YouTube has shut down educational crypto channels, saying they don’t want to host content that’s “objectionable,” “misleading,” or “exploitative.” The channels had millions of subscribers.
According to YouTube, educational crypto channels violate the company’s Community Guidelines. But the company hasn’t said it will remove them outright from YouTube. In fact, YouTube said it will keep some educational crypto channels around, though it’s not clear how many. The move comes days after YouTube announced it would no longer allow crypto-related ads.
Other YouTube channels were also shut down without explanation, according to Forbes, only to be reposted later, again without explanation. The Bitcoin community was angered by YouTube’s conduct, which many saw as a personal attack.
The founder invited her to speak on Web3 and non-fictitious currencies after the Bankless channel was unbanned.
Stablecoins have been identified as a potential danger to financial stability by regulators in other countries. In times of market crisis, they are backed by assets that may lose value or become illiquid. TerraUSD lost its 1:1 peg to the dollar on Monday, falling as low as $0.67.
The TerraUSD is a Stablecoin with reserves in assets like as cash and commercial paper. Stablecoin runs have the potential to spill over into the traditional banking system, according to regulators. Nonetheless, regulators remain split on the size of the damage posed by a crypto catastrophe to the financial system.
Bitcoin’s price in the cryptocurrency market increased by 1.12% in the last 24 hours, reaching $31,709.63 at 5:00 p.m. IST. According to Coinmarketcap.com, it has 42.72 percent of the crypto market, up 1.34 percent in the last 24 hours.
Ethereum (ETH) was up 2.04 percent in the last 24 hours, trading at $2,420.72, while Binance Coin (BNB) was down 3.20 percent, trading at $310.54. Cardano (ADA) was down 5.10 percent to $0.639. Solana (SOL) was down 7.26 percent to $64.32.
Meme coin is a digital peer-to-peer currency and a platform where you can earn, by referring people to the service and encouraging them to use it.
On Coinmarketcap.com at 5:00 p.m., Dogecoin was trading at $0.1059, down 6.59 percent. Shiba Inu, its main competitor, was trading at $0.00001529, down 10.21%. Samoyedcoin was trading at $0.009348, down 7.81 percent, while Dogelon Mars was selling at $0.0000006738, down 8.10 percent.
The worldwide crypto market cap was $1.42 trillion, down 1.60 percent in the last 24 hours, according to Coinmarketcap.com, while total crypto market volume was $164.39 billion, down 22.34 percent.
With a gain of 1,109.04 percent, 1SAFU was the best performer. According to Coinmarketcap, it was trading at $0.000007472 at 5:00 p.m. NeorderDAO, suffered the most loss, falling by 98.79 percent. The price was $0.0005162.