Reddit

Reddit Sells Bitcoin Stash and Steps Away From Crypto: Details

Reddit, a pioneering social media force for crypto engagement and arguably the most popular discussion forum, offloaded a substantial portion of its virtual asset holdings in the third quarter of 2024. In its latest regulatory filing, the company revealed that it sold most of its Bitcoin (BTC) and Ethereum (ETH) treasury assets, generating $6.87 million....
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Reddit Stock Soars Following OpenAI Partnership Announcement

Reddit and OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT, announced a partnership to benefit both the Reddit and OpenAI user communities in various ways. According to data from Google Finance, Reddit’s stock experienced a 13% surge in after-hours trading immediately following the announcement. Reddit and OpenAI’s Partnership On May 16, Reddit announced...
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Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the company has invested some of its “excess cash reserves” into multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). According...
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Reddit Winds Down Blockchain-Based Community Points, Cratering Related Tokens

Back in 2020, Reddit launched Community Points, an initiative that rewarded high-quality posters by giving them Ethereum-based tokens that could be spent on badges and emojis on the platform. At the time, the experiment seemed fun and allowed users of the platform to show off their flair in a way that proved that they had...
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What to expect from Reddit’s partnership with the Ethereum Foundation?

Popular social media platform Reddit is in the news today after it announced a partnership with the Ethereum Foundation, with the development establishing Reddit’s first-ever blockchain partnership. The goal behind the same is to accelerate the scaling process and resources for the Ethereum ecosystem and bring the value of blockchain technology to Reddit’s community of...
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Student turns millionaire after finding private keys to 127 Bitcoins

In what would be a crypto-dream come true, a student claimed to have found decade-old private keys to a crypto account that held 127 Bitcoins; he is now a millionaire. On 22 December 2020, the holder apparently stumbled upon the keys in question on an old computer and apparently sold all 127 Bitcoin. The student...
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This Reddit User is a Diehard Bitcoin SV Shill

There are many different types of personalities in the cryptocurrency space. Everyone has their favorite project, although some bitcoin sv supporters will grasp any opportunity to drop its name.  It is commendable to see community members remain loyal to a crypto asset. When Bitcoin SV Shilling Goes too far Over the years, it seems that...
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Coinbase Wallet Removing Mobile Dapp Browser to Comply With Apple

It’s been a busy couple of weeks for bad news in crypto, with Youtube’s removal of hundreds of videos, Google Play’s removal of Metamask, and now Coinbase mobile wallet users facing an announcement their app is losing its dapp browser, reportedly due to restrictive policy requirements from Apple. Some are calling the announcement “the last...
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Reddit User Creates A Bitcoin Video Game To Celebrate The Holidays

The major cryptocurrency payment service BitPay recently confirmed that there was a delay and outage of its Bitcoin payments service on December 22. The report shows that BitPay admits that the BTC payments were briefly unavailable for almost 3.5 hours on the website as the company was dealing with transaction issues.In fact, the Bitcoin news...
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Russia’s Hydra Darknet Marketplace Plans $146M Token Sale

According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory Roundup – Bitcoin Futures Fund Approved, India’s RBI-Backed...
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Bitcoin Cash-Powered File Storage Concept Sparks Interest and Debate

Bitcoin Cash (BCH) proponents were introduced to a new project called the Cashweb protocol on Friday. The blockchain file sharing scheme allows people to store and load arbitrary data to the BCH chain. While the new protocol still has “a long way to go,” the developer decided to share his creation with the BCH community...
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How EA Took The Number One Spot For The Most Downvoted Comment in Reddit’s History

Electronic Arts (EA), is one of the most popular video game companies headquartered in California. It’s the second largest game company based on revenue, coming after Blizzard and ahead of Ubisoft. Last year, the EACommunityTeam account on Reddit made a comment in regards to their newly released Star Wars Battlefront game. The comment was in...
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Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator

On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash Testing the New SLP Dividend Calculator From Bitcoin.com...
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