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r/Ripple
352k members
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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r/ethtrader
2.2m members
Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
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r/CryptoCurrency
5.5m members
The leading community for cryptocurrency news, discussion, and analysis.
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r/RippleTalk
12.8k members
Never miss the news about Ripple(XRP), The Home of latest free and open Ripple news, discussions and much more, You will never miss the news about Ripple anymore
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r/RippleScam
1.0k members
This is the Subreddit that exposes the Ripple Scam. Ripple Inc is a private company, which still owns more than 50% of all XRP, and continues dumping them on gullible bagholders. That's the definition of security scam. On top of that, they do this by making misleading and false claims about "utility" of XRP. This subreddit gives a platform to expose the Ripple Scam in all its forms.
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r/CryptoMarkets
1.1m members
Crypto Market Analysis & Discussion. Demand and price, technical analysis, fundamentals, Bitcoin, Ethereum, token, volume, oscillator, RSI, stochastic, trend, trends, sentiment, strategy, coin, coinmarketcap, coingecko, messari, altcoin, blockchain.
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r/dogecoin
2.3m members
The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. The much wow innovative crypto-currency.
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r/CryptoCurrencies
377k members
We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
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r/CoinBase
220k members
Welcome to r/Coinbase!
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r/FlareNetworks
10.8k members
Home of the Flare & Songbird community. Flare enables secure interoperability between chains, scaling the use of blockchain by enabling all digital assets and onchain information to flow freely.
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r/Crypto_Currency_News
181k members
News means money in the Crypto Currency world. When new coins, products or platforms are released using Bitcoin, Ethereum, Monero or any related altcoin Tokens, the price of affected products can potentially move on the news.
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r/AltStreetBets
57.2k members
Trading crypto with infinite leverage. READ THE RULES *near the bottom of this side panel
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r/btc
1.1m members
When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became a community for free and open crypto discussion. This happened long before the creation of Bitcoin Cash. Today, r/btc users can discuss any Bitcoin-related topic without fear of moderator retaliation, while r/Bitcoin and r/CryptoCurrency are still heavily censored. Over the years /r/btc became community of historians & torchbearers, preservers of Satoshi's Bitcoin for future generations.
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r/uphold
6.8k members
This is the place for discussion about the "digital money" service [uphold.com](https://uphold.com). Share posts about your experiences with Uphold, or published news regarding Uphold. Alternative crypto exchange can be found at https://hollaex.com
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r/ledgerwallet
92.7k members
Discussions about Ledger's products. Visit us @ ledger.com
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r/binance
876k members
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume.
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r/Stellar
212k members
Stellar is a decentralized protocol that enables you to send money to anyone in the world, for fractions of a penny, instantly, and in any currency. r/Stellar is for news, announcements and discussion related to Stellar. Please focus on community-oriented content, such as news and discussions, instead of individual-oriented content, such as questions and help. r/Stellar is not maintained or moderated by the Stellar Development Foundation.
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r/SafeMoon
300k members
SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow.
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r/Crypto_com
183k members
Crypto.com is the best place to buy, sell, and pay with crypto. Crypto.com serves over 50 million customers today, with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s most widely available crypto card, the Crypto.com Exchange and Crypto.com DeFi Wallet. FAQs: help.crypto.com
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r/SHIBArmy
474k members
SHIBA INU (aka SHIB) is an experiment in decentralized spontaneous community building. The SHIBA ecosystem has three official coins $SHIB, $LEASH and $BONE.
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r/BABYXRP_ARMY
673 members
BABY XRP is a token made for the community! It is Safe like a baby in a crib. Liquidity locked, Contract tested and audited, ’Ripple Effect’, and SolPunk NFT giveaways. XRP without the lawsuit. Twitter:@ Official BabyXRP Web Site:BabyXRP.org Contract: 0x8beAbaa4f025D00B4699d56a683758d692d17F20
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r/Sologenic
6.8k members
Welcome to r/Sologenic
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r/CryptoMars
142k members
This subreddit is for the analysis of risky or super low market cap cryptocurrencies with huge upside potential. • Don't share anything without proper info. • DYOR, NEVER FINANCIAL ADVICE.
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r/ExodusWallet
27.4k members
Welcome to r/ExodusWallet! This is the sub dedicated to the discussion of the Exodus cryptocurrency wallet. For official wallet support, please email support@exodus.com. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Remember: Exodus will NEVER ask you for your 12-word phrase, keys, or identifying information. Exodus will NEVER send you to another website to do any kind of updates except for our official website at www.exodus.com.
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r/solana
153k members
Welcome to the official Solana subreddit. This is a place to post any information, news, or questions about the Solana blockchain. Web-scale blockchain with speeds of 50k TPS. This subreddit is operated by the Solana Foundation.
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r/CryptoMoon
114k members
Community for Crypto, News, Market analysis and general discussion. Important: posts are NFA and always DYOR.
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r/nanocurrency
121k members
Join the conversation on Nano, an eco-friendly cryptocurrency with ultrafast transactions and zero fees over a secure, decentralized network.
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r/WallStreetbetsELITE
438k members
You have found the place. We don't moderate (much). Enjoy actual free discussion.
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r/cardano
697k members
Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
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r/UpholdOfficial
3.8k members
The official community page for Uphold: The easiest & most cost-effective trading platform for crypto and other assets, enabling 2MM+ users worldwide to buy, send & exchange #AnythingToAnything.
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Posted by13 days ago

Ethereum [ETH] has been one of the most-talked about cryptocurrencies over the past few weeks, with major updates like the Merge taking place. Apart from this, the network’s transition into proof-of-stake [PoS] has been fueling rumors about ETH being categorized as a security. Now, further strengthening this argument, the SEC in a lawsuit against crypto influencer Ian Balina claimed that ETH transactions automatically fall under the US government’s jurisdiction due to the majority of nodes being run in the country.

Balina was sued for allegedly offering unregistered tokens. He was caught in trouble after he failed to register his project as a security before rolling out an initial coin offering [ICO] in 2018. The crypto influencer outrightly denied these claims. However, the crypto community is currently speculating on SEC’s massive statement in the lawsuit. According to the 69th paragraph, the lawsuit stated that it had the right to sue Balina because the SEC had jurisdiction over the Ethereum network.

It was reported that a variety of U.S.-based investors participated in the Balina-curated investment pool. A network of Ethereum blockchain nodes further verified a number of ETH contributions. Due to this, the SEC stated,

“ETH contributors were validated by a network of nodes on the Ethereum blockchain, which are clustered more densely in the United States than in any other country. As a result, those transactions took place in the United States.”

Additionally, it should be noted that at present 42.56 percent or 3340 of the 7819 Ethereum nodes reside in the US.

Will this statement take a toll on the Ethereum network?

The Ethereum network has been dealing with immense backlash following the Merge. As mentioned earlier, some were suggesting that the network would fall under the SEC’s purview as it would now be considered a security. A few others on the other hand were taking digs at ETH’s level of decentralization.

Amidst all of this, the latest statement made by the SEC would be detrimental to the network. Even though several legal professionals noted that the complaint’s phrasing would have no legal significance, it would nevertheless be noticed.

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Posted by10 days ago
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