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6 selected articles
7 Bitcoin Scams You Need To Be Aware Of - BTCMANAGER
by Alexander Lielacher
As the price of bitcoin has increased substantially over the last few years, so has the number of malicious individuals and organizations looking to take advantage of others in the Bitcoin community. Bitcoin scams are not a new occurrence as they have been around since the currency first gained some popularity. Today, however, there is a broad range of bitcoin scams that...
A Guide to Mining Bitcoin - BTCMANAGER
In this guide we explain what exactly bitcoin mining is and how to get started.
What is Mining?
Mining is the term used to refer to the process of bringing bitcoin into existence. While a bitcoin does not exist in a physical form, computers around the world mine bitcoin, which basically means that they verify transactions and record it onto the public distributed ledger, also known as the...
The State of Bitcoin in Kenya - BTCMANAGER
In this article, you will be introduced to the state of bitcoin in Kenya to give you an insight into East Africa's leading bitcoin hub.
Kenya's Bitcoin Ecosystem
Kenya is among the four main Bitcoin economies in Africa next to South Africa, Nigeria, and Ghana. While bitcoin awareness and adoption are growing in many parts of Africa, only the countries mentioned above offer Bitcoin ecosystems that...
Electrum 3.0 is first Wallet to enable Bech32 SegWit ...
Last week Electrum 3.0 was released. The new version of the most popular Bitcoin wallet does not just support SegWit, but also uses the new address format Bech32.
Electrum 3.0 could be one of the most interesting upgrades of the popular wallet. It does not just migrate from Python3 to Qt5, but also supports SegWit as the first wallet with the native SegWit address format Bech32.
If you just want...
The Writing’s on the Wall for Alleged Cryptocurrency Ponzi ...
by Alexander Lielacher
The cryptocurrency Bitconnect (BCC) has rallied from less than $1 in January to reach an all-time high of over $286 in early November 2017. However, Bitconnect's impressive year-to-date rise in value did not occur without controversy. The cryptocurrency "investment" platform has increasingly come under fire for allegedly being a Ponzi scheme.
This criticism of the...
H.R. 835 Calls for Bitcoin, Blockchain Policy - BTCMANAGER
by Joseph Young
During the second session of the 114th Congress, Representative Adam Kinzinger introduced the bipartisan House Resolution 835 (H.R. 835) which proposed the establishment of a national policy that will increase the availability of financial tools and technologies.
The resolution , which was referred to the Committee on Energy and Commerce, described the importance of transparency,...