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The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company plans to raise funds privately now and aims to raise $800 … Read more
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago. Go to Source Powered by WPeMatico
Trading crypto can be tricky, but a portion of the risk can be mitigated by investing in crypto indexes. Here’s some of what the market has to offer. Go to Source Powered by WPeMatico
Cryptocurrency companies have impressive advertising budgets this year, but industry experts have differing opinions when it comes to marketing crypto. Go to Source Powered by WPeMatico
Major crypto businesses including FTX, eToro, Crypto.com and Coinbase debuted crypto ads in Super Bowl 2022. Go to Source Powered by WPeMatico
New findings suggest that adding “crypto” to a dating profile makes you more desirable, but the crypto community expresses concerns with online dating. Go to Source Powered by WPeMatico
The U.K. advertising watchdog has banned several cryptocurrency ads, including those by Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno. The authority says the ads are “misleading” and “irresponsibly taking advantage of consumers’ inexperience.” 7 Crypto Ads Banned by UK Authority The Advertising Standards Authority (ASA) banned seven cryptocurrency ads Wednesday. The ads are for … Read more
The ASA wants crypto firms to make it clear that past crypto rallies do not guarantee the same scenarios in future. Go to Source Powered by WPeMatico
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests creating a department in Florida to accept state fees in cryptocurrencies. Florida Governor’s Freedom … Read more
Etoro, an Israel-based trading platform, has taken action on its platform regarding the trading of cardano and tron. Now, U.S.-based customers will have limited functionality with these cryptocurrencies on the Etoro platform starting in December. Etoro explained in a post that these new measures were a consequence of “business-related considerations in the evolving regulatory environment.” … Read more
