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John McAfee Offers Helping Hand to Binance CEO, Urges Eugene Kaspersky to Join Him

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Wed, 05/08/2019 - 18:01
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Contents

John McAfee, the notorious founder of the eponymous antivirus company and who also happens to be a prescient Bitcoin bull, is on the hunt for wizards. No, it’s not related to any psychedelic drug trips – he’s simply trying to help the embattled Binance exchange finds those who are responsible for its recent $41 mln hack.

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The dark wizards appear in McAfee’s crosshairs

As reported by U.Today, Binance, the number one crypto exchange by trading volume, lost a staggering $41 mln after a major security breach. The bad actors who were responsible for today’s turmoil used every trick in the book (from phishing to viruses) in order to successfully steal the funds from Binance’s users.

According to McAfee, hackers are ‘the dark wizards of our age,’ so he wants to fight them with the ‘wizards of the people.’ To achieve this feat, the crypto baron wants to beef up his cybersecurity team with his own long-term rival – Eugene Kaspersky, the CEO of Kaspersky Lab. The Russian billionaire recently called cryptocurrencies ‘a great idea,’ but he also noted that the world is not ready for them.

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Crypto hacks remain omnipresent

 While the industry is maturing, crypto crime is as rampant as ever. Crypto intelligence firm CipherTrace earlier revealed that $1.2 bln has been stolen from the exchange. That sum doesn’t account for the latest Binance hack, which once again proved that even such big-fish companies are not safe from ‘dark wizards.’

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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