Commentary 30 | BTCMANAGER

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Philippine Senator: More Stringent Penalties for Crypto-related Crimes Essential

April 22, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Commentary, News

Just like in the traditional finance system, bad actors are gradually infiltrating into the nascent world of virtual currencies. Heists and crypto-related robberies are steadily on the increase, almost in tandem with the meteoric rise of the price of bitcoin and the altcoins. Amidst this backdrop, a Senator in the...

Texas State Securities Board Investigation Uncovers 32 Illegal Cryptocurrency Schemes

April 22, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Commentary, News, Regulation

The Texas State Securities Board (TSSB) published a report on April 10 based on afour-week investigation concerning cryptocurrency fraud in which 32 illegal schemes were discovered. The probe was conducted owing to the upswing in the cryptocurrency investment opportunities flogged to Texans. According to the report published by the TSSB,...

Community Reacts to Vitalik’s April Fools Prank: Fixed Supply EIP (EIP 960) Rejected

April 21, 2018 by Nuno Menezes at Altcoins, Blockchain, Commentary, Ethereum, Finance, News

Vitalik Buterin has sent out an April fools prank this year that left the community with some concerns. While his prank consisted of a new fixed supply proposal for Ethereum, called Fixed Supply EIP 960, he later tweeted that whether it was a joke or not, he argued if the...

Zero-In Recap: Blockchain and FinTech Are Turning Heads in the Dutch Capital

April 21, 2018 by Liam J Kelly at Blockchain, Commentary, News

After BTCManager attended the one-day Zero-In conference in the Netherlands on April 19, 2018, it became clear that Amsterdam is working hard to attract the finest fintech minds to the city. After a series of panels ranging from commentary on the GDPR regulation set to pass in May 2018 to...

Japan’s TFX Takes Cue From OBOE; To Offer Bitcoin Futures In Early 2018

Japan Police Apprehends 12 People in An “Over the Counter” Bitcoin Fraud Deal

April 21, 2018 by Pratik Makadiya at Bitcoin, Commentary, Finance, News

The Tokyo Reporter revealed that Japanese police apprehended 12 people who embezzled bitcoin worth $1.86 million from a middle-aged businessman in July. According to the victim, the delinquents offered to purchase bitcoin worth $1.76 million for $1.86 million in cash, earning the seller a profit of $93,000. The victim accused...

IMF Explores the Synergies Between Privately Backed Stablecoins and CBDCs

IMF Chief Urges Financial Institutions To Keep Updated With Cryptocurrencies

April 21, 2018 by contributor at Altcoins, Bitcoin, Commentary, News

According to a blog post by the IMF chief, authorities around the world have been muddled about the standing of “real threats” and “needless fears” in the crypto-world. In a bid to rule this out, the International Monetary Fund is looking to be an enabler in changing this mindset. IMF’s...

China Police Crush $13 Million Crypto Ponzi Scheme

April 20, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Commentary, Finance, News

Though global security forces are doing their best in the battle against all forms of unlawful activities, ‘cryptocriminals' are unrelenting in their efforts to make unsuspecting and somewhat gullible virtual currency enthusiasts shed tears. Now, the Chinese police force has crushed a $13 million cryptocurrency pyramid scheme. Game Over Security...

"HODL!" Says Foundation for Economic Education Director

Unchained Capital Explores Bitcoin HODL Trends

April 20, 2018 by Cindy Huynh at Bitcoin, Blockchain, Commentary, Finance, News

Unchained Capital published a scientific study on Bitcoin HODL strategies and the ways HODLing affects the market. The study was posted on Medium on April 18, 2018, by Dhruv Bansal, co-founder, and CEO of the cryptocurrency lending startup. Unlike traditional fiat-currencies and shares, public blockchain-based cryptocurrencies like bitcoin, log every...

Vulnerability in JavaScript Function May Mean Long-term Bitcoin Hodlers are at Risk

April 20, 2018 by Priyeshu Garg at Bitcoin, Commentary, News, Tech

A group of researchers released a warning on the security dangers of old bitcoin addresses that were generated via JavaScript-based wallet applications. According to the researchers, hackers can take advantage of an old JavaScript cryptographic flaw to steal bitcoin stored in such addresses. Using brute-force hacking, the private keys of...

$4.3 Million ICO Exit-Scams, Then Comes Back Online in a Bizarre PR Stunt

April 20, 2018 by contributor at Altcoins, Commentary, Finance, News

Savedroid, an ICO focusing on cryptocurrency investing, possibly pulled off the best PR stunt in the history of cryptocurrencies. On April 18, the Savedroid updated its website with a satirical meme and confirmed its disappearance on Twitter. “Over and Out’” were the last words by the founder of Savedroid, Dr....

4 Interesting Ways to Get Exposed to Cryptocurrencies

April 19, 2018 by Guest Post at Altcoins, Bitcoin, Commentary, Ethereum, Finance

Cryptocurrencies shot to limelight in 2017 when bitcoin started soaring from around $1000 at the start of the year all the way to incredible highs above $19,000 by the end of the year. 2018 is shaping up to be particularly interesting for stakeholders in the cryptocurrency trading markets as the...

Boxer Manny Pacquiao To Launch Cryptocurrency, Supports Bitcoin Regulation

April 19, 2018 by Samantha Chang at Altcoins, Bitcoin, Commentary, News

Boxing champion Manny Pacquiao plans to launch a cryptocurrency called the PAC Token in late-2018 and supports the regulation of bitcoin and other virtual currencies. Pacquiao said he wants to roll out his own crypto to connect with his fans around the world. “It can be a way to be...

Redditors are competing to prove their country is most Bitcoin friendly

Redditors are Battling to Prove their Region Leads Bitcoin Adoption

April 19, 2018 by Rahul Nambiampurath at Bitcoin, Commentary, News

Redditors worldwide have suddenly become engaged in a new battle amongst themselves to highlight merchants accepting bitcoin in their native land. Dozens of users are posting pictures of local outlets accepting bitcoin as a payment method, all to prove that their region is still ahead in terms of adoption of...

Maple leaf coin representing cryptocurrency in front of Canadian flag. The First Cryptocurrency Investment Fund launches in Canada, providing a safe way to invest in bitcoin

Bitcoin Is Wrongly Linked To Mass Money-Laundering, Says Canadian Chief Scientist

April 19, 2018 by Samantha Chang at Bitcoin, Commentary, News

Bitcoin is wrongly blamed as a go-to vehicle for money-laundering, tax evasion, and criminal activity because the facts do not support these claims. That’s what Canadian cryptocurrency experts said after reviewing the evidence. One reason for bitcoin’s image problem is the pseudonymity that cryptocurrency transactions afford because the ecosystem is...

Important Factors to Consider when Choosing a Bitcoin or Altcoin Exchange

Battle of the Institutional-Grade Bitcoin Exchanges: All You Need to Know

April 18, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Commentary, Finance, News, Regulation

Much of the cryptocurrency industry remains shouldered on the pillars of crypto-exchanges. This support comes mostly out of convenience; banks and financial bodies seek exchanges with a good track record, liquidity, and easy fiat-to-crypto process. All Eyes on Crypto With institutional interest and government regulation at an all-time high, 2018...

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