One of the most popular online forums, Reddit, has announced the imminent shutdown of its Community Points program – ERC-20 tokens that rewarded active community members.
The program will stop working in early November. In addition, the regulatory environment has also made it difficult to operate the program
James Whitfield is markets correspondent at BTCNews. He spent eight years on the equity desk at Bloomberg London before moving to digital assets in 2020, and now leads our daily coverage of spot prices, derivatives and ETF flows. James reads order books for breakfast and has been quoted in the Financial Times, CityAM and CoinDesk. He is a CFA Level III candidate and is based in the City of London.