Dogecoin becomes second largest PoW cryptocurrency

Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network’s proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of Dogecoin’s market cap of $7.83 billion, though the well-followed memecoin is still comfortably ahead of the third place PoW cryptocurrency Ethereum […]
Getting Shibby with it: SHIB burning portal launches

Popular memecoin project Shiba Inu (SHIB) has launched a SHIB Burn Portal to decrease token supply and enable users to earn passive rewards while doing so. The Shiba Inu team stated on the portal website that it was created explicitly to increase scarcity of SHIB and make it “one of the best digital assets in […]
New funding round sees Reddit gain $4B in valuation since February

Popular social media platform Reddit has gained $4 billion in value since its last funding round earlier this year in February. Six months ago the firm raised $250 million in Series E funding at a valuation of $6 billion. In the latest move, Reddit announced a Series F funding round on Aug. 12 — which […]