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The native tokens of Reddit’s r/CryptoCurrency community, Moons (MOON) and Bricks (BRICK) have recorded an impressive triple-digit price gain this week following an announced change in Reddit’s terms of service . The cryptocurrency Moons (MOON) associated with Reddit’s r/CryptoCurrency community, which boasts over 6.5 million members, has witnessed a significant price increase since July 16 around 1 pm EST. Coingecko data shows a 358% rise in the value of Moons, from $0.09 to nearly $0.45. Moons are ERC-20 tokens that Reddit awards to users for their contributions to the r/CryptoCurrency subreddit through posts or comments. These tokens can be traded, tipped, or used within the community for various purposes. They can also be stored in Vault, Reddit’s Ethereum (ETH)-based wallet. I don't see CT talking much about Reddit's Community Points so I want to share some observations since the tokens increased by >100% yesterday. There are 2 fungible t...

Join Our Telegram channel to stay up to date on breaking news coverage The market for cryptocurrencies may be highly unpredictable. A given token’s value might change drastically, frequently without prior notice. However, the recent asset recovery by FTX of $7.3 billion following the case has led to predictions from several analysts of a future bull run for FTT. In this post, we’ll look at how FTX’s lawyer played a part in the recovery process and how the company is still a dangerous investment. FTX’s Asset Recovery and the $7.3 Billion Lawsuit FTX revealed in 2022 that its ex change had applied for bankruptcy protection after losing control of its assets. It happened due to a significant security breach that led to the loss of multiple coins. All these led the world’s eyes to focus on FTX. Sam Bankman-Fried, a co-founder of FTX, was accused of several civil and criminal offences, including defrauding investors. According to its lawyer, FTX has...