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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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