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- Cryptocurrency prices tumble and exchange trading falters as snags crop up
- Why has Shiba Inu Coin overtaken Dogecoin and where is it predicted to go next?
- SafeMoon price prediction: One million wallet downloads
- Watchdog bans seven ads in crypto 'red alert'
- Cryptocurrency Shiba inu pops 30 percent after listing on Kraken exchange
- Meme coin Shiba Inu price rally spurred by Kraken listing starts to lose steam
- Kraken to launch NFT exchange to issue loans - Bloomberg
- KRAKEN ROBOTICS INC.
- IRS secures order to serve Kraken with customer data request on cryptocurrency traders
Cryptocurrency prices tumble and exchange trading falters as snags crop up
Seven cryptocurrency adverts have been banned by the UK's advertising watchdog. The Advertising Standards Authority ASA says monitoring cryptoassets, like Bitcoin, is a "red-alert priority" following concerns that many ads fail to fully convey the risks of investing.
The banned ads included a promotion by a pizza chain and Facebook ads for a large cryptocurrency exchange. The ASA says it hopes to produce new guidance on cryptocurrency advertising. All seven ads or promotions were "banned for irresponsibly taking advantage of consumers' inexperience and for failing to illustrate the risk of the investment", it said. The companies whose ads were found to have broken the rules were:. The firm said it was part of their annual celebration of "Bitcoin pizza day", which is said to mark the trading of two Papa John's pizzas for 10, bitcoins in May The company argued that the promotion did not make any comment on cryptocurrency or its suitability for investment.
The chain said the "free" Bitcoin offer was entirely different from a scenario where a consumer was given the opportunity to invest their own money in a financial product. But the ASA found the offer "trivialised what was a serious and potentially costly financial decision, especially in the context of the intended audience who were likely to have limited knowledge of cryptocurrency". Although it contained a lengthy disclaimer, the ASA considered that "consumers would not have had the time to comprehend the relevant information in the disclaimer, if seen at all, and that it therefore was not clear".
The decision comes as some politicians question whether any cryptocurrency adverts should run on London's trains and buses.
In November, the ASA announced that it was investigating adverts that appeared on the underground for cryptocurrency Floki Inu - a so-called "meme coin" named after billionaire Elon Musk's dog. That investigation continues, the ASA says, although Floki Inu insists that their adverts abide by the rules.
The bans form part of a broader project that will result in updated guidance for the advertising of cryptoassets next year. Miles Lockwood, the watchdog's director of complaints and investigations, said: "Cryptoassets are a red-alert priority issue for us.
The ASA said it would continue to review cryptoasset ads over the next few months, not just for cryptocurrencies but also for NFTs and fan tokens. Football fans spending millions on crypto-tokens.
Crypto adverts on London Tube under investigation. Image source, Getty Images. Coinburp: A Twitter page for Coinburp, a cryptocurrency trading platform. Payward: A digital poster for Kraken, an online cryptocurrency exchange.
Coinbase Europe: A paid-for Facebook ad for Coinbase, a cryptocurrency exchange platform. Crypto platforms. This video can not be played To play this video you need to enable JavaScript in your browser. Published 10 December Published 18 November Related Topics. Advertising Standards Authority Advertising Cryptocurrency.
Why has Shiba Inu Coin overtaken Dogecoin and where is it predicted to go next?
Handles multiple cryptocurrency exchange data feeds and returns normalized and standardized results to client registered callbacks for events like trades, book updates, ticker updates, etc. Utilizes websockets when possible, but can also poll data via REST endpoints if a websocket is not provided. Create a FeedHandler object and add subscriptions. For the various data channels that an exchange supports, you can supply callbacks for data events, or use provided backends described below to handle the data for you. Start the feed handler and you're done! Please see the examples for more code samples and the documentation for more information about the library usage.
SafeMoon price prediction: One million wallet downloads
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Watchdog bans seven ads in crypto 'red alert'
BUSINESS WIRE -- Kraken, one of the world's largest digital asset exchanges, is announcing its implementation of next-generation auditing standards designed to let clients prove their bitcoin and ether balances are backed by real assets held in our custody. Though the audit covers just two of the over assets available for trading on our exchange, it adheres to, and seeks to advance, recommended standards for new cryptographic audits that we hope will become widely embraced in the digital asset sector. Through our commitment to continuing Proof of Reserves audits, we believe Kraken can mitigate critical risks to client funds. With the announcement, Armanino has agreed to perform Proof of Reserves audits for Kraken semi-annually, following the attest standards used by the American Institute for Certified Public Accountants, a regularity intended to ensure Kraken meets rigorous standards for accountability. This regular transparency is designed to minimize trade-offs for client data privacy.
Cryptocurrency Shiba inu pops 30 percent after listing on Kraken exchange
Australia will consult on a digital version of cash that will be universally accessible At the same time, the country will consider a licensing framework that will allow crypto transactions within a regulated environment. The government will consult on a digital version of cash that will be universally accessible, according to notes from a speech to be delivered by Treasurer Josh Frydenberg in Melbourne Wednesday. At the same time, it will consider a licensing framework that will allow crypto transactions within a regulated environment. It expects advice to be received on both by the end of Additionally, Meta Platforms Inc.
Meme coin Shiba Inu price rally spurred by Kraken listing starts to lose steam
Its protocol is community-driven and rests on four basic functions during each trade: reflection, liquidity provider acquisition, a burn mechanism and contribution to the ecosystem growth fund. A key aspect is its automatic liquidity provider feature that acts as an arbitrage resistance mechanism, securing the volume of SFM as rewards for holders. The project favours utilising smart contracts to automatically capture the liquidity used in decentralised exchanges, which is then held in custody independent from user possession, as opposed to a traditional farming reward structure. SafeMoon also offers a wallet which includes multi-chain storage, fiat on-ramp integration, a contacts list and reflections tracker. A whale is a term used to describe individuals who hold a large number of coins of a particular cryptocurrency. The project claims that its automatic liquidity provider mechanism creates stability from the supplied liquidity provider by adding a tax to the overall liquidity of the token. How does SFM work?
Kraken to launch NFT exchange to issue loans - Bloomberg
Thanks for contacting us. We've received your submission. Shiba inu, the meme cryptocurrency inspired by Dogecoin , shot up by nearly 30 percent on Tuesday after it was listed on the popular Kraken exchange.
KRAKEN ROBOTICS INC.
RELATED VIDEO: Why You Need A Kraken Account RIGHT NOWJoin FlexJobs! To join its diverse team of doers and dreamers working across 60 countries, Kraken seeks curious, hardworking, and passionate professionals who value radical transparency, think differently, and are excited to bring secure cryptocurrency to the mainstream. Leadership also offers perks like equity options and the ability to be paid in Bitcoin. Acknowledging the significance of Bitcoin from the start, along with the value of exchange in the crypto ecosystem, Jesse Powell founded Kraken in to help people securely and quickly invest in the space.
IRS secures order to serve Kraken with customer data request on cryptocurrency traders
Thursday's plunge in crypto markets that coincided with the rout in tech stocks triggered by the whopping 26 percent drop in Meta Platforms FB , has been partly made good as cryptos rebounded amidst smart rallies by Snap Inc. Bitcoin dominates It advanced to 9th rank among all assets as per companiesmarketcap. Ethereum's dominance of the crypto market has surged to Meanwhile, Jump Crypto, the crypto arm of trading firm Jump Trading has come to the rescue of the Wormhole portal, replacing the tokens that were hacked in a major exploit on Wednesday. Solana which was down
The red-hot rally in meme-coin darling Shiba Inu is losing some of its steam. The token had posted a double-digit gain after crypto-exchange Kraken listed it for trading and e-retailer Newegg Commerce announced it will accept the digital asset as a form of payment. Many were struck by the tepid move. Earlier in the year, announcements large and small tended to move prices almost straight up.
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