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      "body": "Capital Group, an 87-year-old financial services company with $1.7 trillion in assets under management, has barred its associates from investing in initial coin offerings (ICOs).\n\nThe firm outlined the policy in an updated code of ethics that was filed with the Securities and Exchange Commission (SEC) on April 19. Capital Group's website includes a previous version of the document, which is dated October 2016 and does not include any mention of ICOs.\n\nThe updated code of ethics reads:\n\n\"All associates and immediate family members residing in the same household may not participate in IPOs or ICOs.\"\n\nIt goes on to explain that investing in initial public offerings (IPOs) may be acceptable under certain circumstances, but does not provide exceptions for investing in ICOs.\n\nIn a separate section, the document says, \"The following transactions are prohibited: [...] Initial Coin Offering (ICO) investments (this prohibition applies to all Capital associates).\"\n\nThe code of ethics does not indicate whether Capital Group invests or plans to invest in ICOs on behalf of its clients. That said, the prohibition suggests that employees' investing in token sales could create a conflict of interest, though, implying that the firm might consider making such investments. Representatives for the firm didn't respond to requests for comment.\n\nCapital Group offers a range of financial services and products, including dozens of mutual funds through its American Funds subsidiary. Capital Group was the world's ninth-largest asset manager at the end of 2016, according to data from WillisTowersWatson, and the company employs around 7,500 people as outlined on its website.![bitcoin-cryptocurrency-is-booming-865708330-5a155a909175c.jpg](https://steemitimages.com/DQmbPeN9ipfvven4agtjEuQGPNZ1F5ko9e7DkKHTBQ18EBs/bitcoin-cryptocurrency-is-booming-865708330-5a155a909175c.jpg)",
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      "memo": "▶▶ Re-blog service ▶▶ 3200+ followers ▶▶ 0.02 SBDs/Steem ▶▶"
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      "parent_author": "",
      "parent_permlink": "myetherwallet",
      "author": "bestcryptonews",
      "permlink": "myetherwallet-users-in-dns-server-hijacking-usd150k-stolen-from-mew-hacking",
      "title": "MyEtherWallet Users in DNS Server Hijacking  : $150K Stolen From MEW Hacking",
      "body": "Users of MyEtherWallet, a web app for storing and sending ether and ethereum-based tokens, experienced an attack Tuesday that saw users of the service lose around $152,000 worth of ether.\n\nThe company was quick to alert users to the danger, tweeting a warning at 7:29 a.m. EDT, within 15 minutes of when the hack began:\n\nCouple of DNS servers were hijacked to resolve https://t.co/xwxRJ4H4i8 users to be redirected to a phishing site. This is not on @myetherwallet side, we are in the process of verifying which servers to get it resolved asap.\n\n-- MyEtherWallet.com (@myetherwallet) April 24, 2018\n\nEven so, users took to social media to report that they were losing funds.\n\n\"Went on to myetherwallet and saw that myetherwallet had [an] invalid connection certificate in the corner,\" rotistain posted to the wallet's subreddit around 8:30 a.m. EDT, adding:\n\n\"As soon as I logged in, there was a countdown for about 10 seconds and A tx was made sending the available money I had on the wallet to another wallet  '0x1d50588C0aa11959A5c28831ce3DC5F1D3120d29.' I have no idea what happened.\"\n\nMicky Socaci, lead developer at BlockBits.io, explained the attack in a post to the ethereum subreddit.\n\n\"Do not use myetherwallet.com if you're using Google Public DNS (8.8.8.8 / 8.8.4.4) at this moment,\" he wrote, adding: \"It seems these DNS servers are resolving the domain to a bad server that CAN steal your keys!\"\n\nHis explanation fits with MyEtherWallet's assertion that the attack was not on their side. Domain Name System (DNS) servers resolve website URLs to the appropriate IP addresses.\n\nMoney on the move\nAs of press time, the affected funds are being shuffled around and broken into smaller increments, according to data from blockchain information provider Etherscan.\n\nInitially, the Etherscan block explorer showed 0x1d50588C0aa11959A5c28831ce3DC5F1D3120d29 as having received 179 inbound transactions starting from 7:17 a.m. and totaling 216.06 ether, or nearly $152,000 at the time of writing.\n\nThe attacker sent 215 ether to another address, 0x68ca85dbf8eba69fb70ecdb78e0895f7cd94da83, at 10:15 a.m. Since then, the funds have been split further, with increments being divided between multiple wallet addresses.\n\nAccording to MyEtherWallet CEO Kosala Hemachandra, \"all the DNS servers are resolving back to correct addresses.\"\n\n\"But I want to wait another [hour] or so,\" he added during a conversation on Skype.\n\nHemachandra said that the hackers were apparently \"large enough to do a DNS poisoning attack on Google public DNS servers, which made it cache a malicious IP address for myetherwallet.com.\" Google fixed the issue \"in a very short time,\" he went on to say.\n\n\"It is really unfortunate, we live in a world where even the most secured websites are prone to this kind of attacks,\" Hemachandra told CoinDesk. \"I am sad about this and I hope MEW team will be able to educate users and convince them [to] use hardware wallets and local versions of MEW.\"\n\nGoogle's press office did not immediately respond to a request for comment.\n\nHacker image via Shutterstock.![MEW.jpg](https://steemitimages.com/DQmZEdezpjE81Bbxs9w1pVYAFPhPW8pud93FY6xgoY3wsU2/MEW.jpg)",
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      "title": "Will Tron Moon How High Will Tron TRX Rise CryptoCurrency News",
      "body": "<center><a href='https://d.tube/#!/v/bestcryptonews/0b2j33uc'><img src='https://ipfs.io/ipfs/QmV4DgGgbzBAbLVRgNAjNHhDETVrNiLLT1xXqUbzd62T6q'></a></center><hr>\n\nWill Tron Moon How High Will Tron TRX Rise CryptoCurrency News\n\n<hr><a href='https://d.tube/#!/v/bestcryptonews/0b2j33uc'> ▶️ DTube</a><br /><a href='https://ipfs.io/ipfs/QmdbiJv33Sr69NQoTnkXUyHykSvGhLDupbXiwCABtc9zed'> ▶️ IPFS</a>",
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      "parent_permlink": "the-real-reason-i-think-btc-is-down",
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      "permlink": "re-bestcryptonews-the-real-reason-i-think-btc-is-down-20180330t212453055z",
      "title": "",
      "body": "A word that springs to mind... Glory Hunters. \nNo loyalty, unfortunately.\nI've always said, crypto is a long-term strategy. Constantly chasing the short-term benefits will lead to failure.",
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      "parent_permlink": "btc",
      "author": "bestcryptonews",
      "permlink": "the-real-reason-i-think-btc-is-down",
      "title": "The Real Reason I Think BTC is Down",
      "body": "Okay, so it's pretty clear that altcoins are hot right now, and growing in numbers. The altcoins are in heavy competition with one another, but despite that, BTC is fueling these other currencies. BTC is here to stay, but right now a lot of BTC is being sold into RXP, NEO, XRB, etc... And as for the folks who are pump n dumping these crazy altcoins, when they are finished, they will be investing more in BTC again along with the other big dawg(s) who come out of the fight.",
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      "parent_permlink": "coinbase",
      "author": "bestcryptonews",
      "permlink": "coinbase-customer-service-doesn-t-actually-read-your-emails-when-you-send-them-they-are-the-worst",
      "title": "Coinbase Customer Service doesn't actually read your emails when you send them. They are the WORST.",
      "body": "in reference to Case #4010669.\n\nThis has been so hilarious it is awful.\n\nTwice, they actually responded to me with someone elses answer and account information (They were answering someone else in my ticket while ignoring my request).\n\nThen in the next six emails back and forth I begged them to read what I wrote, and of course they didn't, each time sending a generic response that had nothing to do with what I am talking about.\n\nThe best part was when two different Coinbase reps on REDDIT contacted me asking for the Case # saying they would help. I never heard from either of them again.\n\nSeriously. Coinbase is worse than Comcast was 3-4 years ago. I am seriously at a point where I hate this fucking company.\n\nThey do not deserve our business.\n\nPlease upvote this thread. I figure if ![U5dstAcJbzLkEdUnAVTQ9xJ1UUFjCgQ_1680x8400.jpg](https://steemitimages.com/DQmSUhACyAQbH2A3usbcveVxzCVLt3qWDnnVmbyjQk3HwFQ/U5dstAcJbzLkEdUnAVTQ9xJ1UUFjCgQ_1680x8400.jpg) continuously gets blasted online maybe they will actually improve. Comcast did.",
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      "parent_permlink": "china-is-still-planning-to-launch-its-own-national-cryptocurrency",
      "author": "cheetah",
      "permlink": "cheetah-re-bestcryptonewschina-is-still-planning-to-launch-its-own-national-cryptocurrency",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://decentral.market/2018/03/30/china-is-still-planning-to-launch-its-own-national-cryptocurrency/",
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      "parent_permlink": "china",
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      "permlink": "china-is-still-planning-to-launch-its-own-national-cryptocurrency",
      "title": "China is Still Planning to Launch its Own National Cryptocurrency",
      "body": "The Peoples Bank of China (PBoC) held its 2018 National Currency Gold and Silver Work Video and Telephone Conference on March 28 where among all things currency related the continuation of strict regulations on cryptocurrency was announced.\n\nConference Establishes Strategy to Protect Yuan\nDeputy Governor of the PBoC Fan Yifei attended and delivered a speech in which measures to protect the value of the Yuan were outlined.\n\nThough much of the time was dedicated to acknowledging the accomplishments of the PBoC through the previous year there were other points on the agenda, one of which was the development of the PBoC’s own digital currency and the control of unofficial ones.\n\nSpeaking of the government developed digital currency Fan said “Efforts were made (by the PBoC to strengthen the management … steadily promoted the development of the central bank’s digital currency,” and then later in the speech when naming objectives for the coming year he called for the bank to “solidly promote the R&D of the central bank’s digital currency,”\n\nAs he moved on to measures to protect the value of the Yuan he talked extensively about detecting and eliminating counterfeit currency in the system as well as the need to “carry out rectification of various types of virtual currencies”\n\nThough he never spoke outright about Chinas regulatory stance on cryptocurrency the absence was emblematic of the government’s strict though often self-conflicting stance.\n\nDo What I say, Not What I do\nOnce a dominant market for Bitcoin China’s crackdown on both foreign and domestic cryptocurrency has been extensive. Banning ICOs, crypto related websites and freezing accounts used in digital trading have all become standard practice in the country.\n\nPBoC governor Zhou Xiaochuan has been clear that the country does not recognize digital currencies as it does traditional fiat saying the “The banking system does not accept it.”\n\nAt the same time, the PBoC is planning its own…",
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      "parent_permlink": "btc",
      "author": "bestcryptonews",
      "permlink": "why-i-will-hodl-my-coins",
      "title": "Why I will HODL My Coins ??????????????????",
      "body": "I have been broke for the majority of my life. Last year I got divorced and began investing in BTC. I made some lucky trades and turned my meager savings into a quarter million dollars. I thought it would never stop.\n\nIn the past 4 months I have gained and lost more money than I ever imagined having in my entire life and that's an amazing thing. I am still way up from my initial investment and even though I could cash out right now and pay off my loans and credit cards, I can do that anyways without needing to cash out my cryptos. I'm a college grad with a good job and make enough to chip away at debt every month and pretend like this crypto doesn't exist.\n\nMy goal is to continue holding for the next 3-5 years (I probably shouldn't buy more but I did over the past week to top off my positions in my favorite coins. I couldn't resist having money in the bank and crypto being this cheap.\n\nThis technology is revolutionary and I'd rather be broke again having believed in something than slave away for the rest of my life having not taken risks. My manager is 58, rich, and is still counting down the days to retirement. He claims he gets paid too much to quit, and he could probably retire now, but we only live once. To me, the ability to sleep in and spend quality time with family and friends and go on adventures is worth more than money. Bitcoin has bubbled and crashed so many times and I don't care if it takes 3 years to recover because if the next bull run is anything like 2017, I will absolutely be a millionaire. I've set myself up for that. I wish everyone else the best of luck except those who are selling. To you, I hope you watch BTC grow and flourish and get left on the sidelines haha.\n\nEdit: I don't really wish others get left behind, I just think it's foolish to be selling now.",
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      "body": "Congratulations @bestcryptonews! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstcomment.png)](http://steemitboard.com/@bestcryptonews) You made your First Comment\n\nClick on any badge to view your own Board of Honnor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\nBy upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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