Reddit co-founder Alexis Ohanian has confirmed he has joined Project Liberty’s bid to acquire TikTok’s US operations with the aim of bringing the platform onto a blockchain.
Ohanian’s involvement was first reported by Reuters on March 3, with Project Liberty founder Frank McCourt announcing Ohanian would be joining as a strategic adviser specializing in social media.
“I’m officially now one of the people trying to buy TikTok US — and bring it onchain,” Ohanian confirmed in a March 3 X post.
United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million. “These increases were… Source link
