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Reddit’s Blockchain Rewards Will Migrate to Ethereum by 2021

The popular social blogging platform Reddit has confirmed that its tokenized rewards will migrate onto the Ethereum blockchain later this year.On May 13, Reddit officially revealed its Community Points system, announcing that the feature would be rolled out over two days across “limited communities.”However, the rewards system will operate on

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Hive Continues Independence Push as Steem Stakeholders Migrate to New Chain

Over the past few days, the ex-Steem blockchain community has gained an upper hand over Justin Sun and his recently acquired Steemit startup. After blaming Sun for attempting to centralize their network, a substantial part of the original Steem community successfully launched a hard fork called Hive. Steem stakeholders are

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Crypto Lending Platform Cred to Migrate Tokens to Binance Mainnet in New Partnership

Major crypto exchange Binance has partnered with decentralized crypto lending platform Cred to bring its services to the Binance ecosystem, according to a press release published on May 29.As part of the agreement, Cred will migrate some of its ERC-20 LBA tokens to Binance’s mainnet, Binance Chain, and become

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Social Media Platform Mithril Becomes Purported First to Migrate to Binance Chain

Decentralized social media platform Mithril (MITH) has adopted the Binance Chain, the mainnet of the leading cryptocurrency exchange Binance. The development was announced by Mithril in a blog post published on April 18.With the step, Mithril — a social media platform that rewards content creators with its native token

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Blockchain-Powered Job Marketplace Platform to Migrate 700K User Profiles to Eos

Blockchain-powered freelancers marketplace Moonlighting is set to migrate its 700,000 user accounts to Eos (EOS) developer Block.one’s Eos.io protocol. The development was announced in a press release shared with CryptoX on April 11.Moonlighting’s move comes as part of a new strategic partnership with Block.one’s venture capital fund Eos VC

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