Private Equity Moris Beracha Wuani

Moris Beracha .- The bitcoins and the main cryptocurrencies in the market were designed with some important security patterns, which make them quite difficult to steal. The fundamental aspects of cryptocurrencies include protecting user privacy, avoiding asset theft and avoiding harmful practices such as double spending. However, there are some failures that are sought out by hackers, which allow them to take over and empty some accounts, leaving losses, in some cases, of thousands or millions of dollars. According to the Bit2me cryptocurrency and blockchain academy, about a billion US dollars in Bitcoin have been stolen to date. They recall the thefts in Mt Gt I and II, for a total of 769,408 bitcoins; the 173,655 bitcoins seized by the FBI when closing Silk Road; the robbery known as “Pony” Botnet, which stands out due to the number of machines involved, and which amounted to a total of US $ 220,000 in various types of cryptocurrencies that curren...

  By Moris Beracha .- Different companies that manufacture computer hardware and electronic components have launched campaigns to offer their users, a kind of “passive” mining that will allow them to make profits in cryptocurrencies with very little effort. The decision is basically due to the resounding fall in the prices of the main digital currencies, which have hit hard the assets of these companies. Given this reality, the Taiwanese company Asus, has decided to take action on the matter, specifying an alliance with Quantumcloud to develop a software that allows users of its gaming equipment, to mine cryptocurrencies while our GPU is at rest. To date the Asian technology giant has not offered details of how this tool will work and they have not explained which cryptocurrencies can be mined through it. Although the Quantumcloud website ensures that users of their application “will not get rich quickly,” they argue if they can get some money w...

By  Adrian Zmudzinski A conservative member (MP) of the United Kingdom’s ( U.K. ) Parliament has said that making payments to local authorities and utility providers with Bitcoin ( BTC ) should be possible. The MP’s statements were reported by local news outlet Express.co.uk on Dec. 10. The article notes that Eddie Hughes, a member of the U.K. Parliament for the Walsall North constituency, described himself as a “crypto enthusiast with amateur knowledge.” He notes that blockchain gets a lot of attention and members of the parliament “have a duty to understand it.” Hughes further explained that he recently met with the Royal National Lifeboat Institution, which accepts cryptocurrency donations, and that the encounter made him think: “What’s to stop us [from] being able to pay council tax and other bills with Bitcoin?” Those declarations come shortly after, as Cointelegraph reported at the end of November, the United States state of Ohio announc...

New cryptocurrency exchange has reportedly raised $27.5 million from investors which include NASDAQ Ventures and Fidelity Investments. The platform will offer cryptocurrency trading on spot and future markets starting next year.  Nevermind the Bear Market Seemingly unphased by the current bleeding conditions of the cryptocurrency market, Fidelity Investments and NASDAQ Ventures have reportedly taken part in a funding round of new cryptocurrency exchange ErisX. The total amount raised is $27.5 million,  Reuters  reports . According to the report, Nasdaq has already confirmed its participation while Fidelity is yet to respond to the requests for comment. The new cryptocurrency exchange will purportedly enable investors to trade Bitcoin (BTC) $3786.42 +0.14% , Litecoin (LTC) 0 0 , and Ether (ETH) 0 0 on both spot and futures markets. It is expected to launch in 2019 following regulatory approval. Speaking on the matter was Thomas Chippas, CEO ...

By Ana Berman          U.S. citizen Joseph Kim of Phoenix, Arizona has been fined $1.1 million and sentenced to 15 months in jail for misappropriating Bitcoin ( BTC ) and Litecoin ( LTC ) from several people, the U.S. Commodity Futures Trading Commission ( CFTC ) reports Friday, Nov. 9.   The CFTC found out that Kim defrauded his employer, a Chicago-based proprietary trading firm, transferring approximately $601,000 worth amount of BTC and LTC to his own accounts in 2017. When asked about missing cryptocurrencies, Kim falsely claimed that security issues made him transfer digital currencies to several accounts. Shortly after, the misappropriation was discovered and Kim was fired. Kim reportedly then defrauded private investors in order to return funds to his employer. According to the CFTC, he lured around $545,000 worth of cryptocurrencies from five individuals, falsely stating that he had left the company voluntarily to s...

Eustace Cryptus Pantera Capital CEO Dan Morehead believes a Bitcoin-ETF approval is insignificant in comparison to Bakkt and Fidelity launching cryptocurrency trading platforms for institutional investors. Too Early for a Bitcoin ETF, Says Pantera Capital CEO Yesterday, Pantera Capital founder and CEO, Dan Morehead spoke with Messari director of business development and panel moderator Katherine Wu at Bloomberg’s Institutional Crypto Conference.  Pantera Capital has made media waves lately as the firm is one of the first blockchain investment firms and a recent statement to investors floating around Twitter showed the firm’s investment portfolio down 73% on their cryptocurrency investments.  While speaking about the future of cryptocurrency Morehead downplayed the urgency and importance of an exchange-traded fund (ETF) backed by Bitcoin $6473.15 +0.11% . When asked about whether the approval of a Bitcoin ETF and the belief that this would b...

  By Bitcoin Exchange Guide News Team Innovative Samsung Chips Could Be Beneficial for Cryptocurrency Mining Activities Samsung started to produce a new 7nm chip known as Low Power Plus (7LPP) process node. According to the company, the new chip is able to reduce energy consumption by up to 50 per cent. The information has been released in an official press release on October the 18. The chip will be produced by Samsung Foundry, and it will allow a 40% increase in area efficiency, with a 20% higher performance of 50% power reduction. The new process is based on extreme ultraviolet (EUV) lithography technology. That means that the chips are denser and energy efficient. During the last months, cryptocurrency miners in the industry have experienced a reduction in profitability. With the current cryptocurrency prices, electricity bills cannot be paid. In some cases, miners operate losing money. With Samsung’s latest innovation, energy costs could be reduced ...

By Ana Alexandre A recent study by recruiting site Glassdoor published Oct. 18 found that crypto and blockchain-related job opportunities significantly increased in the U.S. this year, despite the slump in cryptocurrency prices. In the course of its analysis, Glassdoor examined a large number of online U.S. job postings on their site containing keywords related to blockchain, Bitcoin (BTC) and cryptocurrency. To ensure more accuracy, the company also included more general blockchain-related terms, while excluding jobs from third-party recruiting firms. To estimate salaries, Glassdoor used its “Know Your Worth” instrument. Per the report, as of August 2018 there were 1,775 unique blockchain-related job openings in the U.S., while at this time last year there were 446 similar job ads, which represents a 300 percent year-over-year increase. The highest proportion of job openings is concentrated in 15 cities, including New York City and San Francisco, wit...

By William Suberg   Cryptocurrency markets could increase ten times over from 2020, blockchain investment firm and hedge fund Pantera Capital’s co-CIO told Bloomberg Tuesday, Oct. 16. Speaking in an interview, co-CIO Joey Krug said that scalability improvements for Bitcoin (BTC) were essential to spark a shift in the deflated prices seen throughout this year. He told the network: “These are all markets, and so if you don’t have scalability, you don’t have market makers.” The comments came days after new developments on the institutional trading side of Bitcoin markets, with Fidelity Investments revealing it was testing a regulated custody solution for investors and hedge funds. While reactions from finance figures such as Galaxy Digital’s Michael Novogratz were positive, the news failed to shift market sentiment or prices in Bitcoin. For Krug, this is because sentiment requires signs of adoption of Bitcoin in the current climate, which in turn depends on capacity...

By Molly Jane Zuckerman | cointelegraph The Liquid Network sidechain for the Bitcoin (BTC) blockchain went live on Sept. 27, according to an Oct. 10 post from Blockstream. Blockstream is a blockchain development company founded in 2014, with Samson Mow as its CSO. The Liquid Network project, first announced in 2015, was then launched by Mow and Joseph Weinberg of Paycase in 2017 in order to allow for better liquidity between Bitcoin exchanges and brokers. According to Blockstream’s blog post, the Liquid blockchain generated its first block on Sept. 27, 2018 at 1:29 UTC with participation from 23 crypto industry members including Bitfinex, OKCoin, BitMEX, and the SIX Digital Exchange. The blog post explains that Liquid aims to allow for faster transactions with Bitcoin between businesses and individuals with the use of its features. These include a native Liquid Bitcoin (L-BTC) asset backed by a “two-way peg” to Bitcoin, Issued Assets bringing “bitcoin-...

By Michael del Castillo  /Forbes Marwan Forzely has come a long way since his days at Western Union. The serial entrepreneur, who sold his previous company to Western Union to help the money-transfer giant directly connect to customer bank accounts, has raised $25 million to cut intermediary banks out of the payment process altogether. Instead of relying on a series of correspondents to move money between different jurisdictions around the world, Marwan’s latest venture, Veem, uses bitcoin to directly connect its clients’ bank accounts with suppliers and customers. While neither counterparty is required to directly hold bitcoin, and an algorithm automatically routes transactions along the most efficient payment rails, more than half the transactions processed by Veem rely on the cryptocurrency as a replacement for correspondents. Led by banking giant Goldman Sachs, with GV (formally Google Ventures), Kleiner Perkins, Silicon Valley Bank, Trend ...

Billy Bambrough Bitcoin has seen quite a heavy sell-off over the last 30 days but that was preceded by a bull run, leaving the bitcoin price more-or-less flat — and reminding investors to take a wider view of market movements. Despite hitting highs of almost $7,500 earlier this month, the bitcoin price has dropped back to just over $6,300 today — pretty much exactly where it was some 30 days ago. There were fears in early September bitcoin, as well as other major cryptocurrencies including ethereum, ripple, and litecoin, were going into freefall as investors panicked over whether the much anticipated institutional money that many have been expecting to be injected into the market will actually appear. That sudden sell-off now seems to have stabilized — with many still feeling positive a major bitcoin exchange-traded fund (ETF) could be approved this month by the U.S. Securities and Exchange Commission (SEC). Elsewhere, the New York ...

By William Suberg U.S. banking giant Morgan Stanley is planning to offer clients Bitcoin trade swaps, anonymous sources told Bloomberg Thursday, September 13. Citing “people familiar with the matter,” the publication reveals the U.S. multinational will follow in the footsteps of fellow Wall Street players in pursuing Bitcoin exposure options. According to the sources, Morgan Stanley “will deal in contracts that give investors synthetic exposure to the performance of Bitcoin.” “Investors will be able to go long or short using the so-called price return swaps, and Morgan Stanley will charge a spread for each transaction,” they added. The news marks the latest commitment to Bitcoin interest from Wall Street giant, Goldman Sachs last week refuting claims it had dropped plans for a Bitcoin trading desk. A Morgan Stanley spokesperson declined to comment to Bloomberg about the plans. In addition to the unconfirmed Morgan plans, the past week has also seen banking giant Citigroup inside...

By Moris Beracha Mobile games are at their best. The Simpsons is among the most popular: Tapped Out, a game that brings together the popular yellow family. In the game, Crypto Cool is limited time line of missions. Crypto Cool begins when Homer, as per usual, is not taking his nuclear power plant job seriously, because he is spending his time playing games on his tablet instead of working. Players are to keep the nerdy character Martin talking about Blockchain, mentioning it a zillion times, never explaining exactly what it is he is talking about. At a key point in the game, Martin admits that he has only heard about blockchain "last week. But now I act like I'm an expert on it," echoing a very real occurrence in the current ecosystem. At another point in the game, Martin brags at having “mined some bitcoins with his computer, and then the value went through the roof". Another task is to get, with Martin, more characters to mine Bitcoin...