Cryptocurrency Analysis and News Portal
Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout.A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains
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As part of the long-running Steem drama, the Steem (STEEM) network experienced another fork today. Particularly designed to tackle “constant attack from malicious accounts,” the new hard fork doesn’t appear to have been entirely successful.Code named “New Steem” the hard fork 0.23 had two primary aims. The first was to
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The controversy surrounding Justin Sun’s handling of the Steem (STEEM) network continues to grow, with Steem moving to freeze another $5 million in tokens held by dissident Steemit witnesses and stakeholders.Network validators — called ‘witnesses’ — associated with Sun have sanctioned the move to freeze 23.6 million in STEEM tokens,
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Tensions between Steem (STEEM) and the Hive (HIVE) community continue to escalate, with Steem executing a soft fork to freeze up to 20 accounts owned by the network’s former witnesses.The frozen accounts hold 17.6 million STEEM, worth approximately $3.2 million and equating to nearly 5% of Steem’s total supply.On
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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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After successfully forking from the Steem blockchain, Hive (HIVE) secured a listing on Bittrex — where it is trading for a 20% premium over Steem (STEEM).In a blow to Justin Sun, the cryptocurrency market appears to have chosen which chain it believes to be more valuable after Hive forked
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Following weeks of conflict between the Steem (STEEM) community and Justin Sun, the community-led Hive hard fork was successful.On March 20, Hive hard forked the Steem network, airdropping HIVE tokens to STEEM holders 1:1, excluding the founder’s reward. The founder’s reward comprises 20% of the total STEEM supply. The tokens
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The Steem (STEEM) community announced its intention to create a new platform in the wake of the controversy with Justin Sun. According to a blog post published on March 18, the new platform, named Hive, will launch on March 20.The new platform will initially be launched as an exact
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Over the last few days, the centralization versus decentralization row has erupted in earnest. In case you missed it, the activities of Tron founder Justin Sun following his takeover of blogging site Steemit have been pivotal to the controversies.Let’s briefly recap. Earlier in February, it emerged that Sun was
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Binance CEO Changpeng ‘CZ’ Zhao is distancing himself from Tron founder Justin Sun over what has been described by some as a ‘hostile takeover’ of the Steem blockchain.Sun claimed that these reports were “misleading” and that “We wanted to protect the sanctity of private property & the interests of
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