Internxt launches alpha prototypes of its products

Internxt has announced its releasing prototypes of X Cloud and X Core Alpha on April 6 following the publication of the code on Github
04 April 2018   340

Internxt is rolling out the prototypes of 2 of its products - X Core and X Cloud. As the code for the Alpha versions has been uploaded on February 27 for peer review, the release date of the prototypes is set on April 6. X Core is a P2P cloud computing network that enables cooperation in the creation of a decentralized Internet with sharing the resources of the machines to those looking for a host of their data. As of the Alpha version, the following features are operable:

  • file distribution;
  • replication;
  • synchronization;
  • encryption using AES 256 CTR;

X Cloud offers a more reliable, secure and private cloud by being cheaper and more secure that the traditional cloud storage platforms (Google Drive, Amazon S3, Dropbox). X Cloud aims to bring a mass-market solution that both enterprises and individuals appreciate. The product is based off of Storj platform and with Alpha version offers file storing and sharing.

The prototypes are promised to be free and open so that anybody is able to test both X Cloud and X Core. Commercial version are expected Q3 2018. At the moment of publication, the market parameters for Internxt are as follows

Average price: $6.03

Market cap: $3,798,359

Volume (24H): $18,437

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   70

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.