Private Equity Moris Beracha Wuani

By Ana Berman An official from Spain’s central bank , the Bank of Spain (BDE) believes that Bitcoin ( BTC ) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a report published on Sunday, Feb. 17. The study dubbed "Bitcoin: a solution for payment systems or a solution in search of a problem?," is marked as an “occasional paper,” according to Cointelegraph en Español . This  means that the Bank of Spain does not necessarily share the stance of the author. Colesa compared Bitcoin to traditional payment systems and financial intermediaries. First, he says that the Bitcoin blockchain processes only 250,000 transactions daily, which is a relatively small volume for a global system. For instance, major Spanish retail system, the Sistema Nacional de Compensación Electrónica (SNCE), reportedly...

By Jamie Redman News.Bitcoin.com According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. New Ransomware Called H-Ant Attacks Mining Rig Operators in China Ransomware creators have found a new target to attack in the form of bitcoin mining operations. Unlike most traditional ransom attacks, where victims have to obtain coins in order to pay the ransom, victims of the H-Ant ransomware have cryptocurrencies on hand to pay the malicious attackers. The H-Ant ransomware that specifically targets certain Antminer brand rigs was first discovered by cybersecurity experts back in August 2018 but the malware did not become prevalent until this month. H-Ant can attack an S9 model, T9, and possibly even L3 Antminer brand litecoin miners. There have a...