Facebook’s on Wednesday has reversed its controversial ban on cryptocurrency ads and will now allow some preapproved advertisers to promote crypto businesses and services, like exchanges.
Cybercriminals extended their operations in cryptojacking and other cryptocurrency mining schemes, where perpetrators hijack victims’ browsers or infect their systems to secretly use them to mine for legitimate cryptocurrencies such as Bitcoin.
Bitcoin has seen prices fluctuate throughout the day, which shows how volatile the currency is, prompting the question, what leads to such huge movements?
Alex Tapscott, author of the Blockchain Revolution, reiterated that Blockchain technology will have bigger impact than any other technologies in the Fourth Industrial Revolution as it represents the second era of the internet – the internet of value.
One place in the world that does not lack enthusiasm for cryptocurrencies is Dubai: the emirate is home to a string of initiatives linked to the blockchain-based virtual currencies.
The Dubai Police have reportedly recovered over $1.9 million (AED7 million) from a gang who deceived two brothers who wanted to buy Bitcoins.
Iran’s central bank has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported.
Following Twitter’s announcement of banning cryptocurrency ads, Bitcoin prices lingered around the $8000 mark, according to a report in Bloomberg. …
Financial policymakers from the world’s top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage.
The company held seminars in Dubai Design District and in Abu Dhabi with Emercoin to showcase blockchain projects that will improve services for companies, governments and individuals around the world.