..

Twitter Confirms Ban of Bitcoin Ads, Prices Continue Downward Spiral

Written by:
Guest
Published on:
Mar/26/2018

(Associated Press) - Bitcoin began the week on a down note, declining as much as 8.7 percent, pushing the biggest cryptocurrency’s decline for March to about 25 percent.

Twitter Inc. confirmed today that it’s banning advertisements for initial coin offerings and token sales on its social-media platform. The decision comes after Facebook Inc. banned cryptocurrency ads in January and Alphabet Inc.’s Google said it would ban such ads starting in June, as part of a broader effort to crack down on deceptive and misleading advertising on their platforms.

After reaching a record high of almost $20,000 in December, Bitcoin has slumped about 60 percent as investors reconsider the prospects of the digital currency and regulators around the world increase scrutiny.

The U.S. Securities and Exchange Commission sent a number of subpoenas earlier this month to ICO teams it suspects are breaking securities regulations, and it has warned since July that some of the offerings may be breaking securities regulations. Twitter said on March 7 that it was implementing measures to prevent crypto scams.

Business/Financial News

Bitcoin Creator Craig Wright 100% Satoshi Nakamoto Says Miami Jury: Responds to Verdict (LIVE STREAM)

It's official!  Dr. Craig Wright is Satoshi Nakamoto, founder of Bitcoin!!!

Bitmart Suspends Withdrawals Following Apparent $200K Hack

Bitmart Suspends Withdrawals Following Apparent $200K Hack

Customers of the cryptocurrency exchange Bitmart fear the worst after it confirmed a $150K hack Saturday night.  Blockchain security and data analytics firm Peckshield estimates that the loss is closer to $200 million however.

BitMart Exchange Hacked, Reportedly Loses $196 Million

BitMart Exchange Hacked, Reportedly Loses $196 Million

One of the most devastating digital currency exchange hacks on record occurred late Saturday night as Bitmart reportedly lost some $196 million in various cryptos.

Jurors in Kleiman-Wright Case Worried Over Job Terminations

"Can we please get letters for our employers to let them know this is going to keep going"...

Ayre Predicts Mistrial in Kleiman-Wright Case

Ayre Predicts Mistrial in Kleiman-Wright Case

"Plaintiff could not meet the burdon of proving their case because only Craig is Satoshi and this is what came out in court," Ayre notes.

Syndicate