ChainCatcher news, according to the Financial Times, despite the regulatory authorities' request to remove illegal cryptocurrency advertisements, half of the banned ads remain online, and the UK's financial regulators have yet to penalize any companies for failing to remove illegal cryptocurrency ads. According to data obtained through a freedom of information request, of the 1,702 alerts issued by the UK's Financial Conduct Authority between October 2023 and October 2024, only 54% resulted in the closure of illegal crypto ads, apps, or websites.Regulators can impose fines or initiate criminal proceedings against groups that violate the new law, which aims to clean up the extensive promotion of illicit activities in the UK cryptocurrency market. The new regulations require cryptocurrency ads to be authorized by the FCA or an FCA-authorized firm before being published online; otherwise, regulators will take "tough" action. However, sources familiar with the process indicate that the FCA has not yet exercised any new powers. Instead, it is focusing on targeting "financial influencers," who promote such schemes online.

ChainCatcher message, this morning according to community users' feedback, some Alipay users have recently received promotional advertisements for Huabao Fund's cryptocurrency fund, and this advertisement has now been replaced.Previously reported, promotional advertisements for cryptocurrency funds appeared on the homepage of Alipay for users in mainland China.

ChainCatcher news, Musk commented on social media about "Telegram CEO Pavel Durov being arrested by French police" and stated, "This is a promotion for the First Amendment of the U.S. Constitution." He sarcastically added, "Welcome to Europe in 2030, where you can be executed for liking a meme."It is reported that the First Amendment of the U.S. Constitution is part of the Bill of Rights, which guarantees citizens the freedom to express their opinions in public and political matters. Its main contents include rights such as freedom of speech and freedom of the press.

ChainCatcher news, according to Bloomberg ETF analyst James Seyffart's disclosure on social media, Bitwise has released a humorous Ethereum advertisement, possibly hinting at the launch of a related ETF.The advertisement states: Unlike large financial institutions, Ethereum does not close at 4 PM.Bitwise indicates that this Ethereum commercial will be minted in the form of an NFT, making it the first advertisement to be minted as an NFT on national television in the United States, with 50% of the proceeds donated to Protocol Guild and the remaining 50% going directly to the actors.

ChainCatcher news, FLOKI announced on platform X that it has launched an updated advertisement in Times Square, New York.

ChainCatcher news, according to Cointelegraph, the Algorand Foundation has released a new advertisement on YouTube titled "When Blockchain Meets the Real World, Only One Can Deliver."The advertisement showcases a supermarket checkout where shoppers attempt to pay with three different crypto assets: Bitcoin, Ethereum, and Solana.In the ad, the person trying to pay with Bitcoin is informed by the cashier that he must wait because the transaction takes 27 minutes. The Ethereum payer is told that the transaction will incur a fee of $112, while the shopper choosing Solana is unable to pay because the transaction keeps failing. Using Algorand to process the customer checkout queue results in "instant completion, low fees."The ad has garnered over 700,000 views on X, with one commenter stating: "Algorand runs at 21 TPS, unable to fund its main explorers, yet has spent over $100,000 on advertising. This is not the way to do things."

ChainCatcher news, just 30 minutes after the SEC approved the 19b-4 proposal for a spot Ethereum ETF, VanEck released a new advertisement for the Ethereum ETF on the X platform.The advertisement states: "What can Ethereum become? It depends on you and me."

ChainCatcher news, according to watcher.guru, asset management giant BlackRock has launched its Bitcoin spot ETF advertisement on the homepage of Bloomberg.It is reported that since receiving approval from the U.S. Securities and Exchange Commission (SEC) in January, BlackRock's IBIT has held over 263,000 Bitcoins, worth more than $18 billion, three months after trading began.

ChainCatcher news, according to community information, the "sphere wif hat" plan of the dogwifhat (WIF) community has successfully raised enough funds of 650,000 USD, currently at 672,347 USD. The raised amount will be used for advertising at the MSG Sphere (a massive spherical LED venue) in Las Vegas, USA.

ChainCatcher news, according to The block, the Solana meme token dogwifhat (WIF) community has launched a new initiative "sphere wif hat" to raise $650,000 for a week of advertising for the meme coin at the recently launched LED-equipped spherical venue Sphere in Las Vegas.So far, approximately $240,000 has been raised, with some donors pledging up to $10,000 for the project.

ChainCatcher news, according to Cointelegraph, BlackRock seems to have intensified its media advertising efforts for its recently launched spot Bitcoin exchange-traded fund, referring to Bitcoin as "progress" rather than currency. The latest advertisement states: "The Bitcoin ETF has landed." The ad only features silhouettes of a runway and an airplane. However, BlackRock also added the headline: "Get your share of progress" (this phrase is often used to encourage people to participate in an activity, project, or social progress to share in its benefits or gains).Bloomberg analyst Eric Balchunas stated that the new IBIT advertisement is concise, modern, and effective. It strikes a balance between dull traditional fund company ads and "Hey, kids!" type ads. He added that the company is on the verge of "losing its status as the liquidity king of the category," so it makes sense to push through with more advertising.

ChainCatcher news, ETF Store President Nate Geraci stated on X that Facebook and Instagram may soon allow spot Bitcoin ETF advertisements.

ChainCatcher news, according to CryptoSlate, BlackRock submitted a document to the U.S. Securities and Exchange Commission (SEC) on January 31 proposing a plan to project Bitcoin ETF advertisements on the sides of buildings. The document briefly describes BlackRock's plan, stating, "The IBIT advertisement is an animation designed to be projected onto the exterior walls of financial institutions in New York City, Miami, and Los Angeles. This storyboard uses the exterior wall of a building in Miami as a template." Most of the projection features "IBIT."Additionally, each image displays a timeline of events leading up to the launch of BlackRock's spot Bitcoin ETF in January of this year. Certain images depict the launch of the first stock market in the U.S. in 1790, the launch of the first ETF in the U.S. in 1993, the launch of Bitcoin in 2009, and the launch of the first Bitcoin futures contract in 2017. Other scenes feature phrases like "Entering a New Era" and "The Spot Bitcoin ETF is Here."BlackRock intends to project the advertisements onto former bank buildings. It is currently unclear whether BlackRock plans to advertise only on its own properties or intends to rent properties from other companies. The building featured in the advertisement appears to be a shared building located at 360 Rosemary Ave, West Palm Beach, Florida. BlackRock previously released a more traditional advertisement for IBIT on January 14. Compared to competing advertisements from companies like Hashdex, VanEck, and Bitwise, this advertisement was recognized for its straightforwardness and informative content.

ChainCatcher News, Bitcoin spot ETF applicant Bitwise released a 15-second Bitcoin ETF advertisement video featuring actor Jonathan Goldsmith early this morning. It is reported that Goldsmith is best known for his role as "The Most Interesting Man in the World" in the Dos Equis beer advertising campaign.

ChainCatcher message: The first ad link that appears after searching "Osmosis" on Google is a phishing site that will lure users to connect their wallets and trick them into signing, thereby stealing their assets. Users are advised to stay vigilant and beware of scams.

ChainCatcher news, according to CoinDesk, the newly established cryptocurrency advocacy organization Cedar Innovation Foundation is pushing videos to young voters in the Greater Ohio area, claiming that the Securities and Exchange Commission led by Chairman Gary Gensler is forcing tech jobs overseas and stifling innovation to benefit his friends on Wall Street. One ad calls out, "Tell Sherrod Brown (Senator) to stand up against Gary Gensler and fight for jobs in Ohio."Cedar stated that it has purchased "six-figure" digital ads statewide and is prepared to invest millions more before 2024. This nonprofit organization will sponsor "educational seminars, networking receptions, and training lectures aimed at all congressional staff and policymakers" throughout the year.

ChainCatcher news, according to CoinDesk, the Financial Conduct Authority (FCA) has issued a warning stating that Rebuildingsociety.com cannot approve the company's cryptocurrency advertisements and should "revoke any existing cryptocurrency promotion approvals." The company must inform the FCA in writing by Friday that it has completed the necessary steps.Previously, Binance announced a partnership with Rebuildingsociety.com. The new cryptocurrency promotion rules will take effect over the weekend, requiring cryptocurrency companies to be registered with the Financial Conduct Authority (FCA) in order to approve their own promotions and advertisements, but allowing advertisements from unregistered cryptocurrency companies to be approved by authorized companies.

ChainCatcher news, Zhejiang Yuanyu Universe Ecological Technology Co., Ltd. has formed a deep alliance with Yuanyuan Technology Co., Ltd. The two parties will carry out comprehensive cooperation in areas such as IP content production in mainland cities, traditional cultural output, and landmark product sales, focusing on promoting metaverse films, animations, and other cultural IPs on thousands of global core location XR naked-eye 3D advertising screens, as well as jointly establishing special teams for XR naked-eye 3D advertising content production and digital virtual human e-commerce.It is reported that Zhejiang Yuanyu Universe Ecology has over 10 years of experience in the Alibaba ecosystem and is committed to the development of digital technology, digital virtual humans, digital virtual scenes, and the metaverse industry. The Hong Kong-based technology company Yuanyuan Technology Co., Ltd. has obtained over 70% of the hardware and software export rights for XR naked-eye 3D advertising screens in mainland China, and allows the public to easily participate in the operation and distribution of high-quality digital assets in Hong Kong and overseas in the form of RWA (Real World Assets) + equity NFTs. The aforementioned outdoor and indoor XR naked-eye 3D advertisements will also be simultaneously played on the back screens of millions of ride-hailing vehicles.

ChainCatcher news, according to a report by Reuters, Meta Platforms' Instagram, Alphabet's YouTube, as well as TikTok and Twitter may face regulatory action due to cryptocurrency advertising. The European Consumer Organization BEUC has complained that the proliferation of misleading advertisements for crypto assets on social media platforms constitutes an unfair commercial practice, as it exposes consumers to serious harm, such as losing large amounts of money. These social networks are taking measures to prevent influencers from misleading consumers and will inform the European Commission about the effectiveness of these measures.Previous news, the UK's Financial Conduct Authority (FCA) plans to classify cryptocurrencies as high-risk investments. Advertisers of cryptocurrency services will face stricter regulations starting October 8, and crypto companies must introduce a "cooling-off period" for first-time investors after October 8, as well as eliminate "refer-a-friend" reward programs to ensure that cryptocurrency investors are fully aware of the risks. (Source link)