• Reddit experiments with crypto
    Cryptocurrencies

    Reddit experiments with crypto-based points system

    The points, based on the Ethereum blockchain, could be used to buy Reddit Premium membership and purchase things like badges, GIFs, and emojis

    Funny cat videos are rewarded with a mere like on Facebook. On Reddit, they could soon be rewarded with cryptocurrency. The hugely popular social network is said to be experimenting with a new system for racking up points that is based on the Ethereum blockchain.

  • SEC
    Bitcoin,  Ethereum,  Politics,  United States

    Timing of Coinbase move to add Ethereum Classic raises eyebrows

    Token joins coveted shortlist but causes some to wonder about a heads up from SEC

    Holders of Ethereum’s ether token () breathed a sigh of relief last Thursday when William Hinman, the SEC’s director of corporate finance, announced at a Yahoo Finance summit that ether is not a security. Many were not just heartened by the development but surprised, since the currency had clearly been released as a way to fund operations, which those following the developing regulatory picture consider a warning sign. But at least one party with a lot riding on Ethereum’s success doesn’t seem to have been caught off guard. Coinbase, the largest U.S. exchange, appears to have been anticipating the move, leading some industry insiders to wonder just how closely the…

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