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Proof-of-Stake Altcoin Project Soars 122% in Less Than a Week As Crypto Markets Jump – The Daily Hodl

A proof-of-stake blockchain project that offers a toolkit for building decentralized applications (DApps) is riding a wave of momentum to higher valuations.

The Waves (WAVES) ecosystem aims to arm developers with a wide variety of building options, including for decentralized exchanges (DEXs), automated market makers (AMMs), lending, and non-fungible tokens (NFTs).

The project also offers tokenization and smart contracts while striving for low carbon emissions.

According to the project website,

Waves technology stack can benefit in any use cases that demand security and decentralization open finance, personal identification, gaming, sensitive data and many others.

The price rise follows the recent announced of Waves 2.0, which is designed to be highly scalable and compatible with the Ethereum Virtual Machine (EVM). The WAVES token offers block rewards and the Waves Association DAO (decentralized autonomous organization) emphasizes community participation.

According to DeFi tracker DeFi Llama, the Waves ecosystem currently has over $1.66 billion in total value locked (TVL).

The TVL of a DeFi protocol represents the total capital held within its smart contracts. TVL is calculated by multiplying the amount of collateral locked into the network by the current value of the assets.

At time of writing, Waves is the 65th-largest crypto asset by market cap. As crypto bounces back, WAVES is up a whopping 42.22% on the day and trading for $17.89, significantly outperforming most of the overall digital asset marketplace.

A week ago the altcoin was priced at $8.56 before soaring 122% to a high of $19.08 earlier today.

Featured Image: Shutterstock/BuyDigitalDesign.Com

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eBay Could Soon Permit Bitcoin, Ethereum, and Altcoin Payments – FX Empire

Key Insights

Multinational eCommerce giant eBay is reportedly looking into accepting cryptocurrency as a means of payment, said CEO Jamie Iannone in a recent interview.

The e-commerce marketplace, which aims to be a place for Gen-Z and millennials, is studying the possibility of adding cryptocurrencies as possible means of payment. In a recent interview, Iannone said that the firm could announce on March 10 during its day dedicated to investors.

Iannone said:

Were just completing our transition to manage payments where were now managing $85 billion of volume on our platform directly. This gives us the ability to open up new forms of payment.

Interestingly, over the last few months, quite a few surveys have highlighted that millennials tend to be the most crypto-friendly demographic, which explains eBays upcoming venture into the crypto-verse.

Until now, the e-commerce platform had shied away from fully embracing cryptocurrencies even though it embraced non-fungible tokens (NFTs) last year May. Without making any official announcement, Iannone pointed out the growing popularity of NFT trading on its platform.

Furthermore, talking about eBays stance on emerging technology such as blockchain and cryptocurrencies, Iannone said that the company altered its policies last year to make the e-commerce platform a place to buy and sell anything.

He added that the firm has been looking to integrate crypto payment options for quite some time, owing to the growing demand of the asset class.

While eBays decision to integrate cryptos would be much appreciated in the market, this wouldnt be the companys first dabble with cryptos. Notably, eBay first tried integrating BTC payments back in 2014, when BTC was still in its nascent stages.

Last year in May, there were speculations that eBay was exploring Bitcoin payment integration and NFT trading. Seemingly, the crypto payment integration plan could now see the light of the day as crypto adoption becomes mainstream.

eBay accepting cryptocurrencies like Bitcoin and Ethereum could further aid mainstream adoption. In the recent interview, when Iannone was asked whether eBay will add digital currencies such as BTC and ETH to the means of payment, he pointed out highlighting the platforms goals that:

eBay will be the place where people trade goods, whether they be physical or digital. So over time, you know, we want this to be the marketplace for sustainability.

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Ethereum and major altcoins take a dive as price remains volatile – finder.com.au

Ethereum, the world's second largest cryptocurrency by total capitalisation, has continued to track the movements of the crypto market at large, dipping as low as AUD$3,450 after having scaled up to a relative high of AUD$3,600 over the last 24 hours. As a result of its ongoing price volatility, the altcoin is showcasing monthly losses of 15% while trading at a price point of AUD$3,434.

These bearish movements have been spurred by a major meltdown witnessed by the global equities sector, with the market having been on the receiving end of a AUD$3.92 trillion (US$2.9 trillion) wipe-out since the start of the month.

Ethrereum hasn't been the only altcoin to be experiencing such a freefall, with recent investor favourite Solana (SOL) also recording a brutal year-to-date correction of over 48%, resulting in the total cap of the digital asset industry collectively slipping from AUD$3.38 trillion (US$2.5 trillion) to AUD$2.3 trillion (US$1.7 trillion) over the last 60-plus days.

Solana's dismal performance can in large part be attributed to the network facing a total of 6 major outages between Q4 2021 and early 2022. In fact, the most recent incident that took place in January was linked to a distributed denial-of-service (DDoS) attack, resulting in the platform's dev team having to overhaul its native code structure in a big way.

There have also been fears that Solana is becoming increasingly more centralised. The cost of becoming a validator within the network increased greatly in recent months, allowing only a select few individuals to acquire the recommended hardware (a 12-core 2.8GHz CPU, 128GB RAM, a high-speed 1TB SSD drive and others).

How to buy Ethereum

Since entering into a full-blown territorial conflict with Russia a little over a week ago, Ukraine has continued to amass the sympathy of people across the globe. Crypto donations sent directly to government-maintained wallets have been able to accumulate approximately AUD$54 million (US$40 million).

Charities such as the Reserve Fund of Ukraine (backed by prominent local crypto exchange Kuna) and Come Back Alive have been able to garner ETH, BTC, USDT donations worth AUD$17.5 million (US$13 million) and AUD9.72 million (US$7.2 million) respectively.

eBay CEO Jamie Iannone revealed in a recent interview that his company may be on the verge of integrating crypto payments into its existing financial framework. The firm is also looking at the possibility of creating its own NFT trading ecosystem. However, no specific plans regarding the same were divulged.

Iannone said that eBay has been closely studying the crypto market over the last few years so as to diversify its payment procurement methods. In fact, the company had tried integrating support for BTC payments as far back as 2014.

Interested in cryptocurrency? Learn more about the basics with our beginner's guide to Bitcoin, dive deeper by learning about Ethereum and see what blockchain can do with our simple guide to DeFi.

Disclosure: The author owns a range of cryptocurrencies at the time of writing.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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The unknown reason why Cardano is looking forward to 17 March – AMBCrypto News

Cardano and its fundamentals continue to be a major attraction for investors and developers despite its lukewarm performance over the last six months. Now, unlike other altcoins, Cardanos downfall began three months prior to the rest of the market. Even so, investors are hoping that it could come to an end soon.

Project Catalyst is a quarterly innovation fund campaign initiative used to support projects proposed by developers. The Cardano Treasury will be setting aside $16 million for Fund eight. Interestingly, Fund seven has seen 269 projects funded with $8 million. And, this quarter could see double the number of projects receiving funding.

Since its inception, Project Catalyst has been doubling its funding every quarter, making it the worlds largest decentralized innovation fund.

Project Catalyst history | Source: IOHK

The proposals coming in for Fund 8 have a deadline of 17 March. It is being anticipated that after the proposals come in, Cardano would make impressive moves on the price charts. Development and the community have for long been Cardanos strongest suits. Building upon them would reflect well on the price action. It might as well boost investors interest too.

Such recovery would be crucial for Cardano since the altcoin has not recorded any major hikes since September. While there had been a couple of recovery attempts, they failed to sustain themselves. In the last four days, the markets bearishness has invalidated 28 Februarys rally of 12.49%. ADA, especially, has dropped by 13.29% over the same period.

Trading at $0.834, Cardano is already at its yearly low. If, after 17 March, a rally comes into the picture, ADAs immediate goal would be to test $1.02 as support.

Furthermore, a recent spike of $42.64 billion in transaction volume indicates that people still have hopes for Cardano. Notably, addresses with balances havent come down recently. This means people arent exiting on the back of market losses.

The increase in the volume, combined with investors conviction, is proof that investors are active.

Worth pointing out though that they are looking for a concrete recovery signal. This will be very beneficial once actual recovery begins.

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Best NAS Deals: Save Up to $700 on WD and Buffalo Drives – CNET

If you're running a business or organization with multiple employees, what's the best way to make sure everyone has access to all the files they need to keep work moving along without major hang-ups or delays? It's not practical to send every file or image to everyone individually, and whilecloud storage services are great, they can be limited and pricey when you're looking at larger multi-terabyte capacity plans.

Opting for a network attached storage drive, or NAS drive, is one of the most effective and efficient ways to manage your data across multiple computers and devices. They essentially act as a self-contained cloud, with one or more high-capacity storage drives that any devices on the network can access. As long as you don't mind spending a little money up front, they're one of the most cost-effective ways to provide simple and secure data access to everyone who needs it, especially compared to the subscription model of most other cloud storage solutions.

With a little digging, you can shave hundreds off the initial cost of a NAS drive as there are plenty of deals and sales out there. Below, you'll find our round up of some of the best offers you can shop at the moment. We'll keep updating this page as deals come and go, so be sure to check back often to make sure you're getting the best deal possible.

If your organization primarily uses Windows, then this 8TB Buffalo network attached storage drive is a great pick. It's powered by Windows Server IoT 2019, which means it's designed to seamlessly integrate into a Windows environment. Plus, it has Hyper-V and DHA, which offer increased data protection capabilities. It's currently discounted by $600, but you can save an extra $100 when you use the promo code GMBBQA328 at checkout.

Despite its substantial 16TB capacity, this WD drive is primarily designed for home use and personal storage. It plugs directly into your home Wi-Fi router, and allows you to access your data from anywhere with an internet connection using the companion My Cloud Home apps. Its "Mirror Mode" keeps your data secure by automatically duplicating any files stored on one drive and backing it up on the other.

The My Cloud EX2 Ultra makes network attached storage simple. The easy plug-and-play set-up only takes a few seconds, and allows you to access your files from anywhere with the My Cloud companion app. It's equipped with dual 4TB WD hard drives for 8TB of total storage, and is powered by WD's My Cloud OS 3 which automatically syncs your data across devices. Plus, it allows you to easily transfer your data to and from a supported cloud service such as Dropbox or Google Drive. It currently lists for $420, but you'll automatically receive the $90 discount at checkout.

At $250, this Buffalo Linkstation is the most affordable NAS on this list, and it also has the smallest storage capacity of 4TB. It has multipleRAID settingsand is equipped with a built-in DLNA media server, which allows you to stream HD content directly to smart TVs, gaming consoles and other media players. If you're looking for an entry-level NAS option, this is your best bet.

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Equalum Supports All Required Cloud Targets with Latest Platform Update – Database Trends and Applications

Equalum, a provider of data integration and ingestion solutions, is releasing version 3.0 of Equalums Continuous Data Integration Platform (CDIP), natively supporting all data integration use cases under one, unified platform with zero coding, including all required Azure, AWS, and Google Cloud Targets.

Equalum supports real-time streaming use cases as well as Batch ETL, Replication, and Tier One Change Data Capture.

Introducing next-level functionality and simplicity, Equalum CDIP provides a drag and drop interface for real-time and batch data pipeline creation.

The solution delivers equal or better performance levels in multi-use case scenarios than users typically experience when using single use-case tools, such as CDC or Streaming ETL tools without CDC, according to the vendor.

Equalum allows data teams to go from zero knowledge of the platform to basic knowledge with only a few days of onboarding, after which they can go live with their first use case implemented within an hour.

With Version 3.0, Equalum has added dozens of new capabilities to facilitate complex transformations and data manipulations with ease in addition to other new offerings and enhancements.

We have again sharpened our focus on the high-demand data integration/ingestion sector with this powerful 3rd generation Continuous Data Integration Platform, said Guy Eilon, CEO of Equalum. Our latest advancements will be instrumental and uniquely position the company to capitalize on the incredible demand we see in 2022 and beyond.

For more information about these updates, visit http://www.equalum.io.

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Best Android Apps To Backup/Restore Data – BollyInside

This list is about the Best Android Apps To Backup/Restore Data. We will try our best so that you understand this list Best Android Apps To Backup/Restore Data. I hope you like this list Best Android Apps To Backup/Restore Data. So lets begin:

Your Android phone or devices in particular can do a lot of heavy lifting, the most useful of which may be storing data. An Android device can act as a mobile hub for photos, videos, emails, and even sensitive business documents. So imagine how you would feel if one day out of the blue you lost everything stored on the internal or external memory card of your Android phone. Ask anyone who has witnessed this charade and they will tell you the immensity of their heartbreak. There are many reasons why Android devices can lose data sometimes. Whether it is a system crash or a virus attack, there are many things that can comprise the security of your Android phone.

You should always back up your files. It is one of the most important things a person should do with their electronic devices. You never know when things are going to go wrong and you dont want to lose any of your belongings when such events happen. Fortunately, there are plenty of ways to back up your files and apps on Android. For this list, lets take a look at the best Android backup apps. Unfortunately, the app scene for this is weakening as native tools become more popular.

New files on your device are uploaded to cloud storage. New files in cloud storage are automatically downloaded to your device. If you delete a file from one side, it will be deleted from the other side. Works on multiple devices (your phone and your tablet). If your folders are synced to the same cloud storage account, they will stay in sync with each other.

This is how cloud storage clients work on desktop, but its not the same with their official Android apps. They are all manual. Our apps are all about automation. For example, they can be set to instantly upload new photos. Those photos can be automatically downloaded to your other devices. If you later delete the bad photos on one device or in your cloud storage account, our apps will delete them everywhere.

G Cloud offers a wide variety of storage capacities for its subscribers. Not only can you download your files to G Cloud servers easily and securely (more on that below) in seconds, but the platform will also let you view, share, and manage your backed up essentials.

The overall design of the G Cloud app is sleek, and the interface itself is snappy and responsive. The home page shows you how many files are pending upload, how many are currently stored, and when the last backup was made. You can manually stop and resume your backup from the home page, and theres even a Cloud Gallery button to view the photos and videos youve backed up.

Google Photos is a complete consumer photography workflow app for mobile and web that lets you organize, edit, and share your digital photos. Although Google Photos has ended its unlimited online storage policy, the app is still impressive and useful. Its real differentiator is artificial intelligence that automatically produces artistic content from your images and suggests which photos to share with which contacts, even allowing you to have photo conversations.

Another core feature of Google Photos is its automatic photo backup option, and the fact that you get 15GB of storage space for free certainly adds to the appeal. Its a compelling reason for iPhone users to choose Google Photo, as Apple only offers 5GB of free storage with its iCloud Photo Library. Google Photos will also serve most Android users well, despite competition from valuable photo-editing apps on the Google Play app store.

Googles new Backup and Sync software (15GB free; larger storage options available for a fee) tries to take advantage of existing Google Drive and Google Photos products by adding a file backup option. It has many limitations, but two key advantages. First, its simple. Second, it works with Googles free storage tier and all of its paid tiers for Google Drive, which is reasonably affordable.

Each of them is optional. Lets start with what it does before I tell you what it doesnt. It allows you to select folders anywhere on internal and attached volumes that are synced with Google Drive storage in a Computers section. It can ask you if you want to back up files to connected USB drives and camera cards, and remember that preference, just like Dropbox.

You can not only play audio files from pCloud, but also create playlists. So with the mobile app, you can listen to your playlists on the go. And the video player is also impressive, with a picture-in-picture mode that allows you to play videos while you continue with other tasks.

With pCloud Rewind, you can see a preview of your pCloud account from a certain date in the past. From here, you can restore or download previous versions of files. Its a little more difficult to access than some competitors, as you have to rewind your entire account rather than clicking on an individual file to see previous versions, but its useful nonetheless.

Dropbox offers features that will appeal to both the personal and business user. For businesses, built-in tools like Google Docs and Microsoft Word enable seamless workflow and collaboration. (Check out the best cloud storage for collaboration.) That said, this review focuses on the personal plans and features of the service.

Many users stick with OneDrive and Google Drive because they dont want to give up their favorite productivity tools. Dropboxs decision to integrate Office 365 and Google Workspace was a wise move and should give users confidence that they can seamlessly migrate to the platform.

Features include end-to-end encryption and publishing your source code on GitHub, so anyone can audit it for security issues. Mega is generally intuitive and easy to use, with cross-platform tools available on Windows, macOS, Linux, Android, and iOS.

Mega strikes that nice balance between features and simplicity, running on almost all devices. You can have it look at specific folders on your computer, as well as upload files through the web interface. A file of any size can be uploaded, as long as it stays within its overall quota, and the service also supports version control, allowing documents to be retrieved from previous versions.

This is definitely not ideal as the company is also based in the United States, part of the Five Eyes surveillance network. The AES 256 encryption that the company uses is secure if you have control over your encryption key, but thats not always the case when you use IDrive.

IDrive has certified its compliance with the EU-US privacy protection frameworks. USA and Switzerland-USA The Privacy Shield covers data protection requirements when data is transferred between the United States and other countries. This means that IDrive has made a public commitment to comply with the requirements of the Privacy Shield.

OneDrive has just about everything you want in a cloud storage platform. It is affordable and highly secure, with strong encryption frameworks. Business customers also get access to a wide range of audit and compliance capabilities. When data is in transit between your device and Microsoft data centers, its encrypted using Transport Layer Security, which is the industry standard. When at rest on Microsoft servers, all files are encrypted using the 256-bit AES standard.

OneDrive makes it easy to back up your Windows laptop or desktop, giving users a great deal of control over how often device data is synced and where that data is stored. If youre looking to protect your personal or business device from data loss, Microsoft OneDrive is a great option.

Icedrive offers a sleek and easy-to-use interface, and its also light on the hard drive, as files are never permanently downloaded to your computer. Their free plan is very generous, offering 10 GB of space at no cost. However, it still lacks collaboration options like upload links for folders and integration with third-party productivity apps like Google Docs and Microsoft 365.

Icedrive is a promising newcomer to the cloud storage scene, with a focus on privacy and security. With its elegant interface and excellent security features, Icedrive seems destined for a great future. However, you are entering a crowded field, with strong competition from the best cloud services.

I hope you understand and like this list Best Android Apps To Backup/Restore Data, if your answer is no then you can ask anything via contact forum section related to this article. And if your answer is yes then please share this list with your family and friends.

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Google Drive Update: Search Chips is a Tool to Help a Persons Search in the Cloud; How to Use It? – Tech Times

Google Drive brings an update for its systems, and this feature will help in the search field of the system, focusing on the new "Search chips" that aim to better the tool for the public to use. The new search tool would help bring a feature for users that will focus on improving its systems when it comes to searching, especially for its thousands of files in the Drive.

(Photo : by Igor Golovniov/SOPA Images/LightRocket via Getty Images)UKRAINE - 2020/10/06: In this photo illustration a Google Drive logo seen displayed on a smartphone.

Google is turning Drive'ssearch chip betato a regular release from the company, and its focus will be on giving the public what they need when accessing the cloud storage feature. According to Google'sblog post, the company focuses on helping users optimize their search results and give the public what they need for its tools.

The company said in their Workspace Updates Google Drive is bringing it for everyone to use and not limited to the beta feature, which people only got in joining the service. People can now search using the Drive and restrict their results to specific types of names, focusing on the "Advanced Search Features" like on other platforms.

Read Also:Google Pixel Watch to Add More Colors Than Just Black, Gray, and Gold? Renders Show Sky Blue, Orange, and More

Users can use the Search chips regularly, and its only addition is a new menu of tabs with specific tags or categories that they can toggle on or off to look for a more detailed search. Google Drive will let users choose the titles or names it will display, giving an optimized release for the storage platform to display, despite having thousands of files in one's Drive.

Google has many applications on its suite, and it focuses on bringing a variety of tools that will help in office work and school, offering different tools to address many needs. One of its most notable tools is Google Drive which brought several updates throughout the years that help in its storage feature that users could access on different devices.

It recently brought an update that focuses on a security tool that willhelp safeguard the application filesfrom unwanted users, despite having access to its link shared with many. Different other tools are available on Google's suite, and all aim to bring assistance to users for their needs, mainly focusing on assisting its users.

One of the popular assistants from Google,the Assistant Snapshot, has retiredand got a replacement from the likes of Google Now.

A new addition to Google Drive's features focuses on its search tool that will give its users the different tags and focuses that advances the need to hunt for a file that sits in the Drive. It will help optimize and narrow down search results for better accessibility to help in looking for a specific item in thousands of files.

Related Article:Google March Update Will Include Faster Download Time and Better App Performances

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Written by Isaiah Richard

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Create and host unlimited online courses with no bandwidth restrictions for $100 – ZDNet

StackCommerce

Finding a platform to host your online courses isn't easy. You're usually given the choice between easy-to-use, comprehensive services or affordable, trimmed-down solutions, but OnlineCourseHost makes hosting your courses both easy and affordable.

The best thing about OnlineCourseHost is that no marketplace intermediary grabs a percentage of your profits. In fact, with this particular offer, there are no monthly fees or even transaction fees. Instead, just a one-time payment will get you a platform for your courses that includes an astonishing number of features.

You may choose your URL and brand, either the platform's free one or a custom one. Then, add videos, quizzes and interactive assignments, digital downloads like PDFs and zip files, and complementary written lessons with images and text. And the courses are automatically optimized for both desktop and mobile.

OnlineCourseHost has no bandwidth, video hosting or content storage constraints, so you can offer your students unlimited paid and free courses. You can also have student discussions private and hidden courses. Plus, you get free Google Analytics and Search Console, Course Creator Academy access and help desk support.

The platform includes the tools necessary to promote your courses, such as coupons, bundles and subscriptions. You also have lead generation and integration with Facebook and email marketing providers like MailChimp and ConvertKit, and other third parties. You only need to complete one simple form to have a beautiful sales page for your courses up and running in just minutes.

Online payments are seamless. You can connect with your PayPal or Stripe account with just a single click and get instant payouts with no fees. Additionally, you can accept credit cards worldwide and even receive payment with hundreds of currency options.

You really couldn't ask for much more. As life and self-improvement coach Jaki Wasike-Sihanya shares, "Online Course platform is helping me to achieve my dream of selling online courses with more than just a platform. The community has been helpful to get me started and given me encouragement and useful practical advice."

Don't pass up this chance to have one platform for all your online course needs. Get an OnlineCourseHost: Lifetime Subscription today while it's on sale for only $99.99.

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Amazon cuts credit for charities to access web services – The Register

Exclusive Amazon has halved the amount of credit it offers charities to access IT services operated by Amazon Web Services, sources have told The Reg.

The cloud wing of the megacorp has for several years offered a grant of $2,000 in AWS Promotional Credits to eligible non-profit organisations, brokered through a non-profit network called TechSoup Global in the US and via an organisation called Charity Digital in the UK.

Through this AWS Credit Programme, non-profit outfits had access to selected AWS cloud-based services, such as Amazon WorkDocs, Amazon WorkMail, and Amazon WorkSpaces.

However, when some UK charities came to renew their credits this time round, they found that the grant on offer from AWS that they could claim had been reduced from $2,000 to $1,000 at some point during the past year, leaving them to pick up the remainder of the bill for services that they have now come to rely on.

We were alerted to this by Reg reader John Pipal, an IT freelancer who says he has offered support to London NGOs and charities for 20 years. Pipal told us that two London-based charities he is currently working with have both been taking advantage of the AWS credit scheme to run EC2 Windows server instances for operating Remote Desktop sessions, which has apparently proven very useful during the pandemic.

One of the charity clients moved their remote desktop server onto AWS and also decided to make use of Amazon's cloud storage, as its bills for all this were completely covered by the AWS Credit Programme.

Amazon is entirely within its rights to change the terms of any credit programmes it offers to non-profit organisations, as these are provided entirely at the company's discretion. However, it appears that at least some charities were not aware of the changes, only discovering it when they came to renew their grant.

It also means that such organisations may now have to spend more of the money they accept from donations on operating costs.

"My particular gripe is that organisations that have taken up this offer could reasonably have expected that it would continue, given the behemoth's recent success, and that it will be expensive for them now, no matter what they do leave or stay," Pipal said.

A spokesperson for Charity Digital told The Register that AWS had changed its non-profit credit programme to help more charities by providing more licences to a wider pool of customers.

The credits had apparently been oversubscribed in the past, often running out quickly. To address this, AWS decided to lower the value of the credits in order to make more credits available. Admin fees that the non-profits pay have also been lowered.

In other words, it appears that the cloudy giant wants to extend the benefits of its charity programme to a larger audience. A nice idea, but tough if you happen to be a small charity and suddenly find you don't have as much to spend on IT services as you had banked on.

Amazon reported operating profit for AWS during calendar Q4 of 2021 of $5.293bn, which saw its cloud services division finish 2021 with total operating income of $18.532bn, up nearly 37 per cent year-on-year.

We asked Amazon for an explanation of the changes to the AWS Credit Programme, and the company sent us the following statement:

"Globally, the amount of AWS credits we provided to non-profit organisations increased last year. We offer a variety of programs to help non-profit customers access and experiment with the latest cloud technology. This includes grants and funding to drive modernisation and innovation, as well as free training to help upskill employees.

"We continuously review and evolve these programs to ensure the right mix of offerings are in place to support our customers."

The company did not reveal the amount of the increase in the total funding pot.

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