The TRON founder Justin Sun, who recently bought Steemit, would have too much power: Would it start the centralization within the community? 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 […]
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Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed […]
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Check the bad crypto news of the past week. So, how high is Bitcoin about to go? Analyst Willy Woo thinks it’s going to hit $135,000. It’s a “common-sense prediction” he told RT’s Keiser Report. Tim Draper is betting even higher. The venture capitalist has moved his money out of the stock market (too “frothy”) […]
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Binance CEO Changpeng Zhao takes issue with Justin Sun’s characterization of the Steem takeover as an ‘upgrade’. 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 […]
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In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand. The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms […]
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David Burkett, a developer working on Litecoin and Grin, has predicted that Litecoin will launch its MimbleWimble testnet before the end of summer. On March 1, David Burkett, a developer working on cryptocurrencies Grin (GRIN) and Litecoin (LTC), estimated that privacy protocol Mimblewimble will see a Litecoin testnet release before the end of summer. In […]
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Huobi has posted a statement admitting that it used customer funds to vote with Justin Sun in a bid to remove Steem’s blockchain validators. Four former witnesses have been voted back onto the council of 20 nodes that underpin the Steem blockchain. Their reinstitution follows the withdrawal of votes from major exchanges Binance and Huobi […]
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Binance has reversed its vote in what appeared to comprise a coordinated move to take over the Steem blockchain to the benefit of Tron’s Justin Sun. On March 3, Binance CEO Changpeng Zhao announced that the exchange had removed its votes that contributed to a sudden shift of control over the Steem blockchain. Earlier today, […]
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Steemit’s managing director says the new partnership with Tron will help grow the platform and that the soft fork resulted from quick reactions to the changes. In an interview with Cointelegraph at Tron’s San Francisco office on Feb. 25, Steemit Managing Director Elizabeth Powell expressed enthusiasm regarding the new strategic partnership between Tron and Steemit. […]
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What else will be interesting to follow in 2020 Alexander Zaidelson, CEO of Beam I am trying to follow general technology topics and also global politics. Developments in the larger world outside crypto community are bound to influence our industry in many ways. Whale Alert I try to follow a lot of different topics, but […]
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