BITPoint Japan has said that the roughly 50,000 users who lost funds in its recent hack will be reimbursed in cryptocurrency on a 1:1 basis.
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tribeOS Study: 77% marketers know ad fraud exists, 20% think campaign affected
Blockchain-based digital advertising marketplace tribeOS has published a study, according to which 77% of marketers know ad fraud exists yet only 20% think their campaigns are affected. Ad fraud is the second most profitable type of organized crime in the world. It is second only to drug trafficking…
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How Bitcoin Futures Products Affected Cryptocurrency Markets in 2018
It has been a year since the start of Cboe’s XBT futures contracts and CME Group’s bitcoin derivatives products launched last December. With super bearish prices these past few months, a lot has changed since the cryptocurrency economy touched all-time highs on spot markets. Meanwhile, bitcoin futures contracts have been growing and some skeptics still believe these derivatives products are disruptive toward cryptocurrency spot prices.
Also Read: Law Professor: Confusing Crypto Regulations Will Hamper Innovation
Top 5 Industries Already Affected by Cryptocurrency
A major argument in favor of blockchain technology is the role it will play in disrupting and revolutionizing major industries worldwide, as cryptocurrencies can be used to facilitate transactions and communications in new and empowering ways. While the possibilities of tomorrow are exciting, the utilization of this emerging tech on industries today is similarly significant. Here are five industries already seeing a positive impact through their use of crypto.
Google Bans Cryptocurrency Ads, But Bitcoin Not Affected
Following in the footsteps of Facebook, Google has announced it will ban cryptocurrency and initial coin offering (ICO) promotional material from its ad platform.
Google Cracks Down on Sketchy ICOs & Crypto Ads
Alphabet Inc.’s Google explained the new policy will go into effect in June of this year, affecting its search engine, advertisements on YouTube, and and its display-ads network.
Google’s crackdown is intended mainly to “prevent consumer harm” and follows Facebook, which adopted a similar policy in late January.
Google’s announcement reads:
Coincheck to Reimburse $425 Million to Users Affected by Hack
Japanese crypto exchange Coincheck announced that it would reimburse roughly $ 425 million to its users affected by the recent hack.
Usually when a cryptocurrency exchange is hacked, its users are out of luck. Valuable coins that have been stolen are never seen again, leaving users with empty wallets, shattered hopes, and lots of anger. However, the recent major hack of Coincheck is playing out differently as the Japanese exchange announces it will pay back $ 425 million to those affected by the virtual robbery.
