Blockchain Press Releases
I Squared Capital-Backed BDx Data Centers Appoints Manish Prakash as President and Chief Business Officer
Seasoned Tech Industry Leader to Drive BDx’s Revenue, Market Expansion and Digital Growth Across Asia
SINGAPORE, Aug. 2, 2023 /PRNewswire/ — BDx Data Centers, a portfolio company of U.S. private equity firm I Squared Capital, is expanding its business growth strategy with the appointment of Manish Prakash as President and Chief Business Officer. Manish brings 25+ years of executive leadership in turnarounds, building sustainable organisations and digital transformation across leading global technology and telecom firms. At BDx, Manish will be responsible for the business and growth strategy and will lead all Commercial, Marketing and Channel functions across the company’s multiple markets globally.
In his most recent role, Manish served as the Asia-Pacific Managing Director for Microsoft’s Regulated Industries – Energy, Critical Infrastructure, Healthcare, Education and Public Sector. Prior to Microsoft, Manish served as the SVP & Head of Telenor Global Enterprise division and led the B2B Enterprise business across Nordic countries and Asia. Manish has also served as the President for Airtel Business/Enterprise and held senior leadership roles at Accenture, SK Group and Tech Mahindra. With an MBA from INSEAD, he is on the advisory board of Asian Development Bank (ADB) and Ecosystm.
“Manish brings a wealth of industry experience, keen business expertise and a strategic mindset that will enable BDx to continue to expand into new markets and meet the growing needs of enterprises and hyperscalers,” said Mayank Srivastava, CEO of BDx Data Centers. “He is an exceptional senior leader who will take our business to new heights and will inspire our growing teams across multiple divisions to continue to drive innovation with an eye toward the future. We are delighted to welcome Manish and the recent leadership hires to the BDx team.”
“I am thrilled to be joining BDx. Generative AI has unleashed an unprecedented data economy that would add trillions of dollars of economic value over the next decade,” said Manish. “With state-of-the-art data center engineering, innovation and credibility built over years, reinforced by the trust of our customers and partners, BDx is well positioned to take a leadership position in its key markets. I look forward to directing the next phase of our growth strategy and creating long-term value for our firm and its stakeholders.”
In addition, BDx has made important appointments within its leadership with the recent hires of Rajiv Sareen as Vice President of Business Operations and Corporate Finance, Prasheel Pardhe as Vice President, Global Head of HR and Administration, and Pravin Mahajan as Vice President, Global Head of Marketing.
To learn more about BDx and its cutting-edge data center offerings and locations, visit www.bdxworld.com.
About BDx Data Centers
BDx Data Centers is a leading colocation, build-to-suit, managed services and interconnection solutions provider that serves enterprises and hyperscalers across fast growing markets in Asia. Led by a globally recognized team, BDx Data Centers operates ultra-modern facilities across the region for customers to accelerate their digitalization initiatives. BDx Data Centers goes beyond providing highly efficient space and power, and delivers advanced, tailor-made services, designed with renewable resources. BDx Data Centers is actively investing in both developed and emerging markets to bring secure, scalable and sustainable solutions to power the growing digitalization of Asia.
About I Squared Capital
I Squared Capital is an independent global infrastructure manager with over $37 billion in assets under management focused on investing in North America, Europe, Asia and Latin America. Headquartered in Miami, the firm has more than 215 professionals across its offices in Miami, Hong Kong, London, New Delhi, Singapore, Taipei and Sydney. I Squared Capital has invested in a diverse portfolio of 77 companies in 59 countries with over 31,000 employees across the utilities, energy, digital infrastructure, transport, environmental infrastructure and social infrastructure sectors providing essential services to millions of people around the world.
Visit bdxworld.com or follow on LinkedIn or YouTube.
Media Contact:
Tara Karolski, on behalf of BDx Data Centers
Jaymie Scotto & Associates (JSA)
[email protected]
Photo – https://mma.prnewswire.com/media/2166224/BDx_Manish_Prakash.jpg
Logo – https://mma.prnewswire.com/media/2166223/BDx_Data_Centers_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/i-squared-capital-backed-bdx-data-centers-appoints-manish-prakash-as-president-and-chief-business-officer-301890683.html
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
Blockchain
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
Johann Polecsak argues that existing blockchains face significant challenges in adopting post-quantum cryptography without causing substantial disruption to users. This assessment highlights the complex and multifaceted nature of transitioning to new cryptographic standards in blockchain networks.
Post-quantum cryptography refers to cryptographic algorithms that are resistant to attacks from quantum computers, which have the potential to break traditional cryptographic schemes. While post-quantum cryptography offers enhanced security, implementing it in existing blockchain networks poses technical, operational, and usability challenges.
Polecsak suggests that transitioning to post-quantum cryptography could require significant changes to blockchain protocols, consensus mechanisms, and user interfaces. These changes may disrupt existing workflows, require modifications to software and hardware infrastructure, and necessitate coordination among network participants.
Furthermore, Polecsak emphasizes the importance of ensuring backward compatibility and interoperability during the transition to post-quantum cryptography. This is crucial to prevent fragmentation of the blockchain ecosystem and maintain continuity for users and applications.
Polecsak’s assessment underscores the complexities and trade-offs involved in adopting post-quantum cryptography in existing blockchain networks. While the transition promises improved security against quantum threats, it requires careful planning, coordination, and investment to minimize disruption and ensure a smooth transition for users and stakeholders. As the field of post-quantum cryptography continues to evolve, blockchain projects will need to carefully evaluate their options and strategies for implementing these new cryptographic standards.
Source: news.bitcoin.com
The post Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak appeared first on HIPTHER Alerts.
-
Blockchain Press Releases5 days ago
DeFi Lens builds advanced Generative AI for Technical Analysis
-
Blockchain4 days ago
Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI
-
Blockchain4 days ago
Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
-
Blockchain2 days ago
39% of Canada’s institutional investors have exposure to crypto: KPMG
-
Blockchain1 day ago
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
-
Blockchain3 days ago
Global Payment Gateway Industry Report 2024: Seamless Integration with In-Game Virtual Currency Systems Enables Payment Gateways to Contribute to the Monetization Strategies of Game Developers
-
Blockchain5 days ago
PairedWorld Earns Nomination for Best Blockchain Project for Social Impact, Secures $1.5 Million in Private Token Sales, and Welcomes Paul Taylor Who Is a Venture Partner at BlackRock to its Advisory Board
-
Blockchain6 days ago
PairedWorld Earns Blockchain Award Nomination, Secures $1.5 Million in Private Token Sales, and Welcomes BlackRock Venture Partner to Advisory Board