Reddit offloads most of its Bitcoin, Ether holdings
The bulk of Reddit’s cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.
Related Posts


Coinbase Closes Chicago Office and Scales Down Work on Matching Engine
Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23.Per the report, the exchange will consolidate the high-frequency trading matching engine efforts into its San Francisco office. Coinbase also purportedly laid off about 30 employees and will relocate some to…

Blockchain and Crypto: Will Security Issues Finally Be Dealt With in 2020?
The past few years have been a watershed moment for security in crypto. As the asset class has gained popularity, more and more security breaches have been highlighted and more institutions targeted.The burgeoning industry is ripe with opportunity, but also with risk. Two incidents that highlight this lapse in security spring to mind.Back in January…

Central banks can use Bitcoin to fight off sanctions: Harvard research
Matthew Ferranti, a Ph.D. candidate at Harvard, pointed out that Bitcoin is an optimal alternative hedging asset for central banks. 895 Total views 6 Total shares A research paper published at Harvard university highlighted how central banks can use Bitcoin (BTC) to hedge against financial sanctions from fiat reserve issuers. A working paper, titled “Hedging Sanctions…

Nigeria’s central bank forced to deny claims of crypto account freeze
The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited.

Andy Warhol would have loved (or possibly hated) NFTs
by Max Parasol 12 min November 1, 2022 “Don’t think about making art, just get it done.” If Andy Warhol — the most famous artist of the 20th century — were alive today, he would make NFTs. The reasoning is simple: because for Warhol, business was art. So, I decided to do some digging and…

Binance Chain Runners Should Be Aware of Mainnet Hard Fork Upgrades
Some new upgrades to keep in mind. 2103 Total views 22 Total shares The Binance Chain mainnet, a blockchain software system developed by Binance and its community, is scheduled to do a hard fork upgrade around August 28 at 6:00 AM UTC. According to the company’s post on August 23, the full node runners on the…

Crypto lender Polter Finance halts operations after $12M hack
Polter Finance suffered a $12 million flash loan hack and is now investigating stolen funds linked to Binance wallets and offering to negotiate with the attacker.

Mara Holdings raises $1B for Bitcoin acquisition, debt buyback
Mara Holdings has secured $1 billion through convertible notes for strategic debt management and aggressive Bitcoin investment.