Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Twitter takes steps to prevent crypto scams on platform

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/07/2018 | 07:08pm CEST
File photo of the Twitter logo displayed on a screen on the floor of the NYSE

(Reuters) - Twitter is taking measures to prevent cryptocurrency-related accounts from running scams on its platform, the company said on Wednesday.

"We're aware of this form of manipulation and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner," Twitter said in a statement.

The measures come amid a boom in the price of bitcoin, the world's best known cryptocurrency. Bitcoin rose some 1,400 percent last year, but has fallen nearly 30 percent in 2018.

Last month, a Twitter account posing as Elon Musk targeted fans of the Silicon Valley billionaire, claiming to give away cryptocurrency. On Wednesday, the account appeared to be suspended.

Facebook is also banning ads promoting financial products and services tied to cryptocurrencies and initial coin offerings.

Last week, Twitter sought help from users to improve the quality of conversations on its platform to address rising criticism against social media companies for failing to protect users from online abuse and political manipulation.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Sai Sachin Ravikumar)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
12:46aCENTRAL BANK OF MALAYSIA : Bank Negara Malaysia Financial Stability Review - First Half 2018
PU
12:46aADB ASIAN DEVELOPMENT BANK : Lao PDR Set for Moderate Growth in 2018 and 2019 — ADB
PU
12:46aADB ASIAN DEVELOPMENT BANK : Mongolia's Economic Recovery Continues on Strong Growth — ADB
PU
12:46aADB ASIAN DEVELOPMENT BANK : Viet Nam's Growth Remains Robust Amid External, Domestic Challenges — ADB
PU
12:31aWORLD BANK : Announces New Global Fund for Healthy Oceans
PU
12:16aNEWS HIGHLIGHTS : Top Financial Services News of the Day
DJ
12:06a'Sceptical' French must be patient on reforms - finance minister
RE
09/25Delta lifts U.S. groundstop after restoring computer systems
RE
09/25Asian shares gain as Shanghai stocks extend recovery
RE
09/25Asian shares gain as Shanghai stocks extend recovery
RE
Latest news "Economy & Forex"
Advertisement