btcmanager: YOUR SOURCE FOR BITCOIN, BLOCKCHAIN & FINTECH NEWS

There’s a well-known saying which goes, “a fool and his money are soon parted,” which sounds most apt for the cryptocurrency world. There are quite some bad actors who are ready to swindle money from naive people. In the past few months, there are several exchanges that have made headlines for being hacked. Even though blockchain technology is immutable and tamper-proof,…

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A recent event hosted by the Blockchain Charity Foundation saw The President’s Trust speak about the positive implications that blockchain technology has on facilitating social good in Malta society. Crypto Gives Back While the skyrocket of cryptocurrency has brought many people a vast fortune, we’ve also seen the generosity of the crypto community as well. For example, a San Francisco…

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Developers have created a new proof of concept website based on Bitcoin’s Lightning Network to showcase how small-scale payments can be completed near instantly. Showcased at the premier bitcoin conference, Baltic Honeybadger 2018 in Latvia, Lightning Tasks allows anyone to earn a few satoshis by completing simple tasks. The official video demo involves the user transcripting text from a picture….

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Switzerland’s financial regulatory watchdog, the Financial Market Supervisory Authority (FINMA), has warned cryptocurrency investors to be wary of Alliance Capital, a firm claiming to offer clients cryptocurrency trading services, binary options, and other financial products, according to a Finance Magnates report on September 24, 2018. FINMA Cautions Investors Alliance Capital, a cryptocurrency startup that claims to be based in the…

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With the world’s most advanced and widespread digital payments infrastructure, cash is fast becoming a thing of the past in China. Internet payment giants like Alipay and TencentPay have cornered a vast domestic market and created what some see as a utopia of ubiquitous mobile payments. A  Foreign Policy report, however, shows a very different side of the supposed success…

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The United Nations has reportedly hinted it would integrate blockchain technology into its operations in a bid to create solutions aimed at improving the standard of living of citizens in the developing nations, reported The Next Web on September 24, 2018. United Nations Set to Explore DLT in Solving World Problems The United Nations stated that its blockchain technology initiative…

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The Los Angeles Dodgers have entered the digital space with a token giveaway using the popular ERC20 platform established by Ethereum, and the tokenized cards have already found their way onto eBay, Trustnodes reported on September 23. Dodgers Gives out Thousands of Tokenized Baseball Cards and Ethereum Wallets The Los Angeles Dodgers baseball team is the latest team to jump…

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Switzerland is home to over 500 blockchain and cryptocurrency startups. However, due to the restricted access to the banking sector, many projects have been moved to other countries. This is the problem that Switzerland, through the Swiss Bankers Association (SBA), is trying to solve by issuing guidelines to banks dealing with cryptocurrency startups. Swiss Cryptocurrency Companies Checkered History According to…

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Retail giants Walmart and Sam’s Club are primed to enter the waters of the distributed ledger technology (DLT), as they will now require their green vegetable suppliers to track the farm produce, all the way from the point of origin. According to a report published by Walmart, on September 25, 2018, blockchain technology will be used as a means to…

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