In this week’s daily Bitcoin in Brief editions we reported about McAfee’s decision to stop shilling ICOs, crypto businesses’ involvement in the 2018 FIFA World Cup and much more. We also explored, in this week’s most commented-on article, a secret mathematical code that tantalizes the imagination of many bitcoiners.
Also Read: Exchanges, Payment and Wallet Firms Join EU Police to Fight Privacy
New York to Istanbul
On Monday, we reported that Xapo, the company providing wallet, cold storage, and bitcoin-based debit card services, has received a New York Bitlicense. The NY regulator said it has conducted a comprehensive review of Xapo’s operations, including the company’s anti-money laundering, anti-fraud, capitalization, consumer protection, and cybersecurity policies. With the license, Xapo will be authorized to offer a digital wallet and a vault service, and be subject to ongoing supervision. Additionally covered was a currency exchange shop in Istanbul that placed a bitcoin sign to attract the many shoppers and tourists that visit the Grand Bazaar every day.
All Because of Football
The 2018 FIFA World Cup and the involvement of crypto companies in the event were the main focus on Tuesday. Cryptocup is a blockchain-based game that allows football fans to make predictions and even bet on the matches. Gamers can create their own tokens, or golden tickets, used to make predictions for the 64 games of the championship. And gaming businesses are not the only ones trying to exploit the football fever. The web is full of sites with malicious content related to the huge event, including hidden crypto miners, according to a study by the antivirus developer ESET.
Day of Reckoning for ICOs
John McAfee’s decision to stop shilling ICOs was the top headline on Wednesday.
