• Huobi, Binance Steemed at Justin Sun Hive Takeover
    Alt coins,  Cryptocurrencies,  People

    Huobi, Binance Steemed at Sun

    The two cryptocurrency exchanges that Tron CEO Justin Sun suckered into supporting his abortive ‘hostile takeover’ of Steem are helping boot him off the blogging platform

    Actually, it’s more like Binance and Huobi are helping the Steem community abandon Sun. On March 17, leading Steem developers and community members announced Hive, a hard fork of the social blogging platform’s blockchain designed with one goal: to recreate Steem without the 65 million STEEM tokens (and their 20% governance vote) Sun received when he acquired blockchain developer Steemit.

  • Justin Sun
    Alt coins,  Cryptocurrencies,  Technology

    Steamed Steem supporters strike Sun

    Justin Sun’s ‘hostile takeover’ of the Steem blogging site backfired, with many Steemers and developers planning to migrate to Hive, a hard fork that could cost Tron its investment

    On March 17, a group of Steem community members and developers announced that Hive, a hard fork of the Steem blockchain, will take place on March 20. All STEEM token holders will receive an identical amount of Hive tokens—excluding the roughly 20% of outstanding STEEM Tron CEO Justin Sun acquired when he bought Steemit, the developer of the Steem project.

  • Welcome to fear itself FDR
    Cryptocurrencies

    Welcome to fear itself

    Quantum Economics’ Mati Greenspan says it’s too early to tell what impact coronavirus will have on cryptocurrencies like Bitcoin

    “In order to stem the spread of the coronavirus, people are taking drastic measures which are having huge implications for the global economy,” Mati Greenspan, founder of Quantum Economics, told Modern Consensus. “The global economy basically went from booming in February to grinding to a virtual halt in March. Bitcoin isn't immune to that.”

  • Celo Foundation’s Alliance for Prosperity
    Cryptocurrencies,  Technology

    Celo Foundation’s Alliance for Prosperity seeks financial inclusion

    The social impact stablecoin’s 50 supporters will build mobile dApps aimed at bringing cheaper remittances, microloans, and humanitarian aid to the poorest

    Announced on March 11, the 50-member Alliance aims to support the Celo blockchain by building a variety of mobile phone-based financial tools aimed broadly at combating poverty and inequality.