News
Coinbase sent an email to 125,000 users mistakenly notifying them that their two-factor authentication settings had been changed.
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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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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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The Dfinity Foundation has launched a fund of around $223 million to support development on its decentralized Internet Computer network.
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With distrust in centralized financial institutions at high levels, a decentralized crypto exchange inspired by r/Wallstreetbets is gearing up for launch.
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Musk’s latest tweet resulted in a 26% surge in the price of DOGE, while Coinbase is set to list the coin in six to eight weeks.
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The grassroots movement is dedicated to “rooting out corruption” with its latest exchange-traded portfolio and token offerings.
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The subreddits for Dogecoin and CryptoCurrency added a combined 232,697 subscribers last week, far outpacing the growth of all other communities.
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Apparently, r/Wallstreetbets doesn’t “bow to cryptocurrencies.”
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How many gallons of jet fuel does it take to send GameStop, Bitcoin and Dogecoin to the moon?
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Reddit group r/Wallstreetbets will allow a limited amount of crypto discussion as it seeks to accommodate members in the community without detracting from its stock market focus.
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It may sound shocking today, but in 2010, software developer Gavin Andresen was on a mission to give away free BTC in an effort to boost adoption.
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After skyrocketing above $370 following the Reddit-driven short squeeze, GameStop shares are now trading at around $160.
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R/Dogecoin was the third-most active crypto group on Reddit behind r/CryptoCurrency and r/Bitcoin this week.
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Brian Armstrong compares Coinbase to Amazon in the early days in terms of innovations that will benefit customers.
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