Private Equity Moris Beracha Wuani

Cryptocurrency is taking another step towards the mainstream as mobile carrier AT&T announced it would accept payments in crypto today, according to a  release from the company. Customers can pay their mobile bills via BitPay when they pay online or in app. BitPay is one of the largest cryptocurrency payment processing firms, processing bitcoin transactions. AT&T hasn't gone all in on crypto yet, as of now the option to pay through BitPay is only extended to bill transactions. Though the move may seem positive for crypto users, Joe McCann, a former crypto hedge fund  manager at Passport Capital, told The Block the move seemed to come out of left field and speculated that perhaps the company has internal data showing more millennials utilizing crypto payments. "What upside does AT&T have in supporting crypto payments?" he asked. McCann's questions of internal data may not be off-base, as Kevin McDorman, vice president, AT...

By Catie Keck Facebookcoin, or whatever we’re calling it, is reportedly getting even closer to becoming a reality. Following previous reports that such an project was underway, the Wall Street Journal , citing sources familiar with the matter, reported Thursday that Facebook has been in talks with “dozens” of financial groups about its super-secret cryptocurrency initiative, which is apparently code-named “Project Libra.” Take from that information whatever you wish. According to the Journal, Facebook sees the project as a way to further integrate itself into the lives of its users—no surprise there—by developing a coin that can be used on Facebook and across the internet as easily as users use their Facebook credentials as login information for other websites and services. Unsurprisingly, because this is Facebook, the company is also reportedly looking at ways to link the project to ads: One idea being considered is that users could click ads to buy a pr...

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 pump, a to...

By Moris Beracha .- Credit cards are financial instruments that allow users to perform certain operations from an ATM and pay for goods and services in installments. When speaking of credit payments, we must name Visa and Mastercard, two major credit card networks in that global market. Visa has publicly supported cryptocurrency and blockchain as part of the future, while Mastercard has patented in the US a method to “manage cryptocurrency fractional reserves in blockchain”. It means that Mastercard wants to create means for easing payments combined with the benefits of traditional payment systems. Also, it is highlighted that Visa and IBM announced their partnership as part of their new Ethereum payment platform initiative. Their role in what is also known as economy 4.0 can be essential for their development, since payment methods could become quicker, easier and safer processes. The blockchain designers are ready to work with any project requested by...