Cryptocurrency selloff intensified after Twitter (NYSE:TWTR) imposed an advertisement ban on cryptocurrencies and related activities. Following in the footsteps of Google (NYSE:GOOG) and Facebook (NYSE:FB), Twitter management also see advertising of token sales and initial coin offerings (ICOs) harmful to consumers. The Twitter ban will also cover ads related to cryptocurrency wallet services and cryptocurrency exchanges.…
Update: We reached out to Game.com yesterday in response to the negative buzz circulating within the Tron Dogs community. David Sun, Head of Global PR & Marketing at Game.com, promptly responded back saying: Recently, there have been various reports of profits being taken from players accounts without consent or a formal announcement. Can you comment on…
Crypto scams and frauds are tightly connected to the cryptocurrency markets due to their unregulated nature and lack of trading guidelines. Regulators, analysts and advertisement companies have been criticizing crypto coins with concerns related to illegal activities. Mark Carney thinks crypto traders are fools while Business magnates like Bill Gates and Warren Buffet call it…
Earlier this week, Bitcoin price fell below the pivotal $8,000 mark in light of Twitter’s decision to ban all ads related to initial coin offerings, token sales, exchanges, and wallet services. However, its price began to fall even before the Twitter announcement, so the price decline could also be attributed to continued weakness in the…
KuCoin Eliminates BCH from its platform. KuCoin is a relatively new exchange house that has made a name for itself in a market dominated by renowned giants such as Binance, BitTrex, and Kraken for example. Based in Hong-Kong, its main competitor is no less than the world’s largest Exchange regarding 24-hour volume, yet KuCoin’s confidence…
Twitter announced yesterday that it would be banning crypto ads on its platform and many coins tanked on the news. However, some coins, such as EOS, TRON (TRX), and Mithril (MITH) are holding on. EOS EOS is currently selling for $6.29, which puts the coin up 5.28% in the past 24 hours. Source: CoinMarketCapThere isn’t…
Welcome to Day 11 of Crypto Madness – We at cryptocurrencynews.com, CCN, are pleased to bring the fans the ICO showdown. Today’s competitors: TrustedHealth vs. Bethereum TrustedHealth topped Guardian Circle back on March 20th, and Bethereum beat MEvU back on the 22nd. Check out Day 10 of Crypto Madness The Rules Each match-up winner will not be based…
Due to the unregulated nature of bitcoin and most companies operating in the crypto space, there is little legal recourse available for consumers who fall victim to scams or suffer a loss of funds due to operational issues or account closures on trading platforms. That does not mean, however, that consumers have not tried. Consumer…
First, Facebook banned crypto ads. Then, Google announced it would be banning them as well – many coins dropped when the news was released. Add Snapchat and Twitter into the mix and out comes an internet cocktail that is surprisingly light on crypto ads. What does this mean for the future of crypto? The results…
The Chinese cryptocurrency exchange, Huobi, just announced that it will be launching in the U.S. soon. Like many other exchanges, Huobi suffered greatly last year when China imposed their cryptocurrency ban. Since then, the company has sought shelter elsewhere and it seems they have found their latest refuge. At the beginning of the year, Huobi…
