Ethereum update: Baidu restricts ETH
[The spike in Ethereum’s price occurred despite Baidu’s anti-cryptocurrency measures](https://www.finstead.com/bite/Ethereum-price-analysis-prediction-september-3-2018)**.** Baidu followed Tencent and Alibaba suit by censoring online speech related to cryptocurrencies and restricting access to crypto-focused forums and discussion boards. The company cited the laws, regulations, and policies as the main reasons for this censorship. **Many popular cryptocurrency chatrooms, including the famous “Digital Currency Bar” and “Virtual Currency Bar” were blocked by Baidu.**
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About Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: BitBitWin
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