Reddit News

Reddit Reverses Crypto Strategy, Sells Off BTC and ETH Held for Treasury
Reddit can be either the best place on the internet…or (perhaps more often than not) the worst. But love it or hate it, the social m...

Analysts Uncertain on Bitcoin Price Post-ETF Approval
Leading crypto analysts emphasize the importance of not fixating on Bitcoin’s price fluctuations in light of the potential approval of a B...

Moons Surge Double-Digits as Reddit Renounces Contract, Burns 98,000 Tokens
Moons, the crypto token of Reddit’s r/cryptocurrency community, is up by double-digits on the day after Reddit “officially renou...

Reddit Moons Surge 130% as Community Admins Plot ‘Plan Forward’ for Token
Moons, the crypto token of Reddit’s r/cryptocurrency community, has surged by over 130% following an update by community moderators po...

Still Got Useless Reddit Moons? Here’s How to Turn Them Into Bitcoin
Even though Reddit has announced it would be winding down its crypto reward scheme, if you still have some r/CryptoCurrency Moons (MOON) sit...

Reddit Discovers Caroline Ellison May Have Appeared on ‘Arthur’—And Is Predictably Ruthless
It hasn’t been a great year for Caroline Ellison. In just 12 months, the former Alameda Research CEO lost her crypto empire, pled guilty t...

This Week in Crypto: Bitcoin ETF Mania, Ferrari’s Bold Bet, and a Crypto ‘Buffett’
Crypto news: Last week in the crypto world was a rollercoaster ride, featuring a flurry of rumors, retractions, and a significant market sha...

Reddit mods dumped tokens hours before blockchain program termination
Popular social network platform Reddit announced the wind-down of its blockchain-based community points program on Oct. 17 citing scalabilit...

Reddit To Phase Out Ethereum-Based Incentives System, Citing Scaling and Regulatory Challenges: Report
Reddit reportedly plans to discontinue its Ethereum (ETH)-based rewards program called Community Points by next month. Community Points allo...

Kraken’s Powell: Reddit Should Offer ‘Redemption Path’ for Community Points
Jesse Powell, the co-founder and Chairman of the Board at crypto exchange Kraken, has argued that Reddit should have “offered a redemption...

Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns....

Reddit Halts Crypto Rewards Due to High Ethereum Fees
Reddit’s popular blockchain-based rewards initiative, Community Points, is set to be discontinued. Tim Rathschmidt, Reddit’s director of...