Episode 138: Alfa Romeo NFTs, Web 3, Google Cloud Mining

Italian luxury car maker Alfa Romeo has revealed it will be using non-fungible tokens (NFT) to track and store maintenance records on the blockchain for its new Tonale SUV. Alfa Romeo, which is owned by Stellantis (formerly Fiat Chrysler), appears to be the first carmaker to utilize NFTs in this way, seemingly in a bid to bring transparency and efficiency to a car market that often relies on third parties to track car records. The company says the car’s NFT will be able to generate a certificate from records of its maintenance data, but only for service done by certified dealers. The integration is the latest example of the growing “useful” NFT market, which includes use cases for the technology that emphasize function over form. Alchemy Insights, Inc. is the latest crypto startup to become a deca unicorn after a $200 million equity investment led by Lightspeed Ventures and Silver Lake valued the infrastructure company at $10.2 billion. Google Cloud said it's adding Virtual Machine Threat Detection (VMTD), which will help detect threats including malware that mines crypto currency on a compromised account. "VMTD is a first-to-market detection capability from a major cloud provider that provides agentless memory scanning to help detect threats like crypto-mining malware inside your virtual machines running in Google Cloud,” according to a blog post from Google. The move comes after the company said in November that compromised Google Cloud accounts were used by 86% of “malicious actors” to mine cryptocurrencies. 📚Books: https://www.amazon.com/s?k=reginald+seay&crid=XNP2FB40Q3TH&sprefix=reginald+seay%2Caps%2C232&ref=nb_sb_noss 📚 Course: https://market-marauders-complete-guides.teachable.com/p/the-complete-guide-to-cryptocurrency 📚Website: www.marketmarauders.net 🦩Twitter: @yourequest 😎Instagram: market_marauders 📧Email: [email protected] 🚧 DISCLAIMER🚧 I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view and/or hear on the channel.