Bitly Alternative Cred Rewards Social Sharers With Bitcoin

Bitly Alternative Cred Rewards Social Sharers With Bitcoin

A new bitcoin application is seeking to impact the online advertising space with a Bitly alternative that rewards users in bitcoin. Called Cred, the application seeks to encourage readers to share content through specialized links that generate monetary rewards. The difference between Cred and existing URL management platforms is that, in addition to a link shortener, the application inserts its own advertisements into the user experience. "There's a page between the platforms and the content, so that's an opportunity for an advertiser to display an ad based on where you're going," Cred....


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Judge rejects motion to freeze Cred's crypto assets in bankruptcy case

A U.S. bankruptcy judge has rejected a motion to freeze the assets of beleaguered crypto lending service that was filed by its users. U.S. Bankruptcy Judge John Dorsey has denied an emergency motion filed by 15 customers of the embattled crypto lending firm Cred Inc. to freeze crypto assets held by the firm on exchanges amid its Chapter 11 bankruptcy proceedings.More than one dozen of Cred’s creditors filed the emergency motion on Nov. 23, seeking to compel 21 cryptocurrency exchanges to freeze assets held by Cred on their respective platforms, including five U.S.-based exchanges.During a....