Tuesday, March 27, 2018

#CryptoCorner: Twitter ( $TWTR) Bans Crypto Ads, South Korean Outlets to Accept Crypto and Market Continues Slump


#CryptoCorner:  Twitter ( $TWTR)  Bans Crypto Ads, South Korean Outlets to Accept Crypto and Market Continues Slump




Point Roberts, WA, Delta BC – March 27, 2018 -  Investorideas.com, a leader in crypto and blockchain investing news reports on what’s driving the cryptocurrency markets with today’s edition of Crypto Corner.

Crypto Corner – March 27, 2018
By Samuel Mowers at Investorideas.com 



Twitter Bans Crypto Ads, South Korean Outlets to Accept Crypto and Market Continues Slump

Social media giant Twitter will be banning Cryptocurrency ads as of today, according to Trey Ditto of Ditto – a PR firm that specializes in crypto, blockchain and ICOs. This follows similar restrictions implemented by Facebook in January and Google earlier this month. Ditto said the following in a statement:

“It’s bad business to make blanket bans. There are good players in this space – both blockchain, crypto and ICO – that are being punished because of a few bad players. I think these blanket bans will be adjusted in the weeks to come with much more specific language around what is and isn’t legal.

Twitter and Facebook have bigger problems – like selling our data, altering elections and allowing hate to spread through bots and fake profiles. It’s hard not to laugh when a company like Twitter - that promotes millions of fake profiles and allows people to buy fake followers and likes - all of a sudden has a moral compass in the crypto space.

Blockchain, tokens and even Web 3.0 are direct threats to companies like Twitter who for too long have dishonestly acquired, sold and even lost consumer data, but we are moving into a new world where peer-to-peer transactions eliminate the need for large distrusted institutions and we can remain private or at least control who does and doesn’t have access to our information.”

In an article in the Korea Times, it was reported that 6000 outlets in South Korea will accept cryptocurrencies following a partnership established yesterday between cryptocurrency exchange Bithumb and Korea Pay’s Service.

“About 200 franchise brands will allow customers to use the service to pay at 6,000 outlets across the country.

Among the brands are dessert cafe Sulbing, Cafe Droptop, seafood buffet restaurant Todai and candle store Yankee Candle.

The two companies will work to make virtual currencies available at 6,000 outlets in the first half of the year and 8,000 by the end of the year.

"We have taken a landmark step," a Bithumb official said. "We will try hard to set up an environment in which cryptocurrencies are used extensively."”

The crypto market continues to slump with Bitcoin (BTC) dipping below $8000 USD late yesterday. The flagship cryptocurrency was followed in this decline by Ethereum (ETH), which has remained trading below $500 USD since yesterday. The crypto market cap at press time is hovering around $307 billion USD.

Get the Crypto Corner News by email Get Crypto Corner News


Crypto Corner Sponsors:

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/






Blockchain and Crypto Stock GoverMedia Plus Canada Corp. (CSE: MPLS). GoverMedia Plus Canada Corp. is a Canadian holding company with a fully owned Russian technology subsidiary. GoverMedia has developed a fully operational state of the art internet platform offering all inclusive online services such as, e-commerce, social media, multimedia, corporate auctions, corporate database, messaging platform, crowdfunding, cryptocurrency and blockchain services. We believe the GoverMedia platform is the first and only internet platform offering such a wide range of online services accessible via only one account. The Company's management and advisors have extensive expertise in the Telecommunications, High-Technology, Corporate Development and Finance fields. www.gm.plus and www.govermedia.plus.

Investorideas.com is a leader in Blockchain content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com


Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:  this newsletter is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and   GoverMedia Plus Canada Corp. (CSE: MPLS). More info: http://www.investorideas.com/About/News/Clientspecifics.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Contact Investorideas.com  
800-665-0411