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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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In a new development, a trader who placed a substantial $10 million bet against LUNA in May 2022 before the then native
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MOON is an ERC-20 token distributed as a reward for comments or posts in the r/CryptoCurrency subreddit. Users can store coins in Reddit's Ethereum-based wallet, called Vault. They can freely trade, tip, or spend those in the community for several purposes, including unlocking exclusive features like badges and GIFs in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The native tokens of Reddit’s r/CryptoCurrency community, Moons (MOON) and Bricks (BRICK) have recorded an impressive triple-digit price gain this week following an announced change in Reddit’s terms of service. The cryptocurrency Moons (MOON) associated with Reddit’s
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Note that community points have always been tradable, but it's troublesome to trade those through the Reddit app, per ONG. "It's easy to send CPs to other Reddit users from the app, but to trade them, one has to export the private key from the Reddit wallet and import it
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Even as NFT sales volumes have plummeted this year, dropping 97% from the January peak, Reddit’s success shows the potential for these tokens, the note said. The company is likely to capitalize during the current slowdown, and has already started teasing its Halloween avatar collection, the note added. Original Source
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FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S., EU, Australia, and other countries worldwide. FTX Pay will also join Infura, P2P, Google Cloud, and other companies and projects
Read MoreIn defiance of Reddit's apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’ tokens for fiat — and it’s resulted in a pretty surprising market cap. In May Reddit announced it would begin distributing ERC-20 rewards tokens on the Rinkeby testnet among users of
Read More[sociallocker id="55298"] Alexis Ohanian, a millionaire tech entreprenuer and co-founder of online social platform Reddit, recently publicized plans for his personal fight against racism. These include his desire to see a member of the black community replace him at his current board position."I've resigned as a member of the reddit
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