As the first week in August draws to a close, let’s take a look back at the news stories that dominated the worlds of forex, fintech, and crypto, in our best of the week segment.
Active Bitcoin Addresses Increase 30%
Bitcoin, the world’s most valuable digital currency, saw a surge in its network activity on Monday morning as the total number of active Bitcoin addresses jumped by nearly 30%.
Active Bitcoin entities per day increased from 250,000 to approximately 325,000 over the last seven days as Bitcoin touched a high of $42,500
Read more on the Bitcoin addresses increase here.
Google Allows Crypto Ads Again in US, Blacklists ICOs and DeFi
Google has updated its advertising policy for financial products and services, allowing marketers to run cryptocurrency advertisements again, effective from Tuesday. But, the search-engine giant is putting heavy restrictions on the advertisements related to cryptocurrencies.
The ads targeted to the United States-based consumers must be of regulated crypto companies, meaning they must be registered with the ‘FinCEN as a Money Services Business…