Private Equity Moris Beracha Wuani

By Moris Beracha . - In the world, millions of people are participating in sports betting, either as a hobby or as a way to get easy money. Given the rise of cryptocurrencies and electronic money, some bookmakers have decided to take the technology path and open transactions that allow holders to use tokens from their personal wallets to try their luck. Within sports betting, many businesses appear and disappear almost instantly; also, some providers do not care much about delivering a good experience to their customers and many sportsbooks make deposits easy for customers but no withdrawals. In this regard, it should be noted that there are a large number of platforms for sports betting and it is not an easy task to decide which one to participate in. Being able to invest a Bitcoin or any cryptocurrency requires to take into account different factors, such as the opinions of existing users, the levels of quotas and promotions, withdrawal limits ...

By 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 th...

By Moris Beracha .-  There are food and sweet vending machines all over the world. Therefore, this market has become the target of some developers, who are working to enable people to pay for products into vending machines with cryptocurrencies. It can be highlighted that the energy drinking company “Red Bull” installed the first energy drink machine that only accepts bitcoins (BTC) in 2016, amid the Paralelni Polis congress of hackers in Prague, the Check Republic. Then, the price of tokens dropped and many companies that planned to develop this type of technology decided to turn a blind eye, until in 2019 they decided to take up said systems. In this sense, it is important to mention that a Brazilian programmer and hardware hacker created a Coca-Cola vending machine accepting payments in BTC. The machine also accepts Lightning Network (LN) transactions. According to the TheNextWeb site, “this machine has been assembled by using a water pum...

By Moris Beracha .-  Years ago, Artificial Intelligence (AI) left the realm of science fiction to enter our lives and, although it is still in the early stages, its rise will lead to a boom comparable to the advent of the Internet in the past. According to experts, this technological innovation “is the combination of algorithms to create machines with human-like skills”. Faced with this reality, the leader in delivering enterprise software, IFS, announced the connection of new AI-enabled and collaborative integrated systems with tailor company systems to gain the crucial intelligence of larger financial markets and industries in real time, delivering massive financial and strategic value by 2019. “Systems like IFS Enterprise Operational Intelligence (EOI) will become essential as large corporations become more entwined with world markets and the pressure to turn data investments into value increases,” said Steve Treagust IFS Global Industry Dire...

By Moris Beracha .- The Venezuelan government has carried out a massive advertisement campaign nationally and internationally, to promote its crypto asset called “Petro”, which has taken center stage, since it is used and anchored to the local currency and accounting unit in the finances of the South American nation. Not only is the referred token commercialized in the country, which is backed by the huge oil reserves, but also digital entrepreneurs have decided to develop new cryptocurrencies that allow Venezuelans to protect their money in the face of a serious economic crisis that could not be controlled by the administration of President Nicolás Maduro. In this sense, the head of the Venezuelan Association of Cryptocurrency (Asonacrip), José Álvarez, has stated in different media “there is a modest number of successful developments beyond the petro in Venezuela.” It should be noted that in addition to bitcoin, dash and the bolivar, Venezuelans ha...

By Leigh Cuen Bitcoin wallet and blockchain explorer provider  Blockchain just launched its first exchange platform. Blockchain’s head of retail products, TD Ameritrade alum Nicole Sherrod, told CoinDesk the custodial exchange, called The PIT , can connect to non-custodial Blockchain wallets for nearly instant transfers. Registration opens today, with the ability to trade up to 26 assets rolling out over the next two weeks. Sherrod said that with nearly 40 million wallets already created – and an exchange matching-engine set up in London’s Equinix LD4 data center – PIT could be posed to attract more liquidity than competitors. “That’s what market makers are looking for,” Sherrod said. “They want to co-locate [data center servers] with you, they want to directly connect to your matching engine. It’s the way it’s done on Wall Street.” Indeed, Tom Haller, previously the chief software architect for trading systems at the New York Stock Exchange, co...

By Adrian Zmudzinski Youniqx Identity AG, a subsidiary of the Austrian State Printing House, has developed a cryptocurrency hardware wallet, reveals a press release published on July 29. Per the report, the hardware wallet — named Chainlock — enables the offline storage of private keys allowing access to cryptocurrency wallets. The device is reportedly capable of generating the private key, and is also water and heat resistant. The wallet in question will be available via the firm’s partners, including Tokenize Exchange in Singapore and Coinfinity in Central Europe. The release further claims that the Austrian State Printing House is specialized in identity document manufacturing that “implements and offers personalisation solutions for identity documents such as the highly secure Austrian passport.” The printing house has been active in document management for over two-hundred years. As Cointelegraph recently reported, Daimler, the German multi...

By Martin Young The fallout from last week’s US senate hearings on Facebook’s Libra project is still being felt across the crypto ecosystem. Many are blaming the social media giant for Bitcoin’s recent correction but in reality it is just part of the natural rhythm of the market. Bitcoin Back at Four Figures Following a week of consolidation Bitcoin fell back below $10k during Asian trading today. It is the third dip into four figures since BTC hit its 2019 high of $13,800 at the end of June. The previous two times have seen lower lows so in all likelihood BTC will fall to $9k or below in this correction. According to Tradingview , BTC dipped to $9,870 a couple of hours ago. The move has resulted in a 5 percent slide on the day and another thousand dollar decline from its weekend high of $11,000. Analysts are expecting a further fall into the $8,000 zone which will present buying opportunities for many. The down trend is clearly intact and with lower highs f...

    By William Suberg     Venezuelans traded more bolivars for Bitcoin ( BTC ) than ever before last week, but the statistics say more about fiat than cryptocurrency .  Yet another Bitcoin volumes record for Venezuela Data from Coin Dance , which tracks trading activity on P2P exchanges Localbitcoins , Paxful and Bisq , confirmed the seven days to July 20 were Venezuela’s biggest on record. During that period, users on LocalBitcoins alone generated volumes of over 57 billion bolivars, beating the previous all-time high of 49 billion, which appeared in the previous week. Weekly LocalBitcoins Volume (Venezuelan Bolivar) Courtesy of Coin.dance As Cointelegraph reported , Venezuela’s currency continues to suffer from runaway inflation, which estimates claim has reached 10,000,000% , leading citizens to resort to alternative means of storing value. The country’s official alternative, state-issued digital currency Petro , was declared...

By Ana Alexandre   The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines and Agriculture on July 22. Iran’s Economic Commission approves crypto mining ‘mechanism’ Governor of the Central Bank of Iran (CBI), Abdolnaser Hemmati said that “a mechanism to mine digital coins was approved by the government’s economic commission and will later be put to discussion at a Cabinet meeting.” Initially, Iranian authorities announced that they are planning to authorize Bitcoin and cryptocurrency mining earlier in July, when the CBI governor Abdol Hemmati reportedly claimed that the Iranian government had approved some parts of an executive law that would authorize mining of cryptocurrencies in Iran. At the time, Hemmati argued that digital currency miners in Iran should contribute to the country’s economy, rather than letting mine...

By Moris Beracha .-The Venezuelan government has carried out a massive advertisement campaign nationally and internationally, to promote its crypto asset called “Petro”, which has taken center stage, since it is used and anchored to the local currency and accounting unit in the finances of the South American nation. Not only is the referred token commercialized in the country, which is backed by the huge oil reserves, but also digital entrepreneurs have decided to develop new cryptocurrencies that allow Venezuelans to protect their money in the face of a serious economic crisis that could not be controlled by the administration of President Nicolás Maduro. In this sense, the head of the Venezuelan Association of Cryptocurrency (Asonacrip), José Álvarez, has stated in different media “there is a modest number of successful developments beyond the petro in Venezuela.” It should be noted that in addition to bitcoin, dash and the bolivar, Venezuelans have ...

By Moris Beracha .-  In spite of the financial sanctions imposed by the United States, the European Union and other countries of the world on the government of Venezuela, the president of the Latin American country, Nicolás Maduro, is seeking to find resources through the cryptocurrency Petro. It is important to mention that this token, which is backed by certified oil reserves and precious metals lacks international confidence, which is fundamental for obtaining economic benefits. Despite the complicated scenario, the so-called “Bolivarian and revolutionary” government announced that from October 29, 2018, Venezuelans or any citizen in the world will be able to buy the Petro with convertible currencies such as the dollar, the yuan or the euro and with bitcoin, Ethereum, Nem, among others. In this sense, the vice president for the economic area, Tarek El Aissami, said in a press conference that whoever wants to buy petros with other cryptocurrenci...