Commentary 5 | BTCMANAGER

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Blockchain Life 2021

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After Establishing Real-World Utility, 2020 Could Finally be Blockchain's Breakthrough Year

Blockchain Does Not Always Live Up To Hype, Says World Bank Official

March 27, 2019 by Tokoni Uti at Adoption, Blockchain, Commentary, News

Contrary to the belief of the nascent blockchain industry and that of the present buzz around the technology, blockchain is not the solution to all problems according to a World Bank official at the 20th Annual Conference on Land and Poverty, as reported by Reuters, March 27, 2019. Talking Points...

Bank of International Settlements Manager Advises Against Central Bank-Backed Coins

March 26, 2019 by Tokoni Uti at Altcoins, Commentary, Finance, News

It would seem that Agustin Carstens is still not a fan of cryptocurrencies as he stated during a March 22, 2019 speech at the Central Bank of Ireland that the issuance of central bank-backed tokens could destabilize the economy. Token Resistance While many private companies such as JP Morgan and...

TRON Founder Justin Sun Probably Fakes Twitter Followers

March 25, 2019 by Ogwu Osaemezu Emmanuel at Business, Commentary, News

Justin Sun, founder of the TRON (TRX) blockchain project became the first individual crypto-focused account holder on Twitter to exceed the 1 million followers threshold earlier in March 2019. However, a report published by TrustNodes on March 24, 2019, has pointed out that Sun might have played a bit dirty...

PwC Partner: Central Bank Digital Currencies Need to Be Stress-Tested by Big Companies

March 25, 2019 by Nuno Menezes at Adoption, Blockchain, Commentary, Finance, News, Regulation

Pauline Adam Kalfon, a blockchain and financial services partner at PwC France, explained that central banks may start to accept the idea of issuing their own digital currency once big companies have stress-tested the technology, as noted on Forbes on March 22, 2019. Still not Comfortable with Digital Currencies France's...

Augur Developer’s Dilemma in Fixing Vulnerability in Bettors Prediction Market

March 21, 2019 by Tom Nyarunda at Altcoins, Blockchain, Commentary, Development, News

Augur CEO Joey Krug admitted the platform’s betting system had a vulnerability that has been exploited by scammers. Bet on Impossible Outcomes In a series of Tweets, Krug admitted that a malicious actor has taken advantage of a vulnerability in the best-known prediction market by taking advantage of deliberate ambiguities...

Twitter CEO Hiring Crypto Engineers in Bid to Push Bitcoin to the Masses

March 21, 2019 by Tom Nyarunda at Adoption, Bitcoin, Blockchain, Business, Commentary, News

The Twitter and Square CEO Jack Dorsey has Tweeted to say he plans to hire a handful of blockchain engineers and a designer to work on Square’s crypto initiatives. The new hires will focus their energy on what is best for the crypto community. Work from Anywhere, Get Paid In...

CFTC Crush Fraudulent Crypto-Powered Binary Options Scheme

Former CFTC Chairman Wants the SEC and the CFTC to Better Regulate Cryptoassets

March 20, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Commentary, Crime, Finance, News, Regulation

According to a March 18, 2019, working paper published by former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad, the large gap in crypto regulations in the U.S. has led to continual frauds and weak investor protection in the budding cryptocurrency ecosystem. Lack of Regulations a Menace for the Industry...

Silhouettes Speaking Next to an Electrified Coin

IBM Says Banks Open to Launch Their Own Digital Currency, Citigroup Thinks Otherwise

March 20, 2019 by Aisshwarya Tiwari at Adoption, Altcoins, Blockchain, Business, Commentary, Finance, News

According to a Bloomberg article published March 18, 2019, tech giant IBM has been approached by at least two “major U.S. banks” regarding the creation of a private digital currency on the heels of JP Morgan’s JPM Coin. More Banks to Follow JP Morgan? 2019 has often been touted as...

Blockchain Technology Market Likely to Be Worth $20 Billion by 2024, Claims Report

March 20, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Business, Commentary, News, Regulation

According to a March 19, 2019, press release by market intelligence and research firm Transparency Market Research (TMR), the market for blockchain technology is expected to surge at a compound annual growth rate (CAGR) of 58.9 percent during a forecast period of 2016 to 2024. Global Blockchain Industry to Be...

Stablecoins Still Shakey, Diar Report Indicates

March 19, 2019 by Eddie Mitchell at Commentary, Development, Exchange, Finance, Stablecoins

Tether, a crypto often in the limelight of controversy, is causing yet another stir in the stablecoin industry as its latest Terms-of-Service (ToS) update highlights “pan-stablecoin risks” according to the latest report from digital currency research firm Diar, March 18, 2019. Contentious at Best While being the industry-favorite stablecoin, Tether...

Bitcoin at $4,000 and Singing in the Street

Bitcoin Breaks Through $4,000 Mark Despite CBOE Suspending Bitcoin Futures Trading: BTCManager’s Week in Review March 18, 2019

March 19, 2019 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Business, Commentary, News Digest, Regulation

The price of bitcoin has finally managed to surpass the physiologically important $4,000 mark to close the week two percent in the green versus last week’s close. At the time of press, however, the pioneer cryptocurrency has fallen under this important mark. Most cryptocurrency experts agree that we are poised...

Joseph Lubin Bust with Blockchain Background

Ethereum Co-Founder Joseph Lubin Highlights the Diverse Uses of Blockchain

March 14, 2019 by Tokoni Uti at Altcoins, Blockchain, Business, Commentary, Development, Ethereum

Although blockchain got its start with cryptocurrencies, in 2019 it's seeing applications in nearly every sector, according to Joseph Lubin, the co-founder of Ethereum in a March 12, 2018 video. A Quick Sit-Down While blockchain has been steadily taking over the world, there are those who still do not understand...

Tether Store Front with Large Crowd in Front

Tether (USDT) Changes Terms, Implies they Are No Longer Dollar-Pegged

March 14, 2019 by Tokoni Uti at Altcoins, Business, Commentary, Development, News

Tether (USDT) is once again the subject of suspicions as it was discovered that some sly changes have been made to their terms and conditions which brings into question their dollar-pegged status. The findings were brought to light via a Reddit post on March 14, 2019. Times Are Changing You’d...

Thailand’s SEC Reportedly Approved Pioneer Initial Coin Offering (ICO) Portal

March 13, 2019 by Tom Nyarunda at Adoption, Altcoins, Commentary, Development, Exchange, News, Regulation

According to a local news outlet, The Bangkok Post, the Thai Securities and Exchange Commission (SEC) has approved Thailand’s first Initial Coin Offering (ICO) portal on March 12, 2019. Unnamed Operator Is a Foreign Entity The Thai SEC's approval means that other government agencies such as the Ministry of Commerce...

Crash Bandicoot Brock Pierce Blue Video Game

Brock Pierce Predicts Blockchain to be Propelled by Gamers, STOs and dApps

March 13, 2019 by Tokoni Uti at Blockchain, Commentary, Entertainment, News

In a series of predictions regarding the blockchain industry in 2019, Brock Pierce has stated that d’Apps will see greater success, security token offerings (STOs) will take over and gamers will drive crypto adoption, as reported by Forbes, March 12, 2019. Crypto Crystal Ball The crypto market just like the...

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