Private Equity Moris Beracha Wuani

By Seth Colaner Amazon is in the blockchain business in a big way. Its Amazon Managed Blockchain is a fully managed service designed to help companies quickly set up blockchain networks of their own that are scalable and easy to create and manage. Originally announced at the company’s re:Invent event in late 2018, Amazon Managed Blockchain has been in preview for months. It’s now generally available, arriving first in northern Virginia before expanding to other regions over the course of the next year. In a press release , Amazon told businesses that they “can quickly set up a blockchain network spanning multiple AWS accounts with a few clicks in the AWS Management Console,” doing away with what it describes as the typical cost and difficulty of creating a company network. AMB supports two frameworks — your business’ choice of Ethereum or Hyperledger Fabric. The former is the fruit of the combined labors of IBM and the Linux Foundation — part of the Hyperle

By Yogita Khatri Seventy-three percent of U.K. consumers don’t know what a cryptocurrency is or are unable to define it, according to a new survey from the country’s financial watchdog, the Financial Conduct Authority (FCA). Announced  Thursday, the research indicates that those who are most aware of cryptocurrencies are likely to be men aged between 20 and 44. The  survey , which polled 2,132 British consumers in association with London-based market research firm Kantar TNS, further found that only 3 percent of those surveyed had ever bought cryptocurrencies. Of those who had purchased, half of them spent under £200 ($263) from their “disposable income.” Bitcoin appears to be the most popular cryptocurrency, with over 50 percent purchasing the cryptocurrency, while 34 percent bought ether (ETH). The FCA has also carried out “qualitative” research and interviews of UK consumers in association with London-based research agency Revealing Reality.

Featured image from Youtube/Bloomberg. By William Suberg Investor and cryptocurrency bull Mike Novogratz has fine-tuned his Bitcoin price outlook, repeating to Bloomberg Monday, October 15, that it would not break $10,000 in 2018. The Galaxy Investment Partners creator, who is known for his optimism about Bitcoin’s future, had previously called a “bottom” in the market in mid-September. Now, he thinks more time is required for momentum to build to take prices higher, and the long-anticipated wave of institutional investors piling into the cryptocurrency space will only occur next year. “...I think Q1 [or] Q2 [2019] if the institutions start coming in, we’ll put in new highs,” he told the network. Novogratz was speaking the day Fidelity Investments announced it would release a custody solution tailored to such institutional investors looking for security when interacting with cryptoassets. While this was a boon for Bitcoin, Novogratz said, the solut