Daily Headlines Live
  • Login
  Breaking
There Can be No Gold for the USA on the Basketball World Cup, After 113-111 loss to Germany September 24, 2023
Socialist Type Metropolis-Owned Grocery Shops Proposed in Crime-Riddled Chicago  September 24, 2023
John Fetterman started crying on Senate flooring September 24, 2023
Hundreds of thousands of Individuals in path of main weekend storm September 24, 2023
Huge modifications coming to Amazon Prime Video, firm broadcasts Friday September 24, 2023
Next
Prev
No Result
View All Result
Live Now
No Result
View All Result
Daily Headlines Live
  • About
  • Cart
  • Checkout
  • Contact
  • Home
  • My account
  • Privacy Policy
  • Shop
  • Submit Press Release
  • Subscription
  • Terms of use
  • Trending
Home Tech

Crypto Companies will not advertise in the Bear Market Super Bowl after 4 years.

February 7, 2023
in Tech
0 0
A A
0

All in-game ads for the upcoming Super Bowl LVII have been sold out ahead of Sunday’s game between the Philadelphia Eagles and the Kansas City Chiefs, but there has been a shakeup since last year’s advertising bonanza — no crypto ads will be shown during the big game after last year’s championship game featured ads from FTX, Coinbase, Crypto.com, and eToro.

AP News reported today that Fox has confirmed that all in-game advertising for Super Bowl LVII are taken. It is now the most popular ticket for advertisers. The highly anticipated match between the Philadelphia Eagles & the Kansas City Chiefs will take place this Sunday. It is expected that 100 million people will watch it.

These ads will showcase the diverse range of companies that sports fans know and love, such as Anheuser-Busch which purchased the longest ad duration this year. But in a significant departure from last year’s Super Bowl, there will not be a single ad related to cryptocurrency. Mark Evans, Fox Sports executive vice president of advertising sales, explained: “There’s zero representation in that category on the day at all.”

During the last year’s game, advertisements were run by four cryptocurrency companies: FTX (Coinbase), Crypto.com and eToro. FTX is insolvent as Sam Bankman-Fried, the disgraced CEO of Democrat Super Donors, awaits trial for multiple fraud allegations. SBF and other FTX Insiders have been asked by the Company to reimburse them for donations they received. The money is alleged to be client investments that were not meant for political donation.

Breitbart News revealed that several crypto firms which spent large on Super Bowl advertisements were made to lose employees over the following months.

Coinbase, the cryptocurrency trading platform, has laid off thousands of workers as cryptocurrency prices plummet. Coinbase isn’t alone in this reversal of fortune — Crypto.com is laying off staff just months after its widely mocked Super Bowl ad starring Matt Damon.

Futurism has learned that Coinbase will lay off nearly a fifth its workforce after a plunge in crypto and stock prices. An email was sent out to employees by Coinbase stating that the exchange intends to reduce its full-time workforce by 18 percent. According to an email sent to employees, the company employs approximately 5,000 workers full-time. This number will drop by around 1,100 after the layoffs. Crypto.com, another Super Bowl Advertiser is said to be laying off five per cent of its employees.

Coinbase ran a Super Bowl ad in February. WAGMI, the name of the ad was (“We’re All Going to Make It”The QR code bounced about the screen and was scannable. Users were able to scan the QR code to get to Coinbase, which offered $15 Bitcoin as a sign-up bonus and an opportunity to participate in a contest.

Due to increased traffic, the webpage crashed instantly. Of course, people immediately began to point out that Coinbase paid millions of dollars to run an ad during the Super Bowl for a website that couldn’t handle the sudden increase in users.

Breitbart news will keep following the developments in crypto after the FTX collapse.

Breitbart News reporter Lucas Nolan covers issues related to free speech, online censorship and other topics. Follow him on Twitter @LucasNolan



The full article is available here here

ShareTweetSharePinShareSendShare

Related Articles

Tech

California Excessive College Dumps Lengthy-Standing Minutemen Mascot for ‘Showcasing a Firearm’

by Press Room
September 17, 2023
0

The Mount Diablo Unified College District board within the Bay Space of California has made a expensive determination to cast...

Read more
Tech

Marsha Blackburn Requires Investigation of Google over YouTube Advertisements Enabling the Monitoring of Kids

by Press Room
September 10, 2023
0

Google-owned YouTube’s promoting practices on youngsters’s channels have come below scrutiny for probably enabling corporations to trace youngsters throughout the...

Read more
Tech

‘This Expertise Is Not But Prepared:’ San Francisco Robotaxi Drives Get Caught in Moist Concrete

by Press Room
September 3, 2023
0

A driverless Cruise robotaxi drove into moist concrete on a building web site in San Francisco and received caught, highlighting...

Read more
Tech

Nigerian Will get a Shot on the NFL After Leaning of the Recreation 5 Years In the past on Youtube

by Press Room
September 1, 2023
0

Nigerian Haggai Ndubuisi solely heard of American soccer for the primary time when he was 18 after seeing the sport...

Read more
Tech

Six Obama Administration Officers Used Alias Emails

by Press Room
August 20, 2023
0

Six Obama administration officers used alias electronic mail addresses, together with then-Vice President Joe Biden and former President Barack Obama....

Read more
Tech

‘Rooted in Deception:’ ‘Bored Ape’ NFT Traders Sue Sotheby’s Public sale Home

by Press Room
August 20, 2023
0

Traders who bought Bored Ape Yacht Membership NFTs at extremely inflated costs in the course of the 2021 NFT craze...

Read more
Load More

Latest News

Tough surf batters Bermuda as Hurricane Nigel prices via open waters

September 24, 2023

Cowboys star cornerback Trevon Diggs injures knee Thursday

September 24, 2023

High Dem mayor switches events, giving GOP management of…

September 24, 2023

Donald Trump allegedly disparaged disabled vet who sang ‘God Bless America’: report

September 24, 2023

‘The Nun II’ creeps again to high slot, edges out ‘A Haunting in Venice’

September 24, 2023

Popular Stories

  • Trump Makes Announcement On Future Plans After Assassination Of Abe

    0 shares
    Share 0 Tweet 0
  • Supreme Court Supports Second Amendment With Another Major Move

    0 shares
    Share 0 Tweet 0
  • ‘As The Breakfast Tacos’Jill Biden is Slammed ‘Racist’Latin Conference: Comment

    0 shares
    Share 0 Tweet 0
  • ‘Impeachable’ Republican Members of Congress Examine Offense Biden for China Petroleum Deal

    1 shares
    Share 0 Tweet 0
  • French Firearms Surrender in Record Numbers during Government Crackdown

    0 shares
    Share 0 Tweet 0
Daily Headlines Live

Daily Headlines Live is one of the biggest news portals in the US and the world, we provide real-time news from all trusted sources, follow us for more real news.

LEARN MORE »

Recent Posts

  • There Can be No Gold for the USA on the Basketball World Cup, After 113-111 loss to Germany
  • Socialist Type Metropolis-Owned Grocery Shops Proposed in Crime-Riddled Chicago 
  • John Fetterman started crying on Senate flooring
  • Hundreds of thousands of Individuals in path of main weekend storm

Sections

  • Economy
  • Entertainment
  • Health
  • Lifestyle
  • News
  • Politics
  • Sports
  • Tech
  • Videos

Newsletter

The most important world news and events of the day

Be the first to know latest important news & events directly to your inbox.

By signing up, I agree to our TOS and Privacy Policy.

© 2022 Daily headlines Live - Created by Sawah Dev.

No Result
View All Result

© 2022 Daily headlines Live - Created by Sawah Dev.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version