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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Bing Bins Cryptocurrency Advertising on Its Platform

Category: Altcoins, Bitcoin, News, Regulation

Bing Bins Cryptocurrency Advertising on Its Platform

While some companies are investing, adopting, and utilizing cryptocurrencies or its related products, “FANG” stock companies are persistently avoiding the digital asset in all forms. The latest to do so is Microsoft Bing, which joins Google and Facebook in their decision to ban cryptocurrency-related advertisements on their platforms. Move to Avoid Lawsuits Announced via an official blog post on May…

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Facebook Interested in the Use of Blockchain, Dedicates Internal Team to Explore the Technology

Category: Blockchain, Business, News, Tech

Facebook Interested in the Use of Blockchain, Dedicates Internal Team to Explore the Technology

Facebook’s Blockchain Bet The year 2018 may go down as the turning point in the history of blockchain technology, as an increasing number of companies are testing the use of a distributed ledger technology within their organization. Spearheading the adoption were financial institutions and logistics companies, and it seems like the tech sector does not want to be left far…

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Virgin Air Founder Publicly Denounces Bitcoin “Get Rich Quick” Schemes

Category: Bitcoin, Commentary, Ethereum, News, Regulation

Virgin Air Founder Publicly Denounces Bitcoin “Get Rich Quick” Schemes

Virgin Air founder Sir Richard Branson warned about investing in dubious bitcoin trading schemes in a blog post on May 3, 2018. He advised people to not believe or invest their hard earned money in a cryptocurrency trading scheme that sounds too good to be true. There have also been several instances in the past where misleading advertisements posted online…

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Cryptocurrency Virus Threatens Facebook Users, Gets Shut Down Before Causing Damage

Category: Altcoins, Commentary, News, Tech

Cryptocurrency Virus Threatens Facebook Users, Gets Shut Down Before Causing Damage

The fully-digital nature of cryptocurrencies makes the asset class highly susceptible to online crimes, phishing, and the computer industry’s most dreaded threat; hacking. As the popularity of digital asset continues to grow, hackers and cyber-thieves find new, innovative methods to steal cryptocurrencies, usually without alerting the victim in any manner. Facebook Messenger Faces Hacker’s Wrath The latest mobile app to…

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British TV Star Sues Facebook for Defamation over Fake Bitcoin Ads

Category: Bitcoin, Commentary, News

British TV Star Sues Facebook for Defamation over Fake Bitcoin Ads

British TV star Martin Lewis is suing social media giant Facebook. He claims that online scammers are using his reputation in more than 50 fake get-rich-quick schemes. Outrage and Delays Although Lewis reported the fake ads, he’s outraged that Facebook has taken days and in some cases weeks to remove them. Lewis also notes that even if the original ad…

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Cambridge Analytica’s Planned ICO Under Doubt After Facebook Debacle

Category: Altcoins, Business, News, Regulation, Tech

Cambridge Analytica’s Planned ICO Under Doubt After Facebook Debacle

The pariah of user data, Cambridge Analytica, was planning an ICO before it got exposed as an abuser of Facebook users’ data according to Reuters. Implicated in a string of sordid affairs that include attempts to engineer the last American election, the company is now contemplating whether it has the credibility to go ahead with its planned ICO. In probably…

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FBI to Google: Stop Displaying Cryptocurrency-related Advertisements

Category: Altcoins, Bitcoin, Business, News, Regulation

FBI to Google: Stop Displaying Cryptocurrency-related Advertisements

On January 30, social media giant, Facebook updated its ads policy, prohibiting adverts that promote cryptocurrency and ICOs. While many believed that Facebook’s decision is an unforced decision made to eradicate scam ICO schemes, the latest report has emerged, revealing that the FBI actually pressured Facebook to ban crypto-related adverts. Now, the federal authority is trying to force Google to…

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Facebook Bans Cryptocurrency Advertisements on its Network

Category: Altcoins, Business, Commentary, News, Regulation

Facebook Bans Cryptocurrency Advertisements on its Network

  In a blog post published on the Facebook Business platform, the company detailed important changes to its advertisement program aimed at “Improving Integrity and Security of Financial Product and Services Ads.” In a nutshell, Facebook’s new policy is an attempt to stem the flow of cryptocurrency and initial coin offering related advertisements popping up on the website. Tentative Ban…

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