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Crypto Recap June 26: Facebook Relaxes Ban on Crypto Ads

Author: CoinLive News Team Jun 27, 2018 at 06:30

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Facebook is reversing its ban on cryptocurrency ads

Facebook is reversing its ban on cryptocurrency advertisements and will now allow some preapproved advertisers to promote crypto businesses and services, like exchanges.

US Federal Reserve Bank Recognizes Cryptocurrency

Four cryptocurrencies have been added to the Federal Reserve Bank of St Louis, one of twelve regional banks in the US central banking system. The four cryptocurrencies are Bitcoin, Litecoin, Bitcoin Cash and Ethereum. 

EOS Drama Continues As Heated Exchange With Block Producer Emerges

The ongoing drama surrounding the EOS platform’s controversial consensus mechanism took another interesting turn today - as a screenshot apparently showing a conversation with an EOS block producer (BP) has emerged.

Pornhub to Accept Tron’s Cryptocurrency, Whose Founder Just Bought BitTorrent

The pornography industry is often an early adopter of new tech. And so it has come to pass with the highly volatile world of cryptocurrency, the internet’s decentralized and encrypted electronic cash networks.

ING believes interest in bitcoin is going to grow exponentially

According to a survey conducted by ING, interest in Bitcoin may increase in the future. The European individuals consulted about this showed a growing interest for Bitcoin and cryptocurrencies

A New Business Model Is Shaking Up the Crypto Exchange Rankings

The recently introduced "trans-fee mining" revenue model is starting to change the cryptocurrency exchange landscape, despite some criticism of the method from industry insiders.

Japan's Finance Minister Balks at Changing Crypto Tax Rules

Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies.

Florida Is Creating Its Own Crypto Czar

The Sunshine State's chief financial officer, Jimmy Patronis, said in a statement Tuesday that he has created a new position to supervise the state's cryptocurrency industry. 

Zcash Claims 'Successful' First Hard Fork

Privacy-focused cryptocurrency zcash executed its first and long-awaited hard fork on Tuesday morning. Called Overwinter, the upgrade was activated at 00:42 UTC on June 26.

Nasdaq Report: Only Five Percent of Stock Market IT Providers Have Deployed Blockchain

IT providers for stock markets and exchanges have been slow to adopt blockchain technology, Nasdaq told The Wall Street Journal June 26.

This New Trick Helps Exchanges Artificially Pump Up Their Trade Volume

Some exchange operators have found a new trick to artificially pump up their trade volume. They are directly rewarding users with their own issued tokens for generating transactions.




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