I was able to get this working in a different repo for another client. I copied the code to the other repo and get the red X. I have my container and keys set
<telerik:RadCloudUpload ID="CloudUpload" runat="server" MultipleFileSelection="Automatic" HttpHandlerUrl="~/UploadToCustomFolderHandler.cs"
OnFileUploaded="CloudUpload_FileUploaded" AllowedFileExtensions="xlsx,xls,doc,pdf,docx,png,tiff" ProviderType="Azure">
</telerik:RadCloudUpload>