Programmer and crypto enthusiast John McAfee revealed his intention to use his 2020 bid for U.S. presidency as a platform to promote permissionless cryptocurrencies in an interview with Cointelegraph Nov. 1. Speaking with Cointelegraph at the Malta Blockchain Summit today, the founder of McAfee Antivirus Software said he plans to run “around a libertarian platform,” and use his access to the national stage solely to discuss cryptocurrencies, while expressing confidence that “no one will elect [him] as president.” McAfee commented that his pro-crypto stance is mainly based on the concept of “personal freedom,” stating that in his coming bid for …

Cryptocurrency hardware wallet manufacturer Bitfi has officially closed its bounty program, according to an August 30 tweet, in addition to removing the “unhackable” claim from the wallet’s marketing materials. In its statement, the company admitted "vulnerabilities," and yet avoided speaking about multiple alleged hacks of the device. Bitfi also confessed to hiring a "Security Manager who is confirming vulnerabilities that have been identified by researchers." The company expressed appreciation for "the work and effort of the researches," stating that the bug bounty program was officially closed. Any further comments on remuneration and the project's roadmap are postponed until early September. …

A group of researchers claims to have have hacked the Bitfi wallet, the Next Web reported August 12. Bitfi's executive chairman, cybersecurity pioneer John McAfee, has called it “the world’s first unhackable device.” To prove his claim, McAfee challenged security experts to breach the device for a $100,000 bounty starting July 24. Bitfi is a physical device, or hardware wallet, which supports “an unlimited amount of cryptocurrencies,” and revolves around a user-generated secret phrase instead of a conventional 24-word mnemonic seed that has to be written down. Additionally, Bitfi is purported to be “completely open-source,” meaning that the user stays …

In July, cryptocurrency hardware wallet manufacturer Bitfi’s executive chairman, John McAfee, claimed that Bitfi was “the world’s first unhackable device,” urging security experts to breach its security for a $100,000 bounty. Since then, a number of reports emerged that suggested Bitfi is not, in fact, “unhackable,” only to be dismissed by the wallet service as well as McAfee himself, steadily making the bounty hunt seem like a tasteless PR stunt. What is Bitfi? Essentially, Bitfi is a physical device — or a ‘hardware’ wallet — supporting “an unlimited amount of cryptocurrencies” that costs $120, as per its website. Although no …

Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18. Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm controls around $9.6 billion of assets, saw increasing ease of crypto trading as a major motivator for Bitcoin to rise, noting “As it gets more into the mainstream, and as more markets end up allowing it to trade where it's freely tradable, to me that's more of the bet.” Lasry added that he foresaw Bitcoin investors “making 5 to 10 …

Rapper and singer Akon of twelve Billboard Top Ten Hits, including the famous “Smack That,” has announced the creation of his own cryptocurrency for use in his new African “Akon Crypto City,” Page Six reported yesterday, June 19. During a panel at Cannes Lion, Senegal-descended Akon said that his cryptocurrency, the Akoin, will be available in two weeks for use in the 2,000 acres of land recently given to him by the president of Senegal. The new Akon Crypto City describes itself as a “100% crypto-based city with Akoin at the center of transactional life [...] blend[ing] leading Smart City …

Anti-virus pioneer and crypto evangelist John McAfee tweeted that he will no longer work with initial coin offerings (ICOs) or promote them due to “threats” from the U.S. Securities and Exchange Commission (SEC). The SEC declined to comment on his statement. Due to SEC threats, I am no longer working with ICOs nor am I recommending them, and those doing ICOs can all look forward to arrest. It is unjust but it is reality. I am writing an article on an equivalent alternative to ICOs which the SEC cannot touch. Please have Patience. — John McAfee (@officialmcafee) June 19, 2018 …

John McAfee, founder of McAfee Antivirus Software and now prominent crypto enthusiast, announced his bid yesterday, June 3, to run for US president in 2020 as a way to serve the crypto community, according to his Twitter account: In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the crypto community by providing the ultimate campaign platform for us. — John McAfee (@officialmcafee) June 3, 2018 This will be …

Businessman and crypto advocate John McAfee is releasing his own “fiat” currency backed by cryptocurrency, the McAfee Redemption Unit (MRU), on June 25, according to his tweet from yesterday, May 29. No hoax. The "McAfee Redemption Unit" is real and coming in 26 days. The graphic is low res - don't want to give much away yet. Printed on currency paper, holographs on both sides, serialized, linked to the blockchain, redeemable, convertible, collectiblehttps://t.co/ySUwkDuW7s pic.twitter.com/75xTje39X8 — John McAfee (@officialmcafee) May 29, 2018 McAfee — of McAfee Antivirus Software — had originally tweeted about his own currency on May 28, including a …

Despite the recent cryptocurrency market fall and the disappointment of those who invested in Bitcoin when it cost $18,000, there are nevertheless the lucky ones who managed to make it to the list of billionaires. Perhaps these individuals caught a wave and wisely distributed their cryptocurrency investments - in other words - "diversified." Judging by the number of crypto billionaires from the 2017 Forbes list, even millions in losses did not hit hard on these celebrities’ wallets when it comes to organizing vacations. Speaking of the places and the way Blockchain evangelists choose to spend their leisure time, they are …