Matt Damon appeared in an ad for Crypto.com that began airing last October.NICHOLAS KAMM/AFP via Getty Images Celebrities began hawking crypto in earnest last fall as bitcoin was hitting record highs. But if you invested then, you’d be seeing losses over 50% right now. Cryptocurrencies plummeted for the second day...
Bitcoin, Ethereum, Dogecoin and Shiba Inu gained up to 4 per cent as the global cryptocurrency markets are recovering after registering deep losses recently. Among the biggest gainers among popular cryptocurrencies was Solana trading with a gain of around 12 per cent. The global crypto market capitalisation went up by...
Cryptocurrency exchange FTX has already made its play for sports fanatics, and now it’s chasing another unlikely realm for crypto converts: the glossy-magazine world of high fashion and beauty. The trading platform, which currently serves an industry dominated by white millennial men, this week revealed a campaign with newly appointed social...
The Super Bowl this year, with its myriad crypto ads, has not produced the results that were needed, a Financial Times report says. Crypto companies ended up shelling out millions on various star-studded ads which pushed crypto trading as “the next big thing.” However, that might not be panning out...
Twitter has teamed up with Stripe for cryptocurrency payments to stars of its platform and has also banned adverts that deny the reality of climate change. The social media giant’s announcement on Earth Day came as it tries to fend off an unwanted takeover bid by billionaire Elon Musk. He...
Hackers used malicious Google ads to trick users into giving up their private key to steal their cryptocurrency. The cybercriminals targeted people who hold UST, a popular cryptocurrency that aims to remain pegged to the U.S. dollar from the Terra blockchain—a so-called stablecoin currently vying for dominance in decentralized finance,...
As the global adoption of cryptocurrencies explodes, government institutions are trying to bring order into what is considered a largely unregulated industry. In the continuation of such activities, the Irish advertising watchdog has announced plans to review the regulations overseeing the promotion of cryptocurrencies. The decision of the Advertising Standards...
The Advertising Standards Authority of Ireland (ASAI) is mulling a review of crypto-currency advertisements that could lead to a clampdown on the promotion of digital assets. he self-regulatory body is responding to the growing popularity and increased promotion of businesses that trade in crypto assets, such as Floki, in what...
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 6, 2022 If you buy an advertisement during the Super Bowl, you will get millions of eyeballs. But some of those eyeballs...
