Kyber Network partners with Change to build a financial platform

Kyber Network has made an announcement about its partnership with Change mobile app to attract more users to test its protocol and to build a financial services platfrom
27 December 2017   786

Kyber Network, a decentralized exchange that facilitates instant conversion of crypto-assets with guaranteed liquidity, has announced its collaboration with Change, the banking application that aims to transform the financial services landscape. Change is a Singapore-based company which hopes to bundle financial services in an easy-to-use application that will reduce barriers to entry and increase blockchain adoption, and plans to also do it collaborating with Kyber Network.

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

  • Average Price: $2,51
  • Market Cap: $336 753 549
  • 24h Volume: $10 466 800

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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   135

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.