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Zuckerberg unfazed about $2.8B metaverse division loss in Q2
28.7.2022
“This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg
Globant Survey: Most Gamers Believe Metaverse Will Change the Gaming Industry Positively
18.7.2022
A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still...
400+ Crypto Advertisements Violate Guidelines in India — ‘Some Influencers Talk About Crypto Without Understanding It’
29.6.2022
The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received are directed at influencers. “Some influencers talk so confidently about crypto without fully...
Crypto Exchanges Backing Away from Sports Spending as Crunch Continues
21.6.2022
Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets.
Many crypto companies – including Crypto.com and Coinbase – have responded to a sharp drop in crypto prices and trading volumes by announcing they...
Ukrainian Crypto Exchange Reportedly Close to FC Barcelona Sleeve Sponsorship Deal
13.6.2022
Ukraine’s WhiteBIT crypto exchange could become the first firm in the blockchain technology space to have its name featured on an FC Barcelona shirt – with a sleeve sponsorship deal reportedly on the verge of completion....
Read More: Ukrainian Crypto Exchange Reportedly Close to FC Barcelona...
Leaked 'Shill Price List' Alleges Crypto Influencers Charge Up to USD 25,000 for a Shill Tweet
19.4.2022
Zachxbt, an anonymous crypto researcher and self-proclaimed "on-chain sleuth," has published an extensive list of crypto influencers and how much they allegedly charge to "shill" crypto projects on Twitter.
Zachxbt told Motherboard that the list came from a "marketing firm" but did not disclose...
Report: Future Xbox Games Might Have Ads, Tech's Being Developed
16.4.2022
Raise your hand if you’re excited to see more ads inside your favorite video games? I don’t see any hands. Well, bad news: A new report claims that Microsoft is building an advertising program to give “select brands” the ability to buy ads that will then appear in free-to-play Xbox games. And while...
Meta Opens Monetization Options to Users of Horizon Worlds
13.4.2022
Meta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a number of users to collect payments for access to their created environments, or for virtual items sold...
Ripple’s Larsen Teams Up With Greenpeace & Co to Spend USD 5M on Recycling Bitcoin Mining FUD
29.3.2022
One of Ripple’s top executives has stoked the ire of the Bitcoin (BTC) community again, with a fresh assault on the way the network operates and its supposed environmental impact.
After last year launching what miners tagged “the stupidest idea” of 2021, suggesting that the Bitcoin protocol...
UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’
23.3.2022
The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor for compliance and implement sanctions if we do not see improvements,” said the regulator. British Advertising Regulator’s...
UK Ad Regulator Sends 'Enforcement Notice' to Crypto Promoters
22.3.2022
The Advertising Standards Authority (ASA), the self-regulatory organization of the advertising industry in the United Kingdom, has sent an "Enforcement Notice" to over 50 companies that promote digital assets, asking them to review their ads.
The notice mandates crypto companies to comply with...
Two Crypto Lawsuits to Watch: Meta and Coinbase Enter New Legal Battles
18.3.2022
Two recently filed lawsuits could potentially impact the crypto industry, with the suing parties taking aim at Facebook owner Meta and major crypto exchange Coinbase for their alleged unwillingness to take more decisive steps to combat crypto-related scam advertisements and engaging...
UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO
3.3.2022
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...
UK Advertising Watchdog Bans Floki Inu London Ad Campaign
2.3.2022
The UK advertising watchdog Advertising Standards Authority (ASA) has decided to ban an advertising campaign launched by floki inu (FLK), a memecoin named after Tesla and SpaceX founder Elon Musk’s Shiba Inu dog. The move follows earlier calls by local politicians to ban ads featuring...
India Unveils Guidelines for Crypto Advertising
25.2.2022
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.”...
Indian Advertising Watchdog Releases New Guidelines For Crypto Ads
23.2.2022
The Advertising Standards Council of India (ASCI) has released new guidelines for advertising virtual digital assets and related services in a bid to introduce industry standards.
The council said in a statement that the guidelines were developed following extensive consultation with relevant...
Brian Armstrong Reveals Behind the Scenes of Coinbase’s Super Bowl Ad
21.2.2022
This year's Super Bowl, the annual playoff championship game of the US National Football League, had multiple ads coming from the major crypto players, and one unusual advertisement by the major crypto exchange Coinbase seems to be an unlikely Super Bowl winner.
The ad, which was not as cinematic...
No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan
14.2.2022
Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian investors under the new rules. Russian...
This Man Loves Japan. His Name Is Tommy Lee Jones.
14.2.2022
You might like Japan. But if you are Tommy Lee Jones, you totally *heart* it. Who loves Japan? Why, Tommy Lee Jones, that’s who! Read more
UK to Tighten Rules on Crypto Ads to Ensure They’re Fair, Clear, Not Misleading
19.1.2022
The U.K. government has announced plans to impose new rules on cryptocurrency ads to ensure they are fair, clear, and not misleading to consumers. The rules will be enforced by the Financial Conduct Authority (FCA). UK to Impose New Rules on Crypto Ads The U.K. government announced Tuesday plans...