Google Reversing Stance on Anti-Crypto Advertising Now Comes into Effect

“Beginning August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services,” said Google in June 2021, when it reversed its anti-crypto advertising stance. Back in mid-2018, Google banned crypto and initial coin offering (ICO) related advertisements but now regulated entities are allowed to market their services. This […]

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SEC Chair Gary Gensler Makes a Power Grab But It was Expected and Will Aid in DeFi Expansion & Bitcoin ETF Approval

Speaking at the Aspen Security Forum, US SEC Chair Gary Gensler said no crypto asset fulfills all the functions of money. They are primarily digital, scarce vehicles for speculative investment. “In that sense, one can say they are highly speculative stores of value.” Crypto assets haven’t been used much as a unit of account or […]

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Zcash Founder Proposes Moving to A ‘More Decentralized’ & Eco-Friendly PoS as PoW Has ‘Security Flaws’

Zcash founder Zooko Wilcox is now proposing to move his privacy-focused cryptocurrency from having a very large carbon footprint to a more eco-friendly approach which is Proof-of-Stake (PoS) consensus mechanism. “The benefits of PoS outweigh the drawbacks,” commented Electric Coin Company, the firm behind the Zcash. The second-largest cryptocurrency Ethereum is already underway this transition, […]

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Ethereum Will Outperform Bitcoin As A Transition in Storing Wealth Will Happen Beyond BTC: Pantera Capital CEO

Ether will outperform Bitcoin, said Pantera Capital CEO Dan Morehead at the Reuters Global Markets Forum on Monday. Still, Morehead sees Bitcoin ending 2021 between $80k and $90k, only to rise above $120k within a year. He said that increased mainstream adoption could see BTC soaring to as high as $700,000 in the next decade. […]

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