Tagged: reddit

Robinhood Restricts Trading in GME, AMC and More as Traders Drive Volatility, Hedgies Lose Out

Robinhood, a top investment platform for the next generation, has restricted trading certain shares of firms that have been targeted by trading forums on Reddit. Members of certain forums like Wallstreetbets, with 4.5 million members, have targeted listed firms that are highly shorted by hedge… Read More

Crazy Town: GameStop Rockets Higher, Pundits Blame Reddit, Short Sellers Close Out

A week ago, GameStop (NYSE:GME) was trading at around $37/share. Today, GameStop is trading at around $277  $334 a share – jumping by over 80%  120% today alone. If you thought the ICO rave was crazy, think again. More mundane traditionally regulated markets may be… Read More

Reddit Introduces Two Ethereum Tokens as Rewards for its Cryptocurrency and Fortnite Subreddits

Reddit, the popular social news aggregation and discussion website, is currently testing two Ethereum-powered tokens for platform users. The blockchain-based tokens may be earned as rewards for posting content to Reddit’s online forums. The two tokens, $BRICKS and $MOONS, will be awarded to user accounts… Read More

Beware the Tinder Cryptocurrency Seductress

A poster on Reddit is warning that “Asian Girls” on Tinder are engaging in sometimes month-long seductions to lure marks and their money to unreliable cryptocurrency projects. In the post titled, “PSA: Watch out for girls from Tinder who like fashion, hiking, investing and other… Read More

Wasabi Wallet User Arrested for Handling Bitcoins from “Serious Crime”

In a Reddit post titled, “Warning about using Wasabi: it can ruin your life,” a poster called “u/green105” has alleged that his or her partner was arrested and jailed “for days” for innocently handling Bitcoins traced to a serious crime. Wasabi is a Bitcoin wallet… Read More

Redditors Claim Sudden LayOffs and Security Crackdown at Kraken Crypto Exchange’s Halifax Branch

An employee at a Halifax leg of the Kraken crypto exchange that few knew existed has claimed that employees were suddenly laid off yesterday morning in a high-security atmosphere. The thread was started by “throwaway34034324” on reddit: Redditor “MysteriousPlankton” confirmed within hours that Kraken gathered its Halifax employees… Read More

Return of “Terrible Token Tuesdays”

After last week’s post was suspiciously ‘downvoted’ into obscurity on Reddit, this Tuesday saw the triumphant return to Reddit of the “Terrible Token Tuesdays” post that every week identifies particularly bad ICOs (Initial Coin Offerings) investors may want to steer clear of. “Terrible Token Tuesdays”… Read More

Ethereum Quickly Catching Up to Bitcoin’s Transaction Volume

According to an article published on Trustnodes today, Ethereum is now handling almost half the transaction volume of Bitcoin. That might not sound impressive but you have to consider the fact that Ethereum launched less than 2 years ago whereas Bitcoin is over 9 years old…. Read More

Harmonix Team Conducts Reddit AMA to Discuss Details About Fig Project “Rock Band 4 For PC”

In an effort to share more details about Rock Band 4 for PC, the team from studio Harmonix took to Reddit to chat with fans and answer questions in regards to the game. Last month, Harmonix launched a campaign on crowdfunding portal Fig to raise $1.5 million for… Read More

Kickstarter Becomes One of Sixteen Companies to File Amicus Brief in Support of Apple’s Privacy Case

On Thursday, Kickstarter announced it has filed an amicus brief with sixteen other companies to support Apple in its fight to protect the privacy and security of its millions of customers. Following the devastating shooting in San Bernardino last December, a federal court ordered the technology giant… Read More

Another Scampaign? SmartTracker 2 Goes Dark on Indiegogo

Question: What do the following have in common? Smart Tracker 2 Smart Tracker Swiss White Teeth Last Crime Answer: They are each crowdfunding projects on Indiegogo involving a Mr. Julian Buschor. Another fun fact regarding the above campaigns, none of the promised rewards have delivered for… Read More

Double Fine’s Tim Schafer Discusses “Psychonaut 2’s” Future During Reddit AMA

Earlier this week, Double Fine boss, Tim Schafer, took to Reddit to discuss the future of the developer’s highly anticipated video game, Psychonauts 2. The game captured $3.8 million through its crowdfunding campaign on Fig. During AMA chat, Schafer stated: “The story for Psychonauts 2 is something… Read More

Divinity: Original Sin 2 Surpasses $1.5M on Kickstarter; Announces New Canadian Team, AMA, TwitchCon, & Single Player Mode

With less than a week until its Kickstarter campaign comes to an end, highly anticipated game Divinity: Original Sin 2 has successfully secured over $1.5 million. Divinity: Original Sin first hit the crowdfunding platform in spring 2013 and is described as an Isometric cRPG that can be played in single-player mode or cooperative… Read More

Unlicensed Animated “Zelda” Series Hits Kickstarter; Has Yet to be Shutdown by Nintendo

In an effort to bring a fan favorite video game to the small screen, Salt Lake City’s Aeipathy Industries has launched a Kickstarter to raise funds for an unlicensed Zelda animated series, Zeldamotion. Since its establishment in 2011, Aeipathy Industries has a variety of projects under development… Read More

“Shenmue” Series Creator Yu Suzuki Confirms During Reddit AMA: “Shenmue IV” Depends On the Success of “Shenmue III”

Taking time away from his record-breaking Shenmue III Kickstarter campaign, creator of the franchise, Yu Suzuki, conducted a Reddit AMA over the weekend to chat about the upcoming game. Shenmue III surfaced on the crowdfunding giant just a week ago and gained over $3 million in… Read More

UPDATED: Scampaign Alert: Beware of Crowdfunders Re-Labeling Already Made Products

Recently we have had discussions with several people about a problematic issue with rewards based crowdfunding.  Some campaign creators may be finding products on Alibaba, repackaging them and launching crowdfunding campaigns posing as new creations.  Is this illegal?  Probably not. Is it wrong. Yes – definitely…. Read More

Update: Kickstarter-Suspended anonabox Project Lacks Support on Indiegogo; Raises Only $29,000 in Two Weeks

Earlier this month, creator of the infamous tor hardware router anonabox, August Germar, turned to Indiegogo to raise funds for the project after dealing with some drama (and suspension) on the platform’s competitor Kickstarter. While it had a great start on Indiegogo, and even raised its… Read More

Former Kickstarter Project anonabox Makes Its Way to Indiegogo; Promises New Tor Hardware Router Features

Just when everyone was getting over anonabox’s crowdfunding campaign controversy on Kickstarter, the plug-in tor hardware router has unveiled new campaign on the global platform’s competitor, Indiegogo. As previously reported, Kickstarter shut down anonabox’s campaign after backers began to called foul on the project through Internet community, Reddit, when its creator, August… Read More

Online Community Reddit Launches New Crowdfunding Platform

Reddit, the online community and self-dubbed “front of page the Internet,” announced a new crowdfunding platform, known as Redditmade, on Wednesday morning (October 29th). According its recent post, Redditmade is described as a new place to turn the best designs and products by the community into reality…. Read More

Actress Gillian Anderson: We Could Crowdfund A Third “X-Files” Film

Gillian Anderson believes the truth is still out there! While chatting with Bloomberg TV about her new book, A Vision of Fire, The X-Files beauty revealed that crowdfunding might help bring the show’s third film to the big screen. Anderson, who appeared on the hit series from 1993… Read More

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