• Breaking News

    Friday, March 4, 2022

    Crypto Currency Markets UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO

    Crypto Currency Markets UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO


    UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO

    Posted: 03 Mar 2022 09:42 PM PST

    The U.K.'s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad's "Missed Doge? Get Floki" claim "exploited consumers' fears of missing out and trivialized investment in cryptocurrency." The ad was also "irresponsible" and "took advantage of consumers' inexperience or credulity," the regulator said.

    Floki Ad Banned in the UK

    The Advertising Standards Authority (ASA), the U.K.'s regulator of advertising, published its "Ruling on Floki Inu" Wednesday.

    The advertising authority began investigating an ad campaign for floki inu (FLOKI), the cryptocurrency inspired by Elon Musk's shiba inu dog, in November last year after the Floki ad was seen on public transport in London.

    The ad contains a floki inu logo and text that says, "Missed Doge? Get Floki." It also contains smaller text at the bottom that reads, "Your investment may go down as well as up in value. Cryptocurrency is not regulated in the UK."

    After investigation, the ASA ruled:

    The use of an image of a cartoon dog wearing a Viking helmet and the claim 'Missed Doge. Get Floki,' exploited consumers' fears of missing out and trivialized investment in cryptocurrency.

    In addition, the advertising watchdog ruled that "the ad was irresponsible" and "took advantage of consumers' inexperience or credulity." This is why there is the need for more decentralization like decentralized exchanges such as fomodex.io for people to make decisions by themselves.

    submitted by /u/chunzitdhfgd
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    Anonymous Crypto Wallet Moves $65M Worth Of Bitcoin Onto Coinbase

    Posted: 04 Mar 2022 02:17 AM PST

    P2E Public Relations: How to Launch Your Campaign for Maximum Success

    Posted: 04 Mar 2022 04:44 AM PST

    Play-to-earn crypto gaming: beginner's guide

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    Cardano Whales Have Purchased More Than 4 Billion ADA In 2022

    Posted: 03 Mar 2022 06:48 PM PST

    5 Reasons Why DeFi Thefts Are on the Rise

    Posted: 03 Mar 2022 11:34 AM PST

    75% of investors in emerging markets want more crypto – Survey

    Posted: 03 Mar 2022 10:32 PM PST

    As searches ‘fall off a cliff,’ monthly NFT buyers drop below $800K

    Posted: 04 Mar 2022 02:17 AM PST

    If Crypto Belongs in Retirement Accounts, Where Are the Assets?

    Posted: 03 Mar 2022 08:41 AM PST

    Tencent files for patent related to virtual concerts in Metaverse

    Posted: 04 Mar 2022 12:20 AM PST

    Cointelegraph launches new service dedicated to expanding crypto literacy

    Posted: 04 Mar 2022 03:43 AM PST

    Crypto Seeping in the Growing Film Industry

    Posted: 04 Mar 2022 02:34 AM PST

    Russian currency crisis; read how Bitcoin can overcome the Russian ruble

    Posted: 03 Mar 2022 11:38 PM PST

    Russian soldiers who surrender to Ukraine can receive 5 million Rubles worth of Crypto

    Posted: 03 Mar 2022 12:49 PM PST

    Token Traxx - Music NFT Platform TGE 14th March

    Posted: 04 Mar 2022 04:23 AM PST

    Been following this project called Token Traxx which is lead by what looks like music industry heavyweights in the UK. Their TGE is coming up on the 14th March so its a rare opportunity to get stuck in pre-sale and be early; no shortage of projects, shortage of good ones. Earning rewards for ownership of music sounds like a huge step in the right direction: https://medium.com/tokentraxx/deep-dive-into-the-traxx-token-9bfe860a6659

    Utility tokens normally don't do it for me, but think about BNB, TRAXX could be that for a music marketplace and that is wild. Whether you like it or not, imagine if you'd have earned 5% of Adele's new album?! I think the music industry is a big dinosaur industry now that is gatekept by the majors and this could the beginning of something bigger and better if they pull it off....

    It's built on Zilliqa too, so tiny fees. I'm a big fan of everybody winning, and this project talks about rewarding collectors and curators as well as creatives?

    There is a bounty campaign and a guestlist NFT in the works before the Token-Generation Event on the 14th so plenty to crack on with, can't see a roadmap beyond that just yet but follow their medium or jump in their TG group to stay tuned I guess.

    The Weeknd and Calvin Harris have been on about how to democratise music, maybe Token Traxx are going to be the first to do so?!

    Check their team out here: https://tokentraxx.com/explore#team

    submitted by /u/MeeBaccus
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    How Price is Related to Time (MUST SEE)

    Posted: 04 Mar 2022 04:18 AM PST

    The city of Lugano will accept Bitcoin, Tether and LVGA tokens as ‘de facto’ legal tender

    Posted: 04 Mar 2022 04:11 AM PST

    I scraped Reddit for the top ticker mentions in the last 24H. Here are the results (Friday March 04, 2022)

    Posted: 04 Mar 2022 03:35 AM PST

    Data source credits: Memeberg Terminal. For realtime mention counts and to see the specific comments people made about a ticker instead of just aggregate numbers, visit the source of this data @ https://memebergterminal.com

    Ticker Company # Mentions (24H) Percent Change (24H) Mentions and Charts
    BTC Bitcoin 361 -19.24 See Specific Mentions
    ETH Ethereum 162 -35.20 See Specific Mentions
    VET VeChain 62 287.50 See Specific Mentions
    ADA Cardano 58 11.54 See Specific Mentions
    ATOM Cosmos 53 47.22 See Specific Mentions
    CEX Catena X 52 36.84 See Specific Mentions
    ALGO Algorand 50 8.70 See Specific Mentions
    DEX dexIRA 36 -7.69 See Specific Mentions
    USDT Tether 33 6.45 See Specific Mentions
    LUNA Terra 32 -13.51 See Specific Mentions
    BAT Basic Attention Token 29 -23.68 See Specific Mentions
    CRO Cronos 26 -33.33 See Specific Mentions
    DOT Polkadot 25 -44.44 See Specific Mentions
    SHIB Shiba Inu 25 31.58 See Specific Mentions
    MATIC Polygon 25 13.64 See Specific Mentions
    SWIFT SwiftCash 24 20.00 See Specific Mentions
    XRP XRP 23 4.55 See Specific Mentions
    DYOR DYOR Token 23 9.52 See Specific Mentions
    LRC Loopring 23 -23.33 See Specific Mentions
    BNB BNB 22 29.41 See Specific Mentions
    JUNO JUNO 19 11.76 See Specific Mentions
    submitted by /u/CurrentPangolin
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    Bitcoin is now proving its true value in 3 different countries across the globe

    Posted: 03 Mar 2022 05:46 AM PST

    New Bitcoin Quickfire Update - is Bitcoin crash on the horizon?

    Posted: 04 Mar 2022 03:10 AM PST

    The Decentralized Web

    Posted: 03 Mar 2022 08:16 AM PST

    The Internet made the transfer of data faster and massively reduced the transaction costs of information exchange. Ten years later, the Internet became more mature and programmable.

    We saw the rise of the so-called Web2, which brought us social media and e-commerce platforms. The Web2 revolutionized social interactions, bringing producers and consumers of information, goods, and services closer together, and allowed us to enjoy P2P interactions on a global scale, but always with a middleman: a platform acting as a trusted intermediary between two people who do not know or trust each other.

    While these platforms have done a fantastic job of creating a P2P economy, with a sophisticated content discovery and value settlement layer, they also dictate all rules of the transactions, and they control all data of their users.

    However, blockchain seems to be a driving force of the next-generation Internet. This next-gen internet is referred to as the Web3 internet A.K.A the decentralized internet. Blockchain has revolutionized data is stored and managed on the internet. It provides a unique set of data (a universal state layer) that is collectively managed which allows us to send files in a copy-protected way, enabling true P2P transactions without intermediaries.

    For brands and creators, Web3 is an avenue to get even closer to their customers/consumers thereby helping improve interaction. This ultimately results in increased revenue because the more access consumers have to your products, the more likely they are to purchase them. However, migration to the Web3 internet isn't really easy.

    Brands require the right infrastructure on the right platform to make this happen. This is why platforms like Suku world have been predicted to have a great role in the transition of brands and creators to the Web3 internet.

    submitted by /u/Individual_Owl_6729
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    In a sh&t situation and job, you really start to understand the value of crypto

    Posted: 03 Mar 2022 09:03 AM PST

    Many first-worlders may extol the virtues of cryptocurrencies, but you haven't truly experienced economic liberty until you're free of the money your lousy nation utilizes.

    Since discovering crypto, my life has literally changed; I've been able to work, live, and maintain myself entirely online. I'm genuinely feeding my family while playing NFT games like Kitty Kart, while the local engineer works for a quarter of my wage for the entire month.

    It's a true godsend and a hero that we really needed. I adore this universe and what it has evolved into as a result. Projects were led by true visionaries who are changing the world one step at a time.

    I'm working online and getting paid in crypto to try my hand at real vocations that I've studied, like as programming and coding. This is the world I'd always imagined, but I didn't believe I'd ever see it.

    submitted by /u/Complete_Shift37
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    NFTs Build Great Communities. Here’s How Brands Can Learn.

    Posted: 04 Mar 2022 02:18 AM PST

    Warren Buffett’s three high-dividend equities to purchase in March for passive income

    Posted: 04 Mar 2022 02:18 AM PST

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