The XMRWallet, founded and developed by Nathalie Roy, has passed a security audit conducted by the New Alchemy Blockchain security division. New Alchemy stated that all the of critical issues had been fixed in the report published on July 18. Some new features of the app were introduced after the audit, although the founder of XMRWallet promised to consult with the auditors on any changes “to ensure a high level of security that everyone deserves.”

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Being on the list of the most popular cryptocurrencies, Monero aims to occupy the niche space of being an anonymous and secure coin. Major cryptos use open blockchains, which means transparency but also can be a way to trace a transaction to a real-world person. Monero allows for the obfuscation of sending and receiving addresses — as well as the amount of transactions — thanks to the specific CryptoNight algorithm.

Just like Monero, the XMRWallet is rooted in the community and was first introduced by Monero followers on the altcoin’s subreddit. It is a wallet for Monero transactions that strives to keep the anonymity of its users and facilitate the usage of the coin.

XMRWallet is a community-driven product, so it is funded by the users’ donations and does not charge any fees for the payments — apart from mining. It also relies on enthusiasts to further its development by having an open-source code.

A user can start using the wallet without registration. Instead, he/she may enter a once-generated Seed code — which is a unique combination of 25 words — to sign in. The optional registration process is instant and does not require passing any KYC procedures. The app does not keep any user data, and the Seed code is kept with the user.

The wallet is compatible with MyMonero seeds for wallet imports, as well as original Monero seeds for wallet imports. There is a visible height synchronization with a progress bar, and an automatically updated XMR/USD balance view. In addition, the XMRWallet already supports 10 languages, including English, German, French, Chinese, Spanish, Japanese and Russian.

To keep up with their claimed level of security, the startup’s founder and Monero enthusiast, Nathalie Roy, performed the app’s audit with New Alchemy — a blockchain strategy and technology group specializing in tokenized capital solutions, having an entire market cap of client portfolios exceeding $1.2 billion.

New Alchemy’s blockchain security division carried out XMRWallet’s review in early June. It focused on identifying the susceptibility to security flaws in the application’s behavior that may impact trustworthiness. Specialists inspected the app’s user interface and web traffic, along with part of the source code.

The results, published on July 18, show that XMRWallet’s “private server-side API functionality obfuscated client code and cryptography was out of scope.” However, a set of critical and minor exposures were identified. This included a cross-site scripting vulnerability stemming from the price feed, outdated component dependencies on both the client and the server, missing security-relevant headers as received from the server, inadvisable display of private fields and input auto-completion, and potentially risky usage of JavaScript and HTML/DOM functionality.

However, all of the critical issues were addressed by the XMRWallet’s team, which was confirmed by New Alchemy during a retest.

New Alchemy has reported that the XMRWallet “provides an excellent and intuitive user interface.” The group also stated that, “A key strength of the application is minimal endpoints, minimal external data dependencies and minimal unrelated web traffic.”

Upon the completion of the security audit, the XMRWallet.com team released new features: the option to set a USD price for sending Monero, a cleaned-up confirmation window when sending and a customized page for printing the Seed code.

“I will continue to consult with the New Alchemy over any changes made to the site to ensure a high level of security that everyone deserves,” Nathalie Roy concluded.

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Most crypto experts and watchers keeping track of the ICO phenomenon agree that the trend in the last few months has been for tokens to experience sharp drop in prices: increase in short-term but drop in long term. This has been one of the most significant challenges in the cryptoverse and has been brought to light by the Singapore-based trading platform, ABCC.

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In a world driven by so much hype and the fear of missing out, crypto enthusiasts and even experts are increasingly finding it difficult to identify genuinely viable projects. While I do agree that there are certainly many things to consider deciding whether the tokens of a project would increase in value over time, the most immediate evaluation criteria should be its uniqueness – what makes it stand out of the crowd. Other important features to consider are the Business Plan behind the token, the managerial antecedents and the executive profiles of its Team leaders.

ABCC Exchange’s new Token, AT seems to have all these features and even more checked! ABCC has an entirely different and unique approach that has never been seen on the Blockchain platform. While crypto experts see this concept as one of the most promising opportunities since the creation of Bitcoin, it also sets itself apart from other tokens and virtual currencies in so many ways. Unlike other Cryptocurrencies, ABCC Token (AT) will not inflate in the long term due to its half-life cycle. While other Tokens can only be used in voting with little further rewards, AT can be used in voting for coin listing, rewards, airdrops, private sale, extra mining power and much more. Also, AT will assist blockchain projects in building consensus among their investors and users, obtaining trading services and attracting the desired liquidity of their coins.

AT is the medium through which different parties can share value in a more open and convenient manner and plays a critical role in building consensus and creating and sharing value in the community.

In the wake of many failed blockchain projects, investors and speculators are wary investing in new coins, fearing of entering a scam or a project that won’t deliver on its promises. To address these rightful concerns, AT has been designed to reward holders, not those who want to make a quick cash grab by entering pump-and-dump schemes. AT holders benefit from airdrops, rewards, listing voting, extra mining power and private sales. Moreover, 80 percent of daily transactions fees of the network go to AT holders, which is an incentive toward more active participation in the community.

ABCC is set to deliver a groundbreaking agenda, developed on an advanced platform, policy, and mechanism which guarantees that the ABCC Token (AT) will be the most stable cryptocurrency on the market. By adapting the Platform Token 3.0 model AT is currently the only platform token whose rewards can be predicted and whose value can be estimated based on a P/E ratio – amazing isn’t it?

As the trading volume of ABCC Token skyrocketed immediately after the issuance on July 9th, the company promises a steady growth and that’s what users have been witnessing. This reflects the transparency of the company and has significantly increased the confidence of users in its sustainable model and mechanism.

An analysis of market cap ranks of tokens signifies that ABCC Token (AT) may exhibit the biggest increase in market cap ranking. It moved up Global No. 5.

Let’s take a look at the Team leaders, investor, and advisors.

ABCC was founded by Calvin Cheng who is a media magnate and former member of Singaporean parliament. He has an experienced team of four advisors, this includes Dr. Michael Frendo, former minister of foreign affairs of Malta. Zhang Lei, product manager and serial Entrepreneur (he was also the founder and CEO of Tapas Mobile before it merged with Baidu Mobile Security BG), Weixing Chen, blockchain investor who has invested in several blockchain projects and Forrest Chen, co-founded of Umeng which was acquired by Alibaba.

With a team with such experience and expertise, ABCC is uniquely positioned to achieve its short and long-term goals. It has not only succeeded in facilitating investments by helping individuals identify valuable blockchain assets, but it has also offered users a secure online platform on which to trade seamlessly.

The exchange also has three institutional investors credited to its name viz. Funcity Capital, Patrik Dai, who is behind Dream Seeker Capital (QTUM), and BlockOrigin Capital of Shi Yi (OCN).

ABCC Token will be utilizing blockchain technology with the ultimate goal of creating a system that provides financial incentive to virtually any and everyone. With all the above indications the ABCC Token has proven to set itself out of other trading systems and tokens. It is truly unique and has proven to be promising just within the past few days with its increase in trade volume. While there are a lot of scams out there, you can trust the ABCC as it promises to be a valuable token in the long run.

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