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RE: Alt-News #11: Former CIO of UBS, Oliver Bussman joins IOTA / IOTA team up with BOSCH / Coinmarketcap top 400 site worldwide / CNBC Interview with John McAfee
Like I said I have some IOTA and as well some Ripple but you are right it is better to stay away from coins like these open source is like you say the way to go :)
Here is a link where you can read about the bug:
https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367
check out david sonstebe response to that article...