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BlockchaINVEST • January 7 - March 11, 2019

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Tag: Reddit

Reddit’s Bitcoin Community Reaches 1 Million Subscribers

Category: Bitcoin, Blockchain, Finance, News, Platform, Tech

Reddit’s Bitcoin Community Reaches 1 Million Subscribers

While Bitcoin’s price has been on a continuous downward slope since November, the cryptocurrency’s official subreddit, ‘r/Bitcoin’, has achieved one of the biggest milestones on Reddit, reaching 1 million subscribers on December 2, 2018. Bitcoin’s Subreddit Reaches an Important Milestone Despite the raging bear market that has been shaking the crypto industry since early November 2018, there are certain aspects…

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Cryptocurrency Price Crash May Be Necessary for the Industry to Mature

Category: Altcoins, Bitcoin, Blockchain, Commentary, News

Cryptocurrency Price Crash May Be Necessary for the Industry to Mature

The cryptocurrency industry’s market cap recently fell to its lowest state in over a year after a long period of stability. According to a CNBC interview with entrepreneur Alexis Ohanian, published on November 16, 2018, the founder of Reddit believes that the cryptocurrency price crash may be a necessary step for the industry to mature and provide tremendous value over…

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What is Meme Economy and How Can You Invest in it?

Category: Bitcoin, Blockchain, Cryptocyclopedia, Ethereum, Finance, News, Tech, wallet

What is Meme Economy and How Can You Invest in it?

Memes have steadily found their way from 4chan boards and reddit subs into the mainstream culture. Nobody expected a picture with text on it to be the preferred means of breaking the ice or communicating with someone else on the other side of the world. On closer inspection, it’s not hard to figure out what factors make memes stand out…

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Reddit User Exposes his Crypto Astroturfing Operation

Category: Altcoins, Bitcoin, Business, News, Platform

Reddit User Exposes his Crypto Astroturfing Operation

The shadowy world of spam marketing and sock puppeting on behalf of cryptocurrency and blockchain projects has hit the headlines for its impact on Twitter users. The ubiquitous “crypto giveaway” scam has targeted everyone from Roger Ver to Pope Francis. Less known is how this complex shilling operation functions on sites like Reddit and Bitcointalk, which are even more critical…

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Hackers Attack Compromises Ethereum Block Explorer Site Etherscan.io

Category: Altcoins, Crime, Ethereum, News, Tech

Hackers Attack Compromises Ethereum Block Explorer Site Etherscan.io

On July 23, 2018, the most popular Ethereum block explorer site Etherescan.io was hit malicious attack. According to Motherboard, the hackers were able to use the website’s comments section to introduce malicious code. However, the attack revealed to be more like a prank than a real attack. Even so, while it was apparently harmless, it exposed a vulnerability that could…

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Reddit Clone “ThunderMessage” Uses Bitcoin and Lightning Network for Upvoting and Downvoting

Category: Bitcoin, Blockchain, Development, News, Platform

Reddit Clone “ThunderMessage” Uses Bitcoin and Lightning Network for Upvoting and Downvoting

A new decentralized take on the popular internet message board Reddit allows users to upvote and downvote comments exclusively by sending small amounts of bitcoin instead of clicking on little green and red arrows. This effectively allows its users to buy popularity and on paper at least if not in practice, it incentivizes good posting behavior. Meet the New King,…

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ProtonMail to Lance an ICO to the Chagrin of the Crypto Community

Category: Adoption, Altcoins, Business, Ethereum, ICO News, News

ProtonMail to Lance an ICO to the Chagrin of the Crypto Community

ProtonMail, a premier end-to-end encrypted email service provider, might well be on its way to launch an Initial Coin Offering (ICO). On July 24, 2018, the firm posted requirement for a “Blockchain developer” on the career portion of their official website, fueling speculations that the company has decided to go for a public ICO shortly. Earlier March 2018 Hints on…

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Reddit Set to Restore Bitcoin Payments, Will also Support Ethereum and Litecoin

Category: Altcoins, Bitcoin, Business, Ethereum, News

Reddit Set to Restore Bitcoin Payments, Will also Support Ethereum and Litecoin

Reddit, one of the largest online forums in the world, is gearing up to resume accepting bitcoin payments. The platform had earlier disabled bitcoin payments in March 2018 leaving subscribers with only PayPal and Credit Card payment options. Issues concerning high fees and problems with Coinbase API integration were responsible for the decision to stop accepting bitcoin payments. The forum…

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Redditors are Battling to Prove their Region Leads Bitcoin Adoption

Category: Bitcoin, Commentary, News

Redditors are Battling to Prove their Region Leads Bitcoin Adoption

Redditors worldwide have suddenly become engaged in a new battle amongst themselves to highlight merchants accepting bitcoin in their native land. Dozens of users are posting pictures of local outlets accepting bitcoin as a payment method, all to prove that their region is still ahead in terms of adoption of the largest and most popular cryptocurrency. How it All Started…

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Cryptocurrencies Need A ZeroNet “Zite”: Starting with Monero, Here’s Why

Category: Altcoins, Bitcoin, News, Tech

Cryptocurrencies Need A ZeroNet “Zite”: Starting with Monero, Here’s Why

In the past month, several social media platforms took a harsh stand against cryptocurrencies and placed indefinite bans on cryptocurrency advertisements, effectively cutting any chance of relevant information reaching out to the world. However, the future of decentralized assets may lie in a similar decentralized platform; ZeroNet. Global Crackdown On Cryptocurrencies and ICOs In 2018, several countries and financial institutions…

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