As r/Bitcoin Hits One Million Users, State Street Claims ‘No Urgency’ for Crypto Custody

The Reddit subreddit r/Bitcoin has hit the one million user milestone, some eight years after it began. Despite the surging interest in bitcoin among the wider community, investment management giant State Street claims there is “no urgency” to develop secure crypto storage services for its clients. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions…

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Bitcoin Social Media Celebrates Reddit Sub r/Bitcoin 1M Subscribers

The Bitcoin forum of social media platform Reddit is celebrating a milestone of its own December 2 after gaining its one-millionth subscriber. u/CryptoBull007 Clinches Coveted Title While there remains little cause for celebration among the Bitcoin community in the ongoing 2018 bear market, growth in one sector of its economy is undeniable: the r/Bitcoin subreddit….

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Stox Responds to Rumours of Exit Scam

Stox, an Ethereum-based prediction service, has released an official response to recent internet rumour-mongering. Specifically, a text published on Reddit and in shared on some Telegram groups says that the company has performed an exit scam. The text also implicates Moshe Hogeg, CEO of Sirin Labs. Join the Leading Industry Event! Power of rumours The…

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Reddit Cofounder: Cryptocurrency Needs Its 'Netscape Browser' Breakthrough

The co-founder of Reddit, Alexis Ohanian, and the Director of MIT Media Lab’s Digital Currency Initiative, Neha Nerula, compare cryptocurrencies to different stages of the development of the internet. However, their positions differ. Ohanian: Cryptocurrencies are More Analogous to the Internet in the 1990s Reddit’s co-founder and venture capitalist Alexis Ohanian has been quite vocal about…

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What is Bakkt and how does it work? Institutional options for Bitcoin (Part 2)

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The BEST MAGIC of REDDIT!!

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John McAfee Announces 'Anti-Corruption' Alliance Against HitBTC Exchange

HitBTC hit the news again, passively this time after its competitor CoinBene made an anarchist announcement against the #7 exchange. Any cryptocurrency that will voluntarily choose to leave HitBTC will be welcomed for free on CoinBene. John McAfee’s War Against HitBTC John McAfee said that he’s keeping the pressure on cryptocurrency exchange HitBTC after rival…

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Bullish Sign? Bitcoin Reddit Traffic Rises For the First Time Since 2017

A moderator of the popular Bitcoin sub-reddit has revealed that traffic has once again picked up after dropping every month since December 2017. r/Bitcoin Sub-reddit Nears 1 Million Subscribers Ranked number 14 in the world and number 5 in the United States, according to Alexa Rankings, Reddit is one of the most visited websites in…

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Brave Browser Extends Crypto Tipping to Reddit and Twitter

The Brave team is still working on ways to make their new browser more appealing. Combining the potential of cryptocurrency with online browsing will create many new use cases which would otherwise remain inaccessible. In a new effort, Brave now incentivizes users to tweet and use Reddit. Another Step Forward for Brave The Brave browser…

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The Internet’s Cat Obsession Explained By Reddit’s Alexis Ohanian

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HitBTC User Rallying Support for Class-Action Suit

A reddit user by the name ‘pedxs’ has invited other users to join him in a class action lawsuit against cryptocurrency exchange HitBTC. He claims that the exchange has not been allowing him to withdraw his money, instead repeatedly requesting that he send personal information, purportedly to fulfil know-your-customer requirements. The sum involved is 6…

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Deep Web Roundup: BCH Adoption Increases and Dread Rises

The specter of the deep web looms large over everything bitcoin does. You won’t hear it mentioned by VCs funding blockchain startups, or by options exchanges applying for bitcoin ETFs, but the darknet is the reason we’re all here. A periodic glance into the latest from the deep web provides an insight into the underbelly…

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Censorship, Bans, and ETH Scams: Twitter Suspends Bitmain's Official Account

This week the Twitter handle @Bitmaintech was locked down because Twitter administrators claimed the account belongs to a 4-year-old. The Twitter handle’s owner and Bitmain’s head of marketing have complained to the social media company’s support team and Twitter’s CEO Jack Dorsey. The account lockdown marks the second high profile bitcoin-related account that’s been banned…

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Censorship of Cryptocurrency Discussions on Reddit Gets Kafkaesque

The continued censorship of cryptocurrency discussions on some of the larger sub-forums of Reddit has gotten to new levels recently. People are not only getting banned for any comment that might challenge the moderators’ enforced opinions in one forum, but complaints are also silenced in competing forums as well. Also Read: Company Asks Israeli Authorities…

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Second Class Citizens or a False Narrative? The Non-Mining Node Debate Heats Up

Over the past few months, there has been an ongoing theoretical and ideological debate concerning the difference between mining nodes and non-mining nodes, and whether or not one set of nodes is more important than the other. The ongoing argument between BCH proponents and BTC supporters often leads to the node debate as to which…

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Bitcoin & Cryptocurrency News – Reddit BTC, Oman XRP, and ICOs, and Airbus

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Reddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year

Alexis Ohanian, a co-founder of Reddit, said that he predicts the price of Ethereum (ETH) will reach $15,000 in 2018, Fortune reports May 2. Ohanian, who now works full-time at a venture capital (VC) firm Initialized Capital, said in an interview, “At the end of the year, Bitcoin will be at $20,000. And Ethereum will…

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Bitcoin Cash Tip Bots Are Making Rounds Across Social Media

At the moment, there are a few bitcoin cash (BCH) based tipping bots allowing the transfer of micropayments between Reddit users, Twitter feeds, and Telegram conversations. Over the past few months, the BCH community has been utilizing two micro-tipping bots that can transfer BCH on all three of these platforms. Also Read: ADS Securities Adds…

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Reddit Downvotes Bitcoin over Coinbase Change, Bugs

Reddit, the website known as ‘the front page of the internet’, has disabled Bitcoin payments for its Gold memberships, citing concerns over Coinbase’s new Commerce platform. Reddit Downvotes Bitcoin A long time focal point for the Bitcoin community, Reddit began accepting Bitcoin for Gold Memberships in 2013, but according to board administrator u/emoney04. the company…

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Reddit Downvotes Bitcoin Payments

Reddit recently removed the option to pay in Bitcoin for their premium membership program Reddit Gold. A Reddit moderator mentioned that the upcoming Coinbase changes and  presence of bugs in the Bitcoin payment option were reasons why they decided to drop Bitcoin as form of payment. The social news aggregator’s decision follows in the footsteps…

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