Private Equity Moris Beracha Wuani

By Nikita Malik | Forbes  Bitcoin photo credit: Getty Getty According to a 2015 Europol report , bitcoin was used in over 40% of high profile investigations involving payments between criminals in the European Union. To understand why this is, we must examine the anonymity that such a service offers. Bitcoins are created through a process of ‘mining’ to verify each transaction on the blockchain. While information regarding each transaction is recorded on the blockchain, it is not directly linked to names, physical addresses, or other identifying information. This makes it anonymous to a certain degree, and complicates efforts by law enforcement agencies to identify individual transactions and link them to users. Terrorists and criminals use bitcoin for illicit transitions, as it provides financial security. The blockchain acts as an impartial intermediary, ensuring that coins are irrevocable once spent. The network hampers any attempt made to rec

By Ana Berman    Two energy divisions of German tech giant Siemens have joined a blockchain-driven energy platform to promote the use of decentralized technologies in the sector, according to a press release published Wednesday, Nov. 21. According to Siemens, its Energy Management and Power Generation Services departments are partnering with open-source, scalable blockchain platform Energy Web Foundation (EWF), founded in 2017 to elaborate regulatory, operational, and market solutions for the energy sector. Siemens officials believe that blockchain technology will help increase interoperability in the area, linking consumers with energy producers and network operators, the press release writes. Moreover, the technology could help increase the efficiency of energy systems and enable new forms of project financing. The statement also notes that Siemens is already using blockchain accompanied by microgrid control solutions to optimize control over

Central banks should issue their own digital currencies to replace a crisis-prone banking system and shut out cryptocurrencies By Nouriel Roubini T he world’s central bankers have begun to discuss the idea of central bank digital currencies (CBDCs), and now even the International Monetary Fund and its managing director, Christine Lagarde , are talking openly about the pros and cons of the idea. This conversation is past due. Cash is being used less and less, and has nearly disappeared in countries such as Sweden and China. At the same time, digital payment systems – PayPal, Venmo, and others in the west; Alipay and WeChat in China; M-Pesa in Kenya; Paytm in India – offer attractive alternatives to services once provided by traditional commercial banks. Most of these fintech innovations are still connected to traditional banks, and none of them rely on cryptocurrencies or blockchain . Likewise, if CBDCs are ever issued, they will have nothing to do with these

Blockchain News In a bid to showcase some of its technological advancement and show its support for the blockchain technology, North Korea has announced plans to hold a blockchain and cryptocurrency conference. This comes on the heels of a similar conference held in August. The country announced that plans are already in the works for them to host some of the foremost experts in cryptocurrency operations and blockchain technology from all over the world to speak and share some of their knowledge in the Pyongyang Blockchain Conference, which is slated to hold for a whole week. Within this week, guests and delegates will also be treated to a tour of the country, the Independent UK reports. A promotional website for the event says experts in the “blockchain and crypto industry will gather for the first time in Pyongyang to share their knowledge and vision, establish connections and discuss business opportunities” However, it is also important to note tha

Moris Beracha .-  The discussion on the regulation and use of cryptocurrencies in Europe and other countries worldwide is ignited and many countries regard these digital assets as significantly important in the economic future of countries. At the meetings of the General Assembly of the United Nations Organization, held in New York City this 2018, the Prime Minister of Malta, Joseph Muscat, said that digital assets will inevitably be the future of money thanks to Blockchain technology and for that reason the governments of the world should pay special attention to this issue. “I passionately believe technology revolutionizes and improves systems. That’s why in Malta, we have launched ourselves as the Blockchain Island. By being the first jurisdiction worldwide to regulate this new technology that previously existed in a legal vacuum. Blockchain makes cryptocurrencies an inevitable future of money. More transparent, it helps filter good business from bad

By Ana Berman A recent Bitcoin scam on Twitter that compromised several major companies verified accounts came from a third-party app , tech news outlet the Next Web (TNW) reports Friday, Nov. 16, citing social media officials. Speaking to TNW, a Twitter spokesperson confirmed that the attack came from an outside software provider and not from Twitter’s own system. However, the official refrained from naming the app. The spokesperson reportedly explained that the attackers exploited a third-party marketing solution to launch a Bitcoin ( BTC ) giveaway from several verified accounts, including Google’s G Suite and major U.S. department store retailer Target. The information was implicitly confirmed by Target. Its representatives told TNW that the hackers used a third-party marketing app, authorized to post content on Target’s behalf. As Cointelegraph previously reported, on Wednesday, Nov. 14, hackers took over G Suite and Target accounts (800,000 and 1.92 mi

By Adrian Zmudzinski  Analysts at Bloomberg Intelligence predict that Bitcoin ( BTC ) “has further to fall,” Bloomberg reported Nov. 16. “Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the $1,500 point, a further 70 percent drop in the coin’s price. Bloomberg cites hedge fund founder Travis Kling saying that he “didn’t sleep well” because of the potential turmoil in wider crypto markets due to the recent Bitcoin Cash hard fork : “There’s a small chance that, it’s difficult to estimate, that something really bad could happen related to Bitcoin Cash that could then impact the entire crypto market.” Bloomberg Intelligence analyst Mike McGlone continued the argument, saying the recent market crash “was sparked by the pump for the Bitcoin Cash hard fork.” As Bloomberg reports, he explains that the “pump that began a few weeks ago, got the market a bit too offsides with speculative longs play

  By Matthew Beedham It seems we might never win the battle against fake cryptocurrency apps on Google’s Play Store, as another four have been identified this week. The apps were masquerading on the Play Store as cryptocurrency wallets for NEO, Tether, and MetaMask. The dodgy apps were uncovered by security researcher Lukas Stefanko and had managed to amass a few hundred installs in total and have been available on the Play Store since mid-October. They have since been reported to Google and removed from the Play Store, it remains unclear if anyone was duped by any of these apps. What did they do? Despite all being wallet styles apps, they fall into two broad categories, phishing apps or fake wallets. The fake MetaMask app was the only phishing app of the four. After installing and opening the application, it would ask the user for their private key and wallet password. Once the app obtains this sensitive data, it would send it on to the scammers, siphon