Kyber Network to Launch Mainnet Platfrom in Feb 2018

Kyber Network announced that the mainnet pilot will be open for public on February 11, 2018 and will run until April 2018
31 January 2018   837

Kyber Network is a decentralized exchange that aims to enable instant conversion of crypto-assets with liquidity, having its protocol as a key to promoting liquidity of crypto-assets in the blockchain ecosystem.

On January 30 of 2018 Kyber Network has made an announcement in its blog on Medium stating that the work on mainnet platform was successfully finished and the pilot will be officially launched at 3pm (GMT+8) on February 11, 2018.

During the pilot, only holders of KGT  will be able to access the platform. The platform will run on mainnet until April and then it will be fully opened to the public. The exchange will list 10 tokens, adding more in the future, and the users will be able to use Kyber Network’s wallet and trade on the platform.

List of tokens coinmarketcapList of tokens according to market capitalization

At the moment of press, Kyber Network is one of the few coins which have grown in price during past 24 hours, having increased from $3,33 to $4,05 with the market capitalization which rose from $447 to $549 million during the same amount of time.

At the moment of press, these are main market parameters of Kyber Network:

Average price: $4,09
Marketcap: $549 061 464 
24h volume: $27 238 000

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Microsoft to Ban Crypto Ads in Bing Search Engine

Advertisements related to virtual currencies or promotion of fake/forged virtual currencies are now prohibited
17 May 2018   132

Bing is a very famous web search engine owned and operated by Microsoft. A couple of days ago Bing reported in its Blog that online fraud involving financial services became a serious problem recently. Bing published a list of policies to help ad providers meet approval and protect consumers and businesses from being victimized. The polices apply to all forms of currency including real and virtual currency.

Advertising for the following products and services is not permitted: Ponzi schemes, pyramid schemes, or other legally questionable business opportunities, particularly if returns on investment rely solely on adding participants to the scheme or the consumer must pay a subscription fee or buy a specific product to join, and the value proposition of doing so is undefined.

Bing Blog post

Bing now bans ads related to solicitation of funds except by recognized charities or organizations. Advertisements related to virtual currencies designed to facilitate illegal purposes, to avoid applicable taxes, money laundering, promotion of fake/forged virtual currencies are also prohibited. The full ban of such ads is expected in late June or early July.

Previously, we have reported that Facebook created a new policy that prohibits all advertisements for cryptocurrency and ICOs as part of an effort to improve the integrity and security of ads.