Tuesday, September 2, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Common Crypto Subreddits Be a part of Protest On Reddit

by SB Crypto Guru News
June 12, 2023
in Crypto Updates
Reading Time: 3 mins read
0 0
A A
0


A mess of sub-communities on Reddit, together with outstanding crypto-related subreddits, have collectively agreed to briefly make their content material personal for a interval of 48 hours. This protest is in response to new firm insurance policies that limit the utilization of third-party purposes on the platform.

The unified motion goals to specific dissent and lift consciousness concerning the perceived limitations imposed by these insurance policies. As a method of expressing their dissatisfaction, a lot of subreddits, together with well-liked ones like r/gaming, r/aww, r/Music, r/todayilearned, and r/pics, have determined to go offline for some time.

A number of well-liked crypto-focused communities have additionally joined in, together with subreddits comparable to r/Bitcoin, r/CryptoCurrency, and r/cardano because the protest now includes a complete of three,489 subreddits. Between them, these communities boast tens of thousands and thousands of members.

Motive Behind The Ongoing Reddit Protest

The vast majority of these communities expressed their issues concerning the social media platform’s determination to develop native moderator instruments, because it immediately impacts the group’s capability to make the most of third-party instruments which are broadly relied upon for content material moderation and interactions.

In April, the social media platform made an announcement concerning its intention to make modifications to the Reddit Knowledge software programming interface (API).

Associated Studying: Enterprise Agency Andreessen Horowitz To Open 1st UK Workplace Amid Crypto Scrutiny In US

This API, which has been in existence for seven years, serves as a platform for builders to create instruments and utilities that facilitate actions comparable to moderation and different features. The proposed modifications aimed to redefine how customers have interaction with the Reddit Knowledge API.

A put up from the subreddit r/Save3rdPartyApps said:

Some will return after 48 hours: others will go away completely except the difficulty is sufficiently addressed since many moderators aren’t in a position to put within the work they do with the poor instruments out there by means of the official app.

In response to this upcoming change, many communities have chosen to both go personal or swap to read-only mode from June 12 to June 14 as a type of protest.

The deliberate modifications to the social media platform’s insurance policies will end in important charges for “premium entry,” which might have a detrimental influence on well-liked third-party purposes like Apollo.

Apollo presents customers a customizable interface for searching the positioning. In response to Christian Selig, the developer of Apollo, these new charges imposed by Reddit would require the app to cost roughly $5 (£4) per person monthly simply to cowl the bills.

Apps like Apollo, Reddit is Enjoyable, Sync, and ReddPlanet have been initially created as alternate options for customers to entry the social media platform on their cell gadgets. These third-party apps have been established earlier than the platform launched its official cell app in 2016.

As a part of its preparations for an preliminary public providing (IPO), the platform has launched a brand new coverage requiring builders to pay $12,000 for each 50 million API requests. For the developer of Apollo, this implies an estimated annual value of $20 million to make the most of Reddit’s APIs.

Reddit CEO Steve Huffman has supported the platform’s determination by emphasizing the significance of being a “self-sustaining enterprise.” He acknowledged the necessity for the platform to determine a sustainable monetary mannequin that ensures its long-term viability and development.

He mentioned:

We respect it while you and your communities take motion to spotlight the belongings you want, together with, at occasions, going personal.

Reddit
Bitcoin was priced at $25,800 on the one-day chart | Supply: BTCUSD on TradingView

Featured Picture From Unsplash, Chart From TradingView.com



Source link

Tags: Bitcoin NewsCryptoCrypto NewsCrypto UpdatesjoinLatest News on CryptoPopularprotestRedditSB Crypto Guru Newssubreddits
Previous Post

What’s occurring behind the scenes of June’s huge miner outflow?

Next Post

BOCI and UBS Accomplice to Situation First Tokenized Safety in Hong Kong

Related Posts

Is GCUL an ‘XRP Killer’? Critics Question Google’s Centralized Blockchain

Is GCUL an ‘XRP Killer’? Critics Question Google’s Centralized Blockchain

by SB Crypto Guru News
September 2, 2025
0

While some have dubbed Google Cloud Universal Ledger an “ XRP killer,” critics remain skeptical, arguing that its centralized control...

Solana ETFs Are Following Hot On XRP’s Tail — Here Are The Latest Updates

Solana ETFs Are Following Hot On XRP’s Tail — Here Are The Latest Updates

by SB Crypto Guru News
September 1, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The race to bring Solana exchange-traded funds...

EU Watchdog Warns Tokenized Stocks Could Mislead Investors: Report

EU Watchdog Warns Tokenized Stocks Could Mislead Investors: Report

by SB Crypto Guru News
September 1, 2025
0

The European Securities and Markets Authority (ESMA) has raised concerns about the potential for investor misunderstanding associated with tokenized stocks....

 Billion WLFI Token Goes Live Listed on Top DEXs

$27 Billion WLFI Token Goes Live Listed on Top DEXs

by SB Crypto Guru News
September 1, 2025
0

Key Takeaways:WLFI token officially launches with a massive 27 billion supply now live on Ethereum, Solana, and BNB Chain DEXs.Trump...

Ukraine Tests ‘Diia’ to Simplify Access to Public Services

Ukraine Tests ‘Diia’ to Simplify Access to Public Services

by SB Crypto Guru News
September 1, 2025
0

Enjoyed this article? Share it with your friends! Ukraine has rolled out a new artificial intelligence (AI) support tool on...

Load More
Next Post
BOCI and UBS Accomplice to Situation First Tokenized Safety in Hong Kong

BOCI and UBS Accomplice to Situation First Tokenized Safety in Hong Kong

Institutional Traders Let Go of 7,000,000 in Crypto After Eight Consecutive Weeks of Promoting: CoinShares

Institutional Traders Let Go of $417,000,000 in Crypto After Eight Consecutive Weeks of Promoting: CoinShares

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.