Categoría: English

China Seeks Blockchain Experts

By Moris Beracha.- For several months, different companies in China have been recruiting Blockchain experts, due to the significant restoration of the lost confidence of users and financial institutions in these technological processes. It should be noted that Blockchain is a distributed ledger technology that securely and immediately processes economic transactions, making intermediaries unnecessary. According to ...

Cryptocurrencies not outside the law

By Moris Beracha.- The different cryptocurrencies that are currently exchanged in the market do not move outside the multiple businesses that are striving to massively boost token as a payment option. According to Rubén Guía Chirino, attorney and advisor for Dash Venezuela, 99% of cryptocurrency transactions are involved in legal activities; therefore, those who associate ...

Coin money laundering is driven by cryptocurrency exchange theft

By Moris Beracha.- According to a quarterly report released by Cipher Trace, the quantitative investment firm, specializing in the systematic trading of cryptocurrencies, in the first half of 2018, more than $760 million in cryptocurrency was stolen from exchanges, nearly three times more than in 2017. The growth in the demand for currency in the ...

Can your computer mine Bitcoins?

By Moris Beracha.- Since the arrival of Bitcoin, computers now have another function: to make small amounts of money with cryptocurrencies. However, mining is not as simple as turning on a computer. Your computer hardware is a key factor when mining and will make the difference between making money with cryptocurrency or even losing money. Computer ...

Coin money laundering is driven by cryptocurrency exchange theft

By Moris Beracha.- Article published in: http://www.crypto.bi According to a quarterly report released by Cipher Trace, the quantitative investment firm, specializing in the systematic trading of cryptocurrencies, in the first half of 2018, more than $760 million in cryptocurrency was stolen from exchanges, nearly three times more than in 2017. The growth in the demand ...

What does Warren Buffet say about Bitcoin?

By Moris Beracha.- Article published on the website: http://www.medium.com Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment,” Buffett said. The millionaire investor says that the reason is “because it lacks intrinsic value”. In an interview with Yahoo Finance he says that “if you buy something like bitcoin or some cryptocurrency, ...

Bitcoin production will consume as much electricity as Holland

By Moris Beracha.- The entire network for bitcoin mining requires to be running constantly, leading to a large consumption of resources. The Joule magazine cited a research estimating that by the end of 2018, the mining of cryptocurrencies will account for 0.5% of the total world electricity production, which would be equivalent to the electricity ...