How to shape crypto and influence people

If you are looking for a sound and impartial financial advice to invest in cryptocurrencies, social media "influencers" should not be your first point of contact.

As an EU premiere, Spain tried to suffocate such an encounter in the germ on Monday by receiving his national securities market commission to regulate crypto advertising. The measures that come into force in one month require that influencers and their sponsors inform the authorities in advance about some posts and warn or have to expect finances. Singapore also issued new restrictions on crypto advertising on Monday.

Spain's new powers come after the watchdog in November with the football legend Andrés Iniesta because of its paid promotion of Binance, the world's largest cryptocurrency exchange, without the usual risk in.

In the USA, a class action lawsuit that was submitted this month that reality TV star Kim Kardashian and other celebrities, including the boxer Floyd Mayweather and the former NBA player Paul Pierce, contributed to the price of a cryptocurrency as part of a program that has enriched its supporters at the expense of the usual Investor.

It is claimed that the supporters of Ethereummax have used the money inflow of Kardashian's supporters to sell a considerable amount of token with profit and to collect their profits before the price broke.

ETEREMAX denies the allegations, but the case underlines the worrying trend that private investors turn to non-traditional consulting sources for their cryptocurrency investments, in which the providers often receive large sums for the promotion of a certain digital asset value.

Social Media-Influencer in 2017 were notorious into the Fyre Festival fraud, and Alphaville was immediately reminded of when the latest cryptoland video was seen, a cartoon that advertises for a Fiji island that was to be transformed into a paradise for crypto supporters.

At first glance, the video looks like a parody full of jokes and shows how crypto investments can be a further incarnation of ponzi schemes. But, as Alphaville emphasized, Cryptoland had 60 plots of land that you can "buy" NFTS and build villas on it, on the real island of Nananu-i-Cake.

The video was widely mocked on the Internet and The Guardian reported that the project seems to have been due to because the contract for the purchase of the island did not come about for $ 12 million.

While regulation is necessary and inevitable, the social media in the case of Cryptoland himself seem to have been an effective guardian that has drawn attention to potential investors that could have caused problems in paradise.

The Internet of (five) things

1. Ukraine claims evidence of a Russian cyber attack
The Ukraine said that it has evident that a cyber attack on government websites was probably carried out by Russia on Friday. "Moscow continues to carry a hybrid war and actively expand its information and cyberspace skills," said the Ukrainian Ministry of Digital Transformation on Sunday.

2. Amazon stops Visa ban
Amazon from this week to use a ban on using Visa credit cards issued in Great Britain, since the two companies are working on a "potential solution" for a bitter dispute that threatened to seriously disrupt buyers. The world's largest online retailer announced the planned ban in November, citing the "high fees of Visa for the processing of credit card transactions" and advised the customer to look around for new payment methods.

3. All-singing, all-dancing Sony
There is a newly found trust in Sony, reports The Big Read. The Japanese company's 157-billion dollar $ symbol may be about to achieve an ambitious goal that has worked for decades, but has long since escaped: to become the most fully integrated entertainment company in the world.

4. Elektro beats diesel in Europe
The sales of electric cars in Europe for the first time in December the diesel models, whereby more than a fifth of the new cars sold in 18 European markets (including Great Britain) are operated exclusively with batteries, as shown for the FT.

5. Wordle's world's success
I made it in three attempts today, almost two! Are you addicted to develop the daily 5-letter word that is posted by Wordle? Janine Gibson is concerned about his popularity and his inevitable imitators.

Tech Week ahead

Thursday: See Streaming pioneer Netflix has problems to achieve the consensus expectation of 8.7 million new subscribers when results are reported-mainly due to the increasing competition by competitors who have given significant sums for new television programs and films. Moffettnathanson, the investment research company, reduced his estimate of the new subscribers at Netflix in the fourth quarter of 9.6 million to 8.6 million

Delivery app companies are flourished during pandemic-and most recently during the desire to stay at home to avoid Omicron. Expect that this is reflected in the trade update of deliveroo

Tech tools-Balmuda Toaster

In his latest column,

Leo Lewis praises the "really glorious toaster oven" from Balmuda and at the same time complains of the mistakes when expanding on smartphones. Pouring a little water on the top of the oven to create steam to increase the moisture of the toast seems to be his unique selling point, while there are a variety of reasons not to buy the phone - software problems, too plastic, an unrealtery processor than expected and a price tag "Unjustified higher than an iPhone 13 mini".