Private Equity Moris Beracha Wuani

By Marie Huillet      Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange. The news was announced in an official tweet from Voyager on Feb. 11. Shares are traded under ticker symbol VYGR.V, as a company blog post outlines. The listing comes following the completion of a so-called reverse takeover — also known as a reverse initial public offering or backdoor listing. Last week, Voyager had announced that its merger with former shell company UC Resources Ltd. was nearing completion. The moved allows the crypto brokerage to qualify as a TSX Venture Tier 2 Company. Generally, a reverse takeover occurs when a privately held company merges with a publicly traded company — thereby bypassing at least some of the bureaucratic scrutiny involved in the process of going public, including regulatory issues and due diligence. Upon completion of the deal, the buyer gains automa...

ETC Wallpaper - Ethereum Classic Cryptocurrency By Adrian Zmudzinski | Cointelegraph     The Ethereum Classic 51 percent attacker has reportedly returned $100,000 to cryptocurrency exchange Gate.io, a post on the official exchange’s blog reports on Jan. 12. The company further noted that they tried contacting the attacker but didn’t get any reply until now, and that they do not know the reason why the funds have been returned. The exchange declared: “If the attacker didn't run it for profit, he might be a white hacker who wanted to remind people the risks in blockchain consensus and hashing power security.” A white hat hacker is a hacker with a strong professional ethic who uses his hacking abilities for good and not for personal gain. The jargon file , a staple of hacker culture, further explains: “The term white hat [stands] for an ally or friendly security specialist.” On Jan. 9, Gate.io published their analysis of the 51 percent attack, fi...

By Marie Huillet    Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information regarding all trades of cryptocurrencies across three domestic crypto exchanges . An official announcement published on the agency’s website reported this development on Jan. 14. The authorization means that three unspecified Danish crypto exchanges now have legal disclosure obligations to hand over identity information that includes names, addresses and personal tax numbers, as well as details of all crypto transactions made on their platforms between Jan. 1 2016 to Dec. 31 2018. The Tax Authority has said it will use the information to ensure that citizens who have traded in crypto have duly paid the correct tax. Karin Bergen, a director at the agency, is quoted as saying that its fresh mandate will give it completely new opportunities in relation to its control in the cryptocurrency sector.   Any information pertaining to f...

By Nathan Vardi | Forbes While more than $600 billion of cryptocurrency wealth has been wiped out in the last several months amid a market meltdown, the man who facilitates a big chunk of the nation’s cryptocurrency trading has become a billionaire.  In late October, Brian Armstrong, the CEO of cryptocurrency exchange operator Coinbase, oversaw a financing round in which the company he cofounded raised $300 million at a valuation of $8 billion. At that valuation, Armstrong’s stake in Coinbase is worth an estimated $1.3 billion, after applying a customary discount for privately held companies. In January, Forbes had estimated that Armstrong’s net worth was between $900 million and $1 billion.  It is possible that Armstrong’s personal cryptocurrency holdings have taken a financial hit due to the plunging value of bitcoin, ether and other cryptocurrencies over the last several months. Armstrong cofounded Coinbase in 2012, and the compan...

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 Molly Jane Zuckerman U.S. investment firm Fidelity, which administers over $7.2 trillion in client assets, has announced the launch of a new company, Fidelity Digital Asset Services, according to an Oct. 15 press release. The new company will offer custody and trade execution services for digital assets, targeting institutional investors like “hedge funds, family offices and market intermediaries,” and will not for now be open to retail investors. According to the press release, Fidelity Digital Assets will focus on providing a “secure, compliant, and institutional-grade omnibus storage solution for bitcoin, ether and other digital assets.” Tom Jessop, head of the newly-created business, is quoted in as saying that Fidelity began exploring blockchain and crypto “several years ago,” telling CNBC in an interview today that the idea of commercializing a “standalone” crypto firm began in mid-2017. Fidelity cites research from Greenwich Associates that found t...

  New cryptocurrencies such as Tether may be pegged to the dollar, but they have big flaws By Barry Eichengreen W hile the mania for cryptocurrencies may have peaked, new units continue to be announced, seemingly by the day. Prominent among the new arrivals are so-called “stable coins.” Bearing names such as Tether, Basis, and Sagacoin, their value is rigidly tied to the dollar, the euro, or a basket of national currencies. It’s easy to see the appeal of these units. Viable monies provide a reliable means of payment, unit of account, and store of value. But conventional cryptocurrencies, such as bitcoin, trade at wildly fluctuating prices, which means that their purchasing power – their command over goods and services – is highly unstable. Hence they are unattractive as units of account. No grocer in their right mind would price the goods on their shelves in bitcoin. No worker would want a long-term employment contract that paid them a fixed number of thos...

Billy Bambrough Cryptocurrencies, namely bitcoin, bitcoin cash and ethereum, are becoming accepted in the Washington D.C. halls of power — evidenced by the member of Congress and the chair of the House Judiciary Committee Bob Goodlatte's crypto holdings.  Goodlatte owns between $17,000 and $80,000 in cryptocurrency,  according to his annual financial disclosure . The filing was made in May, ahead of new rules from the House Ethics Committee requiring members of the House to disclose their ownership of cryptocurrency in annual reports, the same way they would disclose any other asset. The new rules also require lawmakers to report cryptocurrency transactions within 45 days, as is given for other financial transactions. Goodlatte’s son, Bobby Goodlatte, is  reportedly  an investor in cryptocurrency wallet provider and exchange Coinbase, though the details of Bobby Goodlatte's investment are not public. Goodlatte is also a member o...

BITCOIN has swept the world with its volatile, unpredictable but potentially profitable price swings. How do you buy bitcoin if you are looking to invest? By Owen Gough  The cryptocurrency market is an incredibly unpredictable world, where bitcoin prices and fluctuate wildly in an instant. The bitcoin craze has simmered down in recent months after prices slumped to more than half of the 2017 peak of $19,000. Investor confidence has waned, but there is still plenty of opportunities for new traders to buy and sell bitcoin in an attempt to make a profit. The UK is not particularly active in the cryptocurrency market, with Britain usually placed at the bottom of the top 10 most active markets, according to CryptoCompare. Like all other markets, there is potential for investors to lose a lot of money on bitcoin and cryptocurrencies, so it is always advised to stay cautious. Indeed, many experts warn new traders to stay away from bitcoin, which is notoriou...

By Billy Bambrough  One of the world's largest bitcoin and cryptocurrency exchanges, the San Francisco-based Coinbase, is hoping to grow its footprint in Europe with digital gift cards, as users continue to struggle to get their hands on their crypto gains. Coinbase is rolling out the new feature, in partnership with London-based startup WeGift, that will give customers in Europe an alternative way to cash out their crypto coins. Users, initially only those in the U.K., Spain, France, Italy, the Netherlands and Australia, will be able to convert virtual currency into gift cards from around 120 retailers including the likes of online giant Amazon, department store John Lewis, supermarket Tesco, and ride-hailing app Uber. Coinbase plans to eventually grow the service into other countries. "From converting bitcoin into Uber credits or ether into a Nike shopping spree, customers will have greater flexibility...