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Crypto startup claims that Google Ads has blacklisted keywords mentioning Ethereum. On Jan. 10, Serbia-based smart contract auditing startup Decenter reported that Google has blacklisted keywords mentioning Ethereum (ETH) on its advertising platform, Google Ads. Google Ads: We can’t confirm that Ethereum is eligible to trigger ads, see our policySpecifically, the startup tweeted that they saw “a hard stop” on Google Ads containing the keyword “Ethereum” starting from Jan. 9. Decenter also tagged the advertising platform’s official account in the tweet, asking whether they had introduced any new policy changes. The Google Ads account then replied, stating that cryptocurrency exchanges targeting the United States and Japan can be advertised on the platform, while targeting other countries could be the reason for the ad rejection. While Decenter is based in Belgrade, Serbia, it does not provide services as a crypto exchange. Further, when the startup explained that they are a group of de..
Tim Draper is one of the most popular cryptocurrency investors in the world. He is in the same category as people like Mike Novogratz and the Winklevoss twins. These people started investing in cryptocurrencies early on and they’ve invested a significant amount of money in the industry over time. Even as the cryptocurrency market suffers a decline, Draper remains bullish about the nascent industry. Draper Talks About Digital Currencies During the 10th anniversary of Bitcoin, Draper was featured in an op-ed piece on CoinDesk. He said that he developed interest in digital assets about 15 years ago. However, he didn’t see any viable option for investment until 2011 when Peter Vincennes introduced him to Bitcoin. Draper bought the idea almost immediately buying $250, 000 worth of bitcoin from Mt.Gox. While Draper was happy with his investment, Mt.Gox eventually collapsed along with his investment. Bitcoin (BTC) Price Today – BTC / USD Name Price24H (%)$3,593.77 -0.43% After sometime, D..
French grassroots political movement is planning a bank run on Jan. 12. On Jan. 7, activists of the French grassroots political movement the Gilets Jaunes — Yellow Vests — announced a bank run via social media, essentially hoping to meet their goals by destabilizing the local financial system. Dubbed the “Collectors’ Referendum,” the movement’s latest demonstration calls on supporters to withdraw their savings from financial institutions on Saturday, Jan. 12. While the political action does not mention cryptocurrencies, it seems that such a run on the banks could hypothetically affect the crypto market — and vice versa. What’s a bank run?A bank run entails a lot of people withdrawing their money from a given bank. It normally happens when investors start to feel that their bank may cease to operate in the near future. As a result, a fractional-reserve banking system — in which banks keep part of their assets locally, usually at least equal to a fraction of their deposit liabilities — ..
For more than one year, the Ethereum community has been waiting for the Constantinople hardfork. Finally, everything is ready and the update will take place on the 16th of January 2019. Nicknamed Ethereum 2.0, this update promises to ignite the revolution of the Ethereum blockchain. With this update, the Ethereum consensus algorithm will change from proof-of-work to proof-of-stake. This update is going to introduce new pieces of logic that developers will use for creating smart contracts known as opcodes. It will delay the difficulty bomb slashing block rewards from 3 to 2 ETH. Ethereum Constantinople Hard Fork The Constantinople update, once activated, is going to be incompatible with the existing Ethereum version. This is what will lead to a hard fork when the blockchain reaches 7,080,000. Any legacy node that continues to run on the original Ethereum blockchain will be deprived of compensation. The tokens will become useless. Ether will automatically be available for spending on t..
Mainstream newspaper Time published an article illustrating the liberating potential of Bitcoin, especially in countries with oppressive governments. Bitcoin (BTC) has a substantial liberating potential, American mainstream newspaper Time reports on Dec. 28. The aforementioned article claims that “speculation, fraud, and greed in the cryptocurrency and blockchain industry have overshadowed the real, liberating potential of Satoshi Nakamoto’s invention.” According to the article’s author, Bitcoin “can be a valuable financial tool as a censorship-resistant medium of exchange.” Alejandro Machado, a cryptocurrency researcher at the Open Money Initiative, reportedly said that the fee on a wire transfer from the United States to Venezuela can be as high as 56 percent. To circumvent such conditions, Venezuelans have reportedly turned to cryptocurrency, receiving Bitcoin from their relatives abroad. The main alternative is to wire money to Colombia, withdraw and bring cash to Venezuela, which..
Major U.S. crypto wallet provider and exchange service Coinbase has launched an educational project that allows users to earn crypto as they learn about it. Major United States-based crypto wallet provider and exchange service Coinbase has launched an educational project that lets users earn cryptocurrency as they learn about it. The program, dubbed “Coinbase Earn,” was announced in an official blog post Dec. 19. Coinbase Earn has launched in an invite-only mode, with an initial focus on one digital asset, the ERC-20 token 0x (ZRX). The central idea, the post outlines, “is for users to understand more about an asset’s utility and its underlying technology, while getting a bit of the asset to try out.” Coinbase continues to explain that having conducted a survey among its customers and the wider public, it found that: “[O]ne of the biggest barriers preventing people from exploring a new digital asset was a lack of knowledge about that asset. Many of the people we surveyed expressed a s..
Trump has appointed a vocal Bitcoin supporter as his new chief of staff. United States President Donald Trump has appointed vocal Bitcoin supporter Mick Mulvaney as the new White House chief of staff. The 51-year-old politician, who is currently serving Trump’s administration as the director of the Office of Management and Budget (OMB), will become the acting chief of staff closer to the end of the year. The length of his tenure remains unknown at the time. Here’s what you should know about the new White House representative, and what it might mean for the crypto community. From ‘horrible human being’ to golf partner: Mulvaney’s relationship with TrumpIn 2010, Mulvaney was elected to the U.S. House of Representatives as a South Carolina member of the tea party movement. According to The Washington Post, he “was known for his professed support of fiscal conservatism” and was among the group of House Republicans who called for severe spending cuts in 2013 during Obama’s term. Around the..
If you’re still holding cryptocurrencies at this time, you’re a true believer. Since the 2017 bull run that took the price of BTC all the way to $19,500 came to an end, the price of cryptocurrencies have been on a steady decline. The sell-off has been major. Investors are dumping and trying to save what is left of their capital. At the same time, there are those who still refused to sell because they believe a bull rally is on the way. It is this set of people that cryptocurrency whale, Mike Novogratz offered a sound warning. Mike Novogratz Warns Believers Ever since the inception of the industry, there have been those who believe that cryptocurrencies are going to revolutionize the traditional financial sector. Going beyond the financial sector, blockchain technology, the brain behind cryptocurrencies, has the potential to change the way society works for the better. Yes, most people have established that a revolution is coming. However, it isn’t clear when and how this revolution wi..
U.S. SEC chairman Jay Clayton has said he is “optimistic” that developments in distributed ledger technology can bolster “capital formation.” United States Securities and Exchange Commission (SEC) chairman Jay Clayton has said this week that he is “optimistic” that developments in distributed ledger technology (DLT) can “help facilitate capital formation.” Speaking as part of a testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs — published on the SEC website Dec. 11 — Clayton added that DLT offers “promising investment opportunities” to institutional and retail investors alike. Clayton’s testimony spanned various aspects of the SEC’s oversight — including its regulatory and policy agenda over the past fiscal year as well as its “new strategic plan,” and 2019 “near-term” focus. Within this context, Clayton emphasized the agency was “focusing a significant amount of attention and resources” on Initial Coin Offerings (ICOs), distributed ledger technology (D..
Over time, there has been a debate about the status of XRP. Some people say that Ripple’s involvement in XRP makes the XRP token centralized. This is one of the reasons why big time exchanges like Coinbase have refused to list the XRP token. Well, the Chief Market Strategist at Ripple, Cory Johnson, during an event held in San Francisco, had something to say about this lingering issue. When asked to review progress of the coin this year, he said: “XRP’s price has fallen dramatically this year even if it is trying to find stability now. At the same time, Ripple is experiencing its most successful period ever. Every six weeks, two new customer join the fold. We currently have more than 150 financial institutions using our technology. So, the price of XRP and the adoption of the Ripple blockchain are two different things. Regarding the decentralized nature of XRP, he said: “Ripple isn’t decentralized. This is because it is a company with a broad and a CEO. It is no doubt a centralized ..