0
📰 News
654 views

John McAfee Joins Burency Crypto Exchange as Advisor

  • Yuri Molchan
    📰 News

    The crypto baron John McAfee has joined a new Burency exchange that includes a mining and data center as an advisor

John McAfee Joins Burency Crypto Exchange as Advisor
Cover image via www.facebook.com
Contents

After turning 74 yesterday, the creator of the McAfee antivirus, John McAfee, spreads the word on Twitter that he has joined the team of the new crypto exchange Burency as an advisor.

About the newly emerged blockchain platform

Burency positions itself not only as a fully insured digital asset exchange but also as a platform that is busy creating “an ecosystem of solutions that fit together seamlessly to advance the cause of credibility, transparency, convenience and security”.

The insurance to the exchange is provided by Lloyd’s of London on the basis of NEBBEX insurance security protocol.

Burency also works to find cheap mining solutions and has its own research-and-development center to help companies introduce blockchain to their businesses.

The exchange has its head office in the Middle East and is working to receive licenses in Abu Dhabi and Dubai, both areas are the fintech hubs of the region with the authorities offering crypto regulatory measures.

👉MUST READ

Stellar (XLM) Still 23 Percent Up With Rest of Top 10 Coins Deep in Red

Stellar (XLM) Still 23 Percent Up With Rest of Top 10 Coins Deep in Red

Zombie Coin and John McAfee

The cooperation with Burency is the second project (at least from the ones that Mr McAfee officially announced) that he has been working on while fleeing from the US IRS and CIA and running a pre-election campaign for the US presidential chair.

His previous venture was to join the Zombie Coin team and writing a white paper for them. He confessed that he was paid $4.5 mln and he also demanded 20 percent of the total Zombie Coin stack to be issued.

However, after publishing a mockery draft of the white paper, McAfee received threats from the Zombie Coin team who got very upset at the published WP. They threatened to sue the crypto baron $100 mln for giving the project a bad name.

McAfee said he would explain the situation to them and stated that they would drop their lawsuit as soon as he does that.

Subscribe to News.U.Today on Facebook, and get involved in all top daily cryptocurrency news, stories and price predictions!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

👓 Recommended articles
0
📰 News
188 views

Nationwide Blockchain of China Finally Preparing for Launch

  •  Denis Sinyavskiy
    📰 News

    China launching nationwide blockchain service in beta mode until March 2020. It must push forward digital economy and smart cities

Nationwide Blockchain of China Finally Preparing for Launch
Cover image via www.123rf.com

China continues to take steps toward the digital economy and smart cities by officially releasing a nationwide blockchain service network, XINHUANET says.

Blockchain service network expectations

UnionPay, State Information Center (SIC), China Mobile and three other organizations worked on a system that will help China lead the blockchain technology market. Blockchain beta testing has already been announced and will last until March 2020, and all content and services will be available for free till that date.

BSN is expected to accelerate the development of digital technology and smart cities, as well as foster the development of new technology and industries.

What about CBDC?

Earlier, U.Today reported, that China has come close to creating its own cryptocurrency and may even launch it this fall, but then there was information that the national digital currency will appear later.

But China will not become the first country to introduce a national cryptocurrency. The Kingdom of Bhutan has already done it this month, as we already reported.

So, what do you think? Does the launch of China's national blockchain mean that the country will become a leader? Write what you think about this in the comments section!

Subscribe to the official News.U.Today Telegram channel. Get news first!

About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings