Blockchain Press Releases
CDNetworks Named a Top CDN Provider in the Frost Radar™: Global Content Delivery Network, 2023
Frost & Sullivan credits CDNetworks’ success to forward-thinking innovation, sound investment, consistent growth, and advantages in emerging markets.
SINGAPORE, July 18, 2023 /PRNewswire/ — CDNetworks, an APAC-leading network to deliver edge as a service, is proud to be named as a top Content Delivery Network (CDN) provider in the Frost Radar™ Global Content Delivery Network, 2023. This prestigious report, released by Frost & Sullivan, provides a benchmarking system that recognizes CDN companies for their innovative methodologies and growth.
As a leading global analytics firm, Frost & Sullivan credits CDNetworks’ success to forward-thinking innovation, sound investment, and consistent growth along with advantages suited for today’s emerging markets.
When it comes to innovation, CDNetworks has made significant R&D investments and innovations in cloud security and edge computing. With the introduction of its enterprise secure access cloud service (Zero Trust implementation), a low-latency streaming solution, full-platform support for the latest QUIC and HTTP/3, and a multilayered approach to web application and API protection, CDNetworks’ comprehensive product portfolios continue to demonstrate our uniquely qualified position at the edge.
With years of real-world technical knowledge in edge computing, CDNetworks is not only able to leverage its robust CDN technology to help clients expand their business. CDNetworks can also assist enterprises in addressing the challenges that come with supporting edge workflows and serverless computing.
For example, CDNetworks’ serverless Nginx Platform, CDN Pro, is a single edge platform designed with developers in mind for managing websites, APIs, and cloud applications. Boasting a competitive set of features, CDN Pro makes it easy to configure a variety of settings, including load balancing, staging environments prior to deployment, programmable Edge Logic interface, and built-in security.
In terms of its growth, CDNetworks’ presence has expanded to 14 global offices and 10 R&D centers that provide local and rapid professional services. Our worldwide infrastructure includes 2,800 global Points of Presence in more than 70 countries and 270 cities, more than 200,000 servers, and upwards of 200 ISP partner connections. Together, this commitment demonstrates CDNetworks’ unique ability to help companies expand their global operations. At the same time, such rapid expansion is also bringing CDNetworks more tangible benefits.
As Frost & Sullivan noted, “With a focus on emerging markets in Southeast Asia, established markets such as Japan and Korea, and China proper, CDNetworks has experienced significant growth and reported an overall 52% net profit increase in 2022.” In response to this impressive business growth, Frost & Sullivan further evaluated CDNetworks’ business development in the APAC region, stating: “CDNetworks has been embracing the emerging market fashion faster than its Asian counterparts, building edge computing and security services into its existing CDN network.”
“The evolving needs of businesses in today’s digital landscape are quite different than before. CDNetworks recognizes this transformation and continues to evolve into multifaceted hybrid businesses that serve a variety of industries and use cases with a consolidated edge platform. Through CDNetworks, businesses can customize and deploy various services, including Web Performance, Media Delivery, Cloud Security, and Edge Computing, Zero Trust solution, faster and easier than ever before,” said Doyle Deng, Head of Global Marketing and Product of CDNetworks. “Recognizing CDNetworks as one of the top CDN providers in Frost & Sullivan’s Global Content Delivery Network Market validates our ongoing commitment to drive continuous innovation as we continue to grow our company by providing unparalleled content delivery services that remain unmatched in our industry.”
Download the complimentary copy of the Frost Radar™ report here to learn more about how CDNetworks is recognized as a top CDN provider in the global CDN market. Interested in our robust CDN services? Take advantage of our current offer – get 6 months of FREE CDN service with 100TB/month traffic and 20TB of Object Storage! Claim the special offer today at https://bit.ly/3Xver1i.
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Frost Radar™ Analytics |
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Out of more than 50 CDN providers that offer content delivery networks, Frost & Sullivan plotted 15 of the top providers in this Frost Radar™ analysis after measuring the 15 selected companies on both growth and innovation. |
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The five growth measurements include: |
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1. Market share for the previous 3 years |
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Frost & Sullivan captured five innovation measurements: |
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1. Innovation scalability, including global applicability and scalability in adjacent and non-adjacent industry verticals |
About CDNetworks
As the APAC-leading network with over 2800 global Points of Presence and more than 20 years of technology experience, CDNetworks embraces the new era of Edge and takes it to the next level by using the Edge as a service to deliver the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, zero trust security, and colocation services — all of which are uniquely designed to spur business innovation. To learn more, visit cdnetworks.com and follow us on LinkedIn.
Media Contact
CDNetworks Co. Ltd
[email protected]
www.cdnetworks.com
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A New York judge will soon address complex regulatory issues in the case involving Richard Heart, founder of the crypto token Hex. The SEC has accused Heart of selling unregistered securities and misusing investor funds to purchase luxury items, such as a $1.38 million Rolex and a 555-carat black diamond called “The Enigma.” Heart, based in Finland, is seeking dismissal of the SEC’s case, arguing that the SEC has overreached in its attempt to regulate global blockchain technology.
The case highlights the challenges of enforcing US securities laws on decentralized finance (DeFi) platforms and borderless crypto transactions. Heart and his supporters argue that technological innovations like Hex and the PulseChain blockchain cannot be defendants in such cases. This dispute underscores the evolving nature of blockchain technology and the difficulty regulators face in applying traditional legal concepts to these new digital assets.
The SEC has broadened its scrutiny of DeFi, with investigations and enforcement actions against various firms. However, the SEC’s approach of naming software and blockchain protocols as defendants raises concerns about developer liability and potential overreach. The outcome of this case could set significant precedents for how the US regulates the crypto industry.
Legal experts note that the SEC’s strategy might lead to developers being held accountable for the software they create, which could discourage innovation in the blockchain space. The case also raises jurisdictional questions, as Heart argues that US courts should not have authority over his actions, given his lack of direct ties to the US.
The resolution of this case could have broad implications for the regulation of decentralized and international crypto projects, as it tests the SEC’s ability to police a rapidly evolving and inherently global technology.
Source: news.bloomberglaw.com
The post Crypto Case Tests SEC’s Ability to Police Blockchain Technology appeared first on HIPTHER Alerts.
Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
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