News
Solana reportedly went offline for four hours on Tuesday. However, Solana.Status shows there have been no issues on the network.
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Reddit News
Reddit is a social news site where all registered users can share links with any information they find interesting. Like many other popular sites, Reddit has a voting system so that a post which receives a large amount of “upvotes” gets a chance to be shown on the main page. The author of the site explained the origin of the name with the phrase: “I read it on Reddit”.
Reddit’s cryptocurrency news is related to topics that users provide, together with the participation of the platform itself concerning the world of digital currency. Reddit was one of the first organizations that began accepting Bitcoin, although they stopped accepting cryptocurrency in March, 2018, perhaps because of the constant breaches on the platform which they used for making transactions, according to the Reddit administration. Nevertheless, in April of the same year, there was news about a revival of BTC in the service with addition of Ethereum and Litecoin.
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“We are still in the early days of Web 3.0, and the most obvious opportunities right now are in gaming and social,” said Ohanian.
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After months of speculation, the popular social media site Reddit has finally announced that it is filing for an initial public offering.
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The top comment on Ubisoft’s YouTube video introducing its NFTs has more likes than the actual video and slams the firm for “milking” money from its customers.
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Reddit has launched a new website allowing mods and users to sign their subreddits up for the new “Community Points” token rewards program.
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While Jason Citron said the NFT feature was in “pre-release” mode, he has now changed his tune after being bombarded with thousands of comments calling on him to drop the plans.
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Reddit engineer, Rahul, highlights the social media platform's efforts to improve user interaction through various cryptocurrency initiatives.
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“The metaverse enables us to embed computing into the real world, and to embed the real world into computing. Bringing real presence to any digital space,” said Microsoft CEO Satya Nadella.
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Former Goldman Sachs partner NYDIG partook in Bottlepay’s seed funding round in March 2021.
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“Future creators won’t just build games but also the components, characters, and equipment. Blockchains will power the commerce underneath,” GameStop head of Web 3.0 gaming job listing reads.
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Other social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces.
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“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram.
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Coinbase sent an email to 125,000 users mistakenly notifying them that their two-factor authentication settings had been changed.
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Speaking on the latest funding round which sees Reddit at a valuation of $10 billion, Steve Huffman, co-founder and CEO of Reddit, stated tentative plans for the firm to go public.
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“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet.
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