Bitcoin gains ground; Google partially advertises Crypto Ban from Investing.com

Investing.com – Cryptocurrencies gained ground Wednesday, as Google (NASDAQ 🙂 moved to partially reverse the ban on digital currency advertising.

increased by 1.01% to $ 6.491.10 on the Bitfinex exchange, at 9:46 AM ET (13:46 GMT).

Overall, the cryptocurrencies were higher, with a total market capitalization of $ 214 billion at the time of writing compared to $ 206 billion on Tuesday.

, or Ether, rose 1.57% to $ 213.26 and stood at $ 57.179, up 3.37%.

rose 16.6% to $ 0.54522 despite the news that Jed McCaleb, co-founder of the currency, has accelerated his sale of the digital currency.

A few years ago, McCaleb left the company to build Stellar, an open source alternative to XRP.

Meanwhile, Google has partially canceled the ban on cryptocurrency advertising, allowing government-registered trading platforms to promote their companies in the United States and Japan as of October.

The technology giant has imposed a global ban on all kinds of crypto-related announcements in June.

In other news, mining cryptography malware increased in the second quarter of the year, with an increase of 86% on a quarterly basis, according to cybersecurity provider research that McAfee detected.

"A few years ago, we did not think about Internet routers, video recording devices and other Internet of Things devices as encryption platforms because their CPU speeds were too low to support that productivity," he said. Christiaan Beek, McAfee chief scientist. .

"If I were a cyber criminal who owns a botnet of 100,000 IoT devices, it would cost me almost nothing from a financial point of view to produce enough cryptocurrency to create a new and profitable revenue stream," Beek said.

Cyber ​​security is one of the main threats to digital currencies, as alternative currencies become more widespread.