Thursday, March 1, 2018

Cryptocurrency Waltonchain rewards employee in user giveaway and outs itself on Twitter


In an embarrassingly botched attempt to play it coy, budding blockchain startup Waltonchain got busted rewarding its own employees with cryptocurrency from a public giveaway that was supposed to go to its users. But here is the cringiest part: the company accidentally outed itself… on Twitter. The China-based blockchain company, which seeks to provide a commercial ecosystem for the Internet of Things (IoT), recently ran a promo campaign for Valentine’s Day, encouraging users to follow its social media channels for a chance to win a small cut from its prize pool of 565 WTC (worth approximately $10,500). “214 qualifying participants…

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