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John McAfee’s New Hardware Wallet Claims to be Unhackable!

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John McAfee is undoubtedly the most candid man you’d ever follow on Twitter. I bet those who know him personally can attest to this quality of the Crypto Crusader who has nothing but best intentions for all Crypto enthusiasts and the crypto-verse in general. His candidness can be seen when he openly admitted that the famous software AntiVirus named after him is a piece of crap. This admission was a precursor to his announcement that he now has an unhackable hardware wallet available for his ever growing fans.

In the tweet, McAfee stated that:

“For those of you unaware, know that McAfee Anti Virus is the biggest piece of crap on the planet; however, can you not cut me some slack, for having nothing whatsover to do with that company in more than fifteen years. My unhackable wallet, is unhackable.”

This wallet he is promoting is known as Bitfi. The wallet is said to be the most sophisticated instrument in the world and according to the product’s website. The first batch of the wallets has since sold out with the next batch being available in the next one day or so. This means that you could own one of these wallets as soon as June 4th.

Bitfi hardware wallet

McAfee would reiterate the ‘sold out’ statement via the following tweet.

Continual HitBTC battle

John McAfee is also knee deep in a new crusade against popular cryptocurrency exchange of HitBTC. He claims that the exchange has continually oppressed the ‘little guys’ in trading by making its services unavailable through numerous buy-in fees as well as sometimes locking up the coins and tokens of users without a clear explanation. His most current tweet against HitBTC goes after the exchange’s CEO.

McAfee seems to have a valid point for many of his Twitter followers are continually airing their horrible experiences with the exchange. Some have completely boycotted the exchange with some planning to do so as soon as their crypto assets are unlocked on the platform. This follows a similar battle McAfee had with the American SEC. McAfee has also not held back his opinion that Bitcoin has been intentionally manipulated to current low levels. He is truly a crypto crusader!

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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