Crypto Daily News | Coinbase Adds British Pound and BitFi Wallet Hacked

In today’s edition of Crypto Daily News, we’ll cover Coinbase adding the British Pound to its trading pairs and John McAfee’s “unhackable” Bitcoin wallet that gets, well, hacked.

Crypto Daily News: August 2nd, 2018

Coinbase Supports the Pound

Coinbase, the most popular cryptocurrency exchange in the US just announced that it will support the GBP (the British pound) on its platform. This is big news for the company, as it faced serious complications last year when it couldn’t keep up with the growth of the cryptocurrency market during its peak.

This is the biggest news the company has leaked since it announced it will be adding new coins to its platform soon.

Now, crypto investors in the UK can use Coinbase’s easy-to-use platform to buy, sell, and trade digital assets.

What Happened McAfee?

Recently, the crypto enthusiast John McAfee claimed that he had created an unhackable cryptocurrency wallet and, to prove his point, started a bounty challenge to devs to try and hack the wallet.

Well, the wallet has been hacked, but the debate isn’t over.

It seems that the wallet is hackable, but McAfee’s debate is that the hackers can’t take the money from the wallet—which is mostly everyone’s primary concern when it comes to wallet hacks.

McAfee still won’t let it go and followed that tweet with his own.

If a user could hack into your wallet, but couldn’t take your funds, would you still trust it?

And that does it for today’s edition of Crypto Daily News.

>> Shares of Crypto Galaxy Digital Dropped -22% on the TSX Yesterday

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