• Huobi, Binance Steemed at Justin Sun Hive Takeover
    If you think Justin Sun was sick after the "kidney stone" attack that delayed his $4.6 million lunch with Warren Buffet, imagine how he'll look if his Steemit purchase becomes worthless (Photo: Twitter).
    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

    March 19, 2020 /

    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.

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  • Justin Sun
    Justin Sun had big plans for Steem. (Photo: Youtube ©Tron Foundation)
    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

    March 18, 2020 /

    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.

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