YouTube has restored deleted videos from crypto channels 

advertisement

YouTube has restored videos of almost all crypto-related channels after removing them earlier this week. 

The Block checked over 35 channels and all of them have been reinstated, including Nugget's News, DataDash, Ivan on Tech, Sunny Decree and Boxmining.

“The removals were in error, we’ve reinstated all affected videos and removed any penalty to the channel,” a YouTube spokesperson told The Block, adding: “There has been no change in our policies with regards to cryptocurrency.” 

Alex Saunders, founder and CEO of Nugget's News, tweeted today: "We're back! Still no contact from Youtube but the 250 removed videos & strikes have been revoked.” 

The temporary purge encouraged several YouTubers to think about moving content to decentralized social media platforms. Omar Bham, for instance, tweeted earlier this week: “In case YouTube decides to delete my channel (or most of my videos), please follow me on LBRY.” 

Binance CEO, Changpeng “CZ” Zhao, said platforms like YouTube are “destroying a lot of value for people” and it is time to “look at alternatives.” 

“The demand to host decentralized videos will speed up progress of decentralized file systems,” CZ added

Trending Stories

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

Will Sanctions Drive Russia into the Arms of Cryptocurrencies?

From the removal of many Russian banks from SWIFT to a seemingly constant flow of new sanctions, Russia’s invasion of Ukraine has left many to wonder: Is the country likely to lurch towards cryptocurrencies? And if so, what does this mean for businesses that are holding and/or using crypto? Crypto and sanctions evasion Although crypto […]
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC
More