Wednesday, January 8, 2025
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Reddit crypto communities go dark — Here’s why

Numerous sub-communities on Reddit, including popular crypto subreddits, unanimously decided to go private for 48 hours to protest against new company policies that prevent the use of third-party applications.In April, Reddit announced plans to modify how users interact with the Reddit Data application programming interface (API) — a seven-year-old application

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US Secret Service holds crypto, praises blockchain tech in Reddit AMA

The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology's ability to fight financial crime, Reddit users learned during a recent ask-me-anything (AMA).On May 15, representatives from the United States Secret Service San Francisco Field Office and the Bay Area Regional Enforcement Allied

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BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more

Bitcoin (BTC) miners have pocketed over $5 million from creating nonfungible token (NFT)-like inscriptions using the Ordinals protocol.Transaction fees for Ordinals transactions exploded 240% from $1.5 million on March 10 to 5.2 million by April 12, according to Dune Analytics data.The rise came on the back of a rather slow

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Reddit deploys Gen 3 NFT avatar contracts on Polygon

Online discussion platform Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain, resulting in community members and collectors expressing their thoughts on the much-anticipated drop. The nonfungible token (NFT) avatars were first introduced in July 2022 to empower artists to create and sell

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