• Maker Foundation to dissolve
    Alt coins

    ‘Completely pointless’ Maker Foundation to dissolve

    New proposals seek to turn MakerDAO into a truly decentralized, self-sustaining organization, ending a vicious cycle of ‘urgency, apathy, distraction, and denial’

    MakerDAO founder Rune Christensen unveiled proposals yesterday that will effectively cause what he believes has become a “completely pointless” Maker Foundation to dissolve over the next few years, allowing the decentralized autonomous organization live up to its name.

  • Kathleen Breitman
    Alt coins,  Cryptocurrencies,  People,  Technology

    Tezos to settle $232 million ICO lawsuit

    Plaintiffs have been seeking up to $25 million in damages amid allegations that the Tezos initial coin offering was an unregistered securities sale

    The Tezos Foundation announced on March 20 that it has entered into a settlement concerning a consolidated class action lawsuit worth $25 million.

  • 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.