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Reddit Goes Down As Communities Protest Wildly Unpopular Changes [UPDATE]


As we reported earlier in the month, Reddit, one of the most popular forums for gaming communities, is planning to make some changes under the hood that will essentially kill off every third-party app. Given the state of the official app and its heavy reliance on huge ads, it’s a deeply unpopular...

Russian Banker Predicts End of Dollar Dominance as Global Power Shifts


Russia’s second-largest bank’s chairman has predicted the end of U.S. dollar dominance. He believes that the Chinese yuan will replace the U.S. dollar as the dominant currency. “I think that the time has come when China will gradually remove currency restrictions,” he noted, adding that...

SOL is 'Not a Security', Insists Solana Foundation Amid SEC Lawsuits


The Solana network’s native token SOL is “not a security,” despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said. Commenting on the regulatory status of its token to CoinDesk on Thursday, the Solana Foundation made it clear that it still sees...

Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees


African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing...

Solana Foundation: SOL is 'Not a Security'


SOL, the native token of the Solana blockchain, was declared an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase

To Identify or Not in a Web3 World?


By striking a balance between privacy and identity verification, blockchains can realize their full potential and lure institutional money

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