Reddit Plans to Take Bitcoin Once Again—Along With Litecoin and Ethereum
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Coinbase has made Earn CEO Balaji Srinivasan its chief technology officer.
A month-and-a-half after dropping its support for Bitcoin, Reddit is hoping to double down on cryptocurrencies.
Chris Slowe, chief technology officer for the site, which is one of the most active hubs of Bitcoin enthusiasts, told Cheddar it was Coinbase’s migration to a new platform that led to the Bitcoin ban in late March, but ongoing site changes at Reddit should allow it to accept crypto payments again.
“We just didn’t have time to upgrade our current API integration, and once the redesign…is landing … I think we’ll see crypto payments come back,” he said.