Reddit Launches

Reddit Launches "Upvoted" News Site: Bitcoin not Welcome

Reddit is not exactly known as a safe haven for constructive posts, friendly comments or honest moderators. In fact, this “front page of the Internet” has become rather toxic in some cases, as readers can turn on each other in a heartbeat. However, there is also a great amount of valuable content to be found on this platform, which is part of why Reddit....


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Reddit May Integrate Bitcoin P2P Payments

Social content sharing website Reddit may integrate Bitcoin P2P payments, allowing users to make send money between each other for tipping or making purchases. Reddit was already no stranger to the ins and outs of cryptocurrency. Just last month (December) the site announced plans to develop its own digital currency which would be given away to users as a reward and as a 'celebration' of its users' contribution towards the success of the site. Added to that, there is also the fact that the site's /r/bitcoin board has become one of the most popular destinations for Bitcoin users and....

NY State Dept. of Financial Services Superintendant Ben Lawsky May Do Reddit AMA

Members of the online bitcoin community may soon have their opportunity to ask New York State Department of Financial Services superintendent Ben Lawsky questions regarding bitcoin regulation. In a correspondence via Twitter, Lawsky was encouraged by Twitter user Eric Beland to do an AMA on Reddit.com. @BenLawsky Impressed w/ your open approach! Highly recommend getting feedback by doing an AMA. The president did one! http://www.reddit.com/r/IAmA/. AMA, an acronym of "ask-me-anything" allows users of the social sharing site to ask questions to anyone they feel is noteworthy. Popular AMAs....

Reddit Removes Fake Trezor Ads Soliciting Orders

Reddit has removed ads impersonating the Trezor shop, the most recent incident of fake bitcoin websites that scam users. Trezor advertises its bitcoin wallet as a secure home for bitcoin, but that does not prevent scammers from capitalizing on its name for malicious purposes. The Reddit administrators removed the ads more than 12 hours ago, according to a Reddit post. Reddit readers who notice malicious ads are encouraged to email Reddit at /r/r/reddit.com. Reddit Users Sent To Fake Site. Reddit users were directed to a cloned version of the Trezor site, according to The Merkle. Any order....

Reddit Adds Bitcoin Payments to Merchandise Store

Reddit has announced that its merchandise store, RedditMarket, is now accepting bitcoin. Coinbase will process users' payments on the platform, which sells a variety of Reddit paraphernalia, including a $142 plush toy of the site's mascot, Shoo. Reddit's decision was well-received on Twitter, although some users expressed their wish for RedditMarket to accept other altcoins such as dogecoin. When the announcement was posted on Reddit it attracted a positive response from seemingly excited bitcoin aficionados. The news comes a couple of months after Reddit's cryptocurrency engineer, Ryan X....

Reddit Lets Go Cryptocurrency Engineer

Ryan X Charles has been let go from his post as cryptocurrency engineer on social platform Reddit. The developer, who only this week demonstrated his proof of concept forpeer-to-peer bitcoin payments on the site, announced the news in a Reddit post, saying: 'I have complete confidence in the new leadership, but cryptocurrency is no longer in their plans.' He added that he was 'fairly confident cryptocurrency will return to Reddit in the coming years', but that it would "have to wait a while for things to calm down" - a reference to the company's current situation after the sudden departure....