Reddit has launched Ethereum-based tokens on the r/cryptocurrency and r/FortniteBR subreddits. The tokens were launched to incentivize the creation of “quality posts and comments,” and can be used to buy premium features or measure users’ reputation within a community.
Non-custodial cryptocurrency trading platform dYdX has launched a decentralized market for bitcoin perpetual swaps.
Binance has frozen $27,000 worth of ether associated with the Upbit hack of late 2019. The exchange’s CEO said it will work with Upbit and law enforcement to investigate the transaction.
Top stories in the Crypto Roundup today:
- Reddit Launches Ethereum tokens for Cryptocurrency and Fortnite Communities
- dYdX Rolls out Decentralized Market for Bitcoin Perpetual Contracts
- Binance Freezes $27,000 Associated With the Upbit Hack of Late 2019
At the time of writing, bitcoin (BTC) is trading at $9,535.39 (7.39%) with a daily Top Tier volume of $5.38 bn. As for ether (ETH), it is trading at $200.30 (5.42%) with a daily Top Tier volume of $998.13 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 2,997.37 (1.96%).