The world's first "unbreakable" cryptocurrency wallet, according to John McAfee, drew the ire of security researchers shortly after its launch on July 28, 2018. Cybersecurity specialist Ryan Castellucci was the first to identify Bitfi's supposed security features, alarming other experts who subsequently drew their own conclusions about the Bitfi wallet.
The Securities and Exchange Commission (SEC) of the Philippines has released draft guidelines for initial coin offerings (ICOs) in a bid to keep pace with the number of startups using the scheme to raise funds from the public.
According to JoongAng Daily, the Financial Supervisory Service (FSS) appeal was part of a study that was released by the agency on Thursday. This study examines the possibility of Korean regulatory agencies and companies collaborating to develop the proposed system, and also examines the applications of blockchain technology by exchange operators around the world.
Today there is a high probability that the decline will end and growth may resume after a short consolidation
Another security vulnerability has been found in Monero (XMR), a coin designed to ensure maximum transaction privacy, according to news reports.
According to local sources, the Japanese financial institution Mizuho Bank is accused of defrauding the deposits of clients of the Mt Gox exchange who hoped to withdraw their funds after the collapse of the exchange.
The government of Queensland, Australia's second largest and third most populous state, will begin supporting local cryptocurrency startups that it believes will boost tourism in the state.
The founder of the crypto exchange, Changpeng Zhao, expressed his opinion on Tether (USDT) as part of the Korea Blockchain Week conference, noting that the situation may be cause for concern.
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