Coins, Markets, News

NEWS: Ripple under fire, Google “bans” “mining” extensions

ripple

Reportedly, Ripple tried to buy its way onto Gemini and Coinbase, offering exchanges millions of USD-worth of incentives, should XRP become listed within Ripple’s desired timeframe.

“It’s not necessarily unusual to pay for a cryptocurrency listing. Costs range from $1 million “for a reasonably regarded token, to $3 million for an opportunity to get quick liquidity,” – report from Autonomous Research

In Ripple’s case the narrative of the report is rather negative, – the underlying message being “shouldn’t the brand sell itself by now’?. However, Ripple’s marketing campaign is often aggressive to the extent of desperation.

Meanwhile, “mining” extensions are removed from Chrome’s official store. Although in this case, the decision is simply common sense, unfortunately, the news are worded as if cryptocurrencies suffers yet another “ban”, which does not improve the overall health of the market. The “ad ban” was actually beneficial to the market altogether, according to some; the mining extension removal was just a matter of time.

“The only people who are going to be worried are the people who don’t have good intentions. If you allow these bad apples to remain, you lose consumer confidence from the masses.” – Arran Stewart, co-owner of Job.com

Read more:

https://www.bloomberg.com/news/articles/2018-04-04/ripple-is-said-to-struggle-to-buy-u-s-listing-for-popular-coin

https://www.wired.com/story/cryptocurrency-industry-might-benefit-from-ad-ban/

https://ethereumworldnews.com/beware-avoid-these-7-cryptocurrency-scams-happening-right-now/

https://www.bloomberg.com/news/articles/2018-04-03/crypto-exchanges-charge-millions-to-list-tokens-autonomous-says

https://www.ccn.com/google-crackdown-on-all-cryptomining-extensions/

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