Worst Performing Coins in the Top 100 – 2020 Edition

Good Year for Most, Rough for Some 2020, so far, has been a sort of balanced year for cryptocurrencies. One might have expected the pandemic would slow things down, especially with the market crash we saw in March, but that hasn’t been the case so far. Overall, the market has done pretty well with constant stability, increasing user base, and growing innovation. But the same isn’t the case for all of the networks out there. While most enjoyed the increased…

Steem Hardfork: 65 Accounts to Lose 5 Million, Crying Foul of a “Hostile Takeover”

65 Steemit Users to lose approximately $5 million in scheduled Steem Hardfork Hardfork scheduled for May 20, 2020, to cut out malicious hackers and move on Affected members file lawsuit against hardfork Sixty-five Steemit users stand to lose their STEEM investment amounting to 5 Million, after the Steem Hardfork is carried out on May 20, 2020. This is following allegations of intentional sabotage during and after the recent HIVE hardfork that resulted in Hive Blockchain. The affected users have come…

Steemit: The Best Social Platform For Crypto Enthusiasts?

There is an overwhelming increase in the number of different social media platforms to choose from. Let's face it; there is a good chance that you have an account on either Twitter, Facebook, or Instagram. Now, do you remember how challenging it was to get around when you were new to the platform? Getting acquainted with a new social media platform becomes even more profound when looking at the niche-based social media platforms. The crypto niche has come up with…

Steem Developers and Community Collaborate in Launching Hive Blockchain

On March 18, 2020, Steem developers and community announced the launching of Hive a DPOS governance blockchain. The Blockchain is a hard fork from Steen's source code. According to the announcement, the launch is scheduled for March 20. At the same time, Binance affirmed its support for the project in a Match 18 Blogspot. Hive's developer team consists of over thirty developers, end-users, and business people. They are brought together by the drive to renew Steem's codebase and expand Hive Blockchain's…

Steemit Joins with Tron Foundation to Migrate Its Blockchain to TRON Network

Tron Foundation is now a partner with Steemit, leading blockchain-based blogging and social networking website. The partnership purposes of offering its network for Steemit services. Both companies, Steemit and other Steem blockchain-based decentralized applications (DApps) partnership and the Tron blockchain, were announced on February 14. Giveaways to current TRX users with the new Tron-based STEEM token and a new accelerator program for the developer community is ongoing. Migrating to the Tron Network Old Steem tokens (STEEM) token will also move…