Google Shuts Down Its Crypto Ban Rumor Mill
Google is making a lot of headline news in the crypto space as of late, and there’s at least one area that deserves particular attention. It entails Google’s AdWords, which, as of this week, is called Google Ads. Since this name change, reports are surfacing that suggest Google’s anti-crypto stance doesn’t apply to this service.
It does.
Google slap
Google has taken several steps that observers see as the tech giant’s attempt to avoid the dark side of the crypto space. For example, this week it removed MetaMask—a browser-based Ethereum wallet—from the Google Chrome Web Store. The move sparked a panic inside of the community, and even MetaMask tried...
Google Co-Founder Billionaire Sergey Brin is an Ethereum Miner
How cool is THAT! hmmmm whats he really up too?
Sergey Brin, President of Google’s parent company Alphabet Inc., appeared on the panel on emerging technologies at the ongoing Blockchain Summit in Morroco.
At his last-minute surprise appearance at the summit, Brin revealed that he is mining Ethereum with his 10-year old son. He also stated that the concept of zero-knowledge proofs is “really mind-boggling”.
Zero-knowledge proof is a cryptography principle which enables to prove something without actually revealing the knowledge. This technology is utilized by cryptocurrencies such as ZCash to enable privacy features where users can conceal the transaction information while still securing the network on a public ledger.
The panel also consisted of Elizabeth Stark, co-founder and CEO of Lightning Labs, and Neha Narula, director of the Digital Currency Initiative at MIT Media Lab. Elizabeth Stark spoke about the lightning network and security of centralized exchanges.
“Lightning enables people to transact at a high volume using the...
Facebook Ads Relaxes Ban on Cryptocurrency Advertising
Big news on the social media marketing front for cryptocurrency advertising
Facebook is easing its ban – sort of – on ads related to cryptocurrency.
The social media giant has launched a "cryptocurrency products and services onboarding request" form that will allow some companies to get their ads on the platform, according to a blog post published Tuesday.
Facebook, however, won't allow advertisements for initial coin offerings or binary options. The prohibition on these remains in effect months after Facebook first took action against crypto-ads in a move that was followed by similar actions by Twitter, Google and other major sites.
The request sheet shows that the social media company wants specifics on the kinds of services companies wishing to advertise offer. For example, Facebook asks whether companies have the relevant licenses in order to operate, or if they are a publicly-listed company. Facebook has also...
