What feels better than watching Bitcoin (BTC) skyrocket on bullish mass-adoption news? For hodlers, there aren't too many events in life more satisfying than a trip to the moon — and now the rest of the world seems to be catching on. Bitcoin, it seems, is outstripping sex — at least when it comes to Reddit users — which may come as little surprise to those of us who spend time on the "front page of the internet." Reddit enjoys a massive audience of 440 million users and has been a popular destination for Bitcoin enthusiasts since very early days. …

A new form of crypto agriculture appears to be taking shape, with Reddit’s “community points” tokens facilitating the emergence of spam-farming. Reddit’s community points are given to users based on their activity within a given subreddit, with the feature currently activated for the platform’s cryptocurrency and Fortnite communities as ERC-20 tokens, dubbed Moons and Bricks, respectively. With the xDai-based decentralized exchange Honeyswap recently launching pairings for wrapped versions of the tokens, Reddit users can now farm memes for profit. Reddit’s community points are distributed monthly based on user activity. The tokens were initially issued retroactively based on the “Karma” — …

This story has been updated with information about the apparent error in the MOON smart contract. In defiance of Reddit's apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’ tokens for fiat — and it’s resulted in a pretty surprising market cap. In May Reddit announced it would begin distributing ERC-20 rewards tokens on the Rinkeby testnet among users of its cryptocurrency and Fortnite subcommunities in the form of ‘MOONs’ and ‘BRICKs.’ The tokens are distributed according to a user's contributions to the respective subreddits. xMOON pairings appeared on xDai network exchange Honeyswap last …

Reddit-inspired social aggregation platform Discussions.app announced its expansion to the Telos network on Sept. 3. The first project to come out of the new collaboration will be a decentralized identity system, allowing users to record their accounts and contacts from Twitter and other social networks to the blockchain in the event of a block or ban. In the social-media age, users spend years growing networks and followers on various platforms, although this work can be destroyed by the sometimes arbitrary-seeming decisions of the networks. Discussions.app addresses this by allowing users to migrate across platforms without losing their valuable identities and …

A number of projects introduced potential scaling solutions prior to Reddit’s July 31 deadline. Most contest participants are existing developers of Layer 2 solutions for Ethereum. The majority of entrants seem to have tweaked their existing technologies to accommodate Reddit’s demands. The terms of the challenge stipulate that proposed technologies should be able to handle “100,000 point claims, 25,000 subscriptions, 75,000 one-off point burns and 100,000 transfers” spanning a five-day period. Each of these would be a separate type of transaction, equivalent to a transaction-per-second rate of just 0.69. However, since they are calls to smart contracts and token transfers, …

On June 18, a user posted a link to a court document that accuses Kik of facilitating the exchange of child porn on the Kin Foundation’s subreddit. The link was then crossposted to Solana’s subreddit. Moderators for both subreddits subsequently removed the posts. Cointelegraph contacted the moderators of both subreddits on June 22, but received no explanation. Solana’s subreddit moderators later deleted Cointelegraph’s public inquiry, as shown by the Reddit anti-censorship tool, Snew. Kik is in the midst of a sex trafficking lawsuit Removeddit is a content retrieval service that caches Reddit posts before they are removed. We can see …

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Should Bitcoin traders stay bullish if BTC price corrects to $7,700? Bitcoin is at a pivotal point — and the next few weeks are likely to be critical in establishing a medium-term price trend. The resistance zones are still clear: $10,100 to $10,500. According to analyst Michaël van de Poppe, another test of this resistance …

Social content platform Reddit is continuing to push forward with its Ethereum-powered ‘Community Points’ reward system, announcing that it is seeking developers to help it scale the tokens up for use by all of its 430 million monthly users. On June 19, Reddit revealed it was partnering with the Ethereum Foundation to call for projects building Ethereum (ETH) scaling solutions. “Our goal is to find a solution that will support hundreds of thousands of Community Points users on mainnet today, and can eventually scale to all of Reddit (430 million monthly users),” Reddit posted. Reddit will accept applications from interested …

Alexis Ohanian, a millionaire tech entreprenuer and co-founder of online social platform Reddit, recently publicized plans for his personal fight against racism. These include his desire to see a member of the black community replace him at his current board position. "I've resigned as a member of the reddit board, I have urged them to fill my seat with a black candidate," Ohanian said in a June 5 tweet. The United States shows unrest Over the past week and a half, cities across the U.S. have seen protests, with some cities also experiencing rioting and looting in response to the …

Reddit’s r/FortNiteBR community has conducted almost five times as many ERC-20 token transfers as the r/CryptoCurrency community with over 1% of Fortnite subscribers holding tokens. After only two weeks of Reddit launching their Ethereum-based Community Points system, over 15,000 users have performed almost 18,000 token transfers with over 80% using FortNite’s Brick tokens as shown by DappRadar’s Reddit Points Tracker. Transaction data for r/FortNiteBR and r/CryptoCurrency. Source: Reddit Both communities have a similar amount of subscribers with r/FortNiteBR only slightly ahead on 1,271,810 subs, but within three days Fortnite showed much stronger support as over 75% of token sign ups …

A new kind of cryptocurrency tipbot allows users to pay others to answer their questions on social media, providing a new tool to pool data in the ecosystem. Liser Lee of CCTip told Cointelegraph that the system can help drive engagement or generate expert commentary. It lets users create a Twitter poll and automatically pay anyone who shares it with cryptocurrency, helping a poll gain more exposure and answers. The company is also considering a system pays the poll respondents instead. Other than Twitter, CCTip will also work on Telegram, Discord, WeChat and on Reddit as well. It supports 200 …

Reddit co-founder Alexis Ohanian has described the virtual currency ecosystem firmly sitting in “crypto spring,” emphasizing the strength of development surrounding meaningful applications for blockchain technology. In an interview with Yahoo Finance published May 23, Ohanian stated: “We really do see a crypto spring right now in terms of top-tier engineers, product developers, designers, building real solutions on top of the blockchain.” “We’re seeing really top-tier talent building on this infrastructure [...] and that to me is the most interesting part” he added. Crypto is here to stay Ohanian revealed that he has held “a percentage of [his] wealth in …