Reddit holds Bitcoin, Ether, Matic on balance sheet per IPO filing

Reddit said it acquired major cap cryptocurrencies, including Bitcoin, for varying reasons and has received digital asset payments for limited services since at least 2022. 

Filecoin rally as MetaClip presale gains, Chainlink choppy

MetaClip is firm in the ongoing presale while Filecoin is rallying. Chainlink is struggling for gains

How Polygon (MATIC)-Backed Proving System Bolsters ZK L2s

Polygon and StarkWare push the boundaries of what’s possible in the ZK Layer 2 space with a new proving system. Continue reading at DailyCoin.

Reddit IPO filing reveals treasury exposure to Bitcoin, Ethereum

Social media giant Reddit has been quietly buying Bitcoin and Ethereum with some of its excess cash and holds an undisclosed amount of the two tokens in its treasury for investment purposes. The social media giant’s crypto exposure details were revealed in its initial public offering (IPO) prospectus, which was filed with the SEC on […]

Polygon (MATIC) and Render Token (RNDR) Prices Soar As Meme Moguls (MGLS) Raises Nearly $2.5M in Presale Frenzy

In the current meme coin market, the hottest topic is Meme Moguls (MGLS) and its stellar presale performance. This Stage 5 presale star has already obtained close to $2.5M while also being pegged as the next 100x meme coin in 2024. Meanwhile, Polygon (MATIC) and Render Token (RNDR) also show noteworthy growth. Let’s explore why. […]

What Is Notcoin? Co-Creator Sasha Plotvinov Explains the Viral Telegram Game and Token

Notcoin, a simple clicker-style game within messaging app Telegram, has racked up over 25 million players since the start of 2024 and plans to convert the trillions of virtual coins mined so far into a real crypto token on The Open Network. Open Builders founder Sasha Plotvinov joins Decrypt’s Andrew Hayward to explain the viral […]

Coinbase challenges Nigeria’s governmental restriction claim

The Nigerian government has mandated telecom and internet service providers to restrict access to various crypto exchanges, including Binance, Coinbase, and Kraken. 

Reddit Bought Bitcoin and Ethereum

Bitcoin jumped to $52,000 while eth overtook $3,000 again after Reddit Inc revealed they hold both in treasury reserves.

South Korea With a Clever Way to Collect Crypto Taxes: And It’s Paying Off

In 2023, Gyeonggi Province, the most populous province in South Korea, collected millions of dollars from tax evaders by tracking their crypto assets on several centralized exchanges. According to a report by local media Yonhap News Agency, the Gyeonggi Tax Justice Department accrued 6.2 billion won ($4.67 million) in undeclared taxes from evaders by using […]

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the company has invested some of its “excess cash reserves” into multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). According […]