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.
Cointelegraph tweeted that SEC approved iShares' Bitcoin (BTC) Spot ETF, but was confirmed to be false by BlackRock.
Fantom Foundation finds itself contending with a significant breach with $657K drained in the depletion of more than 35 crypto wallets.
But perhaps because it is always subject to attacks, and with a $50 million exploit in 2019 looming over their heads, Upbit's approach towards security and risk is more prudent than most.
The acquisition follows a relatively recent fundingraising for BitGo and a partnership with South Korea's Hana Bank.
These exchanges have suspended deposits and withdrawals specifically for Wrapped EVER (WEVER) tokens, with native EVER tokens remaining secure and unaffected on Octus Bridge.
Binance.US no longer permits USD withdrawals; asks users to convert USD to stablecoins or other digital assets.
The ESMA further cautioned that even after implementation, investors should be prepared for the possibility of incurring total losses.
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The burn rate of Shiba Inu ($SHIB), the meme-inspired cryptocurrency, has witnessed an astonishing surge of more than 250% within a mere 24-hour span. This surge was triggered by a series of 23 substantial transactions, resulting in the removal of a substantial 47.9 million SHIB tokens from circulation.
Sui under the investigative lens of the FSS with allegations centred on inaccurate reports pertaining to its circulating supply and the purported gains derived from staking activities.