Reddit Moons Experience 130% Surge Amidst Community Plans for Token
Reddit administrators are taking a step towards decentralisation by "renouncing the Moons contract" and concurrently initiating a token burn to reduce the overall supply.

Reddit administrators are taking a step towards decentralisation by "renouncing the Moons contract" and concurrently initiating a token burn to reduce the overall supply.
The prices of related tokens like MOON, BRICK, and DONUT have taken a hit.
Reddit to phase out Community Points — The blockchain-based program that was designed to reward creators and developers on the platform.
Reddit has announced the discontinuation of its blockchain-based rewards initiative, Community Points. The decision, outlined by Tim Rathschmidt, Reddit's director of consumer and product communications, comes as a response to the escalating challenges in scaling the program, exacerbated by evolving regulatory conditions.
From December 11, 2023, TOPPAN Holdings, Inc. and Dentsu Group, Inc. are teaming up with ODK Solutions, Inc., Sony Corporation, and several other entities to introduce a groundbreaking innovation - the Web3.0 Wallet. This digital asset storage solution incorporates photorealistic avatars to revolutionise user interaction.
Solana Labs' co-founder, Anatoly Yakovenko, addressed the less-than-impressive sales of the company's smartphone, Saga, in an interview with Unchained Crypto on Dec 5.
Sotheby’s digital art division revealed plans to auction pieces from the BitcoinShrooms collection, a project crafted by artist Shroomtoshi. The collection, minted on-chain in October, is hailed as the "first-ever Ordinals collection," according to both the BitcoinShroom website and its associated account.
Binance's CZ, facing money laundering charges, confronts an unplanned stay in the U.S. until sentencing.
There have been no details regarding the other specifics of the airdrop, though scammers have already posted multiple phishing links in response to the Twitter post.
Tokens that have previously been delisted in the US are also available for trading in the EU.
Users are advised to exercise caution to avoid potential risks associated with fake accounts or phishing links during this transition.
He had previously been arrested at Podgorica airport for using a fake passport, after having been on the run for about a year.
This technology aims to mitigate risks associated with manual handling of assets while maintaining a secure separation from online environments.
His co-founder Julian Hosp, however, is none too keen to allow the liquidation to happen.