Cryptocurrency Businesses Find Ways Around Facebook Ad Ban

Cryptocurrency Businesses Find Ways Around Facebook Ad Ban

Foto: Depositphotos

Cryptocurrency ads have found their way onto Facebook despite a ban, using a workaround popular with email spammers: changing spelling, according to Bloomberg.

In one recent ad, the "o" in "BITCOIN" was replaced with a zero, and the capital I’s were replaced with lowercase L’s. The tactic was noticed by French entrepreneur Matthieu Suiche on Twitter, who said he was surprised by the ban’s lack of sophistication.

Facebook banned ads tied to cryptocurrencies, initial coin offerings and binary options last month, saying they were associated with misleading and deceptive practices. The company has been working to clean up its advertising system, after several reports by ProPublica showed that racist and discriminatory ads could make their way through.

Even as Facebook works to build up its artificial intelligence capabilities, it’s finding that humans are more reliable for detecting harmful behavior on its site. The social networking company has been hiring thousands of new employees around the world to address problems including fake news and election manipulation. Now Bitcoin is on their radar, too.

More from category

Kylie Jenner Helped Erase $1.3 Billion off Snap Value in Just One Tweet

Kylie Jenner Helped Erase $1.3 Billion off Snap Value in Just One Tweet

24 Feb 2018 comment

Celebrities are powerful magnet on social networks, but can also cost them a lot of money as well. According to Bloomberg, Snap, parent company of Snapchat, lost a lot of market value thanks to just one celebrity tweet.

Ericsson Nikola Tesla Marks Solid Results in 2017

Ericsson Nikola Tesla Marks Solid Results in 2017

24 Feb 2018 comment

In 2017, Ericsson Nikola Tesla Group sales revenue amounted to million 1,481.6 kuna, 6.9% lower year-over-year. Of the total sales revenue, the domestic market accounts for 18.7%, services to Ericsson account for 62.5% (of which 12.1% relates to Managed Services in Croatia), while other export markets participate with 18.8%. Sales in the Networks segment amounts to MHRK 739.3 (2016.: MHRK 806.5), Digital Services segment amounts to MHRK 559.6 (2016.: MHRK 593.1), Managed Services segment amounts to MHRK 178.9 (2016.: MHRK 185.9) and segment Other amounts to MHRK 3.8 (2016.: MHRK 6.1).

Rovio Dragged Out of Silence After Stock Is Sold Off

Rovio Dragged Out of Silence After Stock Is Sold Off

23 Feb 2018 comment

The company behind the Angry Birds game, Rovio, is struggling to stop investors walking out, according to Bloomberg.