innovation #userprivacy
🚀 Global Companies Make Strategic Moves in Crypto and Asset Management
#globalcompanies #crypto #assetmanagement #BTC #digitalassets #privateequity #mining #ETH #AVAX #creatorEconomy #S&PGlobal #BitcoinTreasury #cloudstorage #AI #traditionalfinance
Global companies are actively engaging in asset management and ratings infrastructure, according to ChainCatcher. Bitfarms (NASDAQ: BITF) announced the completion of a $50 million structured debt financing from a top private equity firm. The funds were fully utilized by the end of the trading day to purchase approximately 2,000 BTC on the open market, reinforcing its position among North American mining companies.
MicroAlgo (NASDAQ: MLGO) revealed that its board has approved the establishment of a $15 million digital asset fund. The fund has initiated a daily investment program (TWAP) to mitigate the risk of price volatility from single-point purchases.
Roblox (NYSE: RBLX) disclosed in a developer communication that it has converted 2% of its surplus cash on its balance sheet into ETH and AVAX. This move is intended to support the liquidity for its next-generation creator economy's on-chain settlements, rather than being purely a financial investment.
S&P Global (NYSE: SPGI) launched the "Corporate Bitcoin Treasury Index (CBTX)," which tracks global publicly listed companies with more than 1% BTC exposure on their balance sheets. This marks a significant step as traditional rating agencies incorporate "crypto treasury" into mainstream financial metrics.
Northern Data (XETRA: NB2) announced the divestment of its remaining traditional cloud storage business. Starting from the second quarter, the company will dedicate 100% of its energy and computing power to AI rendering and the accumulation of its internal BTC treasury.#globalcompanies #crypto #assetmanagement #BTC #digitalassets #privateequity #mining #ETH #AVAX #creatorEconomy #S&PGlobal #BitcoinTreasury #cloudstorage #AI #traditionalfinance