Steem Community Relaunches Platform as Hive to Make It Truly Decentralized

Steem Community Relaunches Platform as Hive to Make It Truly Decentralized

The Steem community is forking away and relaunching the platform under the Hive name, as prominent members refuse to compromise with Tron’s Justin Sun. The Steem (STEEM) community announced its intention to create a new platform in the wake of the controversy with Justin Sun. According to a blog post published on March 18, the new platform, named Hive, will launch on March 20.The new platform will initially be launched as an exact code…

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Ethereum Whales Accumulate in Anticipation of ETH 2.0

Ethereum Whales Accumulate in Anticipation of ETH 2.0

Centralization of ETH among the 100 largest wallets is growing, signaling that whales are accumulating ahead of Ethereum’s ‘ETH 2.0’ revamp. Whales appear to be accumulating Ether (ETH), with the percentage of ETH supply controlled by the top 100 wallets standing near 25%.The observation was made by blockchain data analysis firm Santiment, who tweeted that the centralization of ETH among top wallets suggests that whales are accumulating.Santiment argues that the data indicates large investors…

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Crypto Exchange Binance Launches Dedicated Staking Platform

Crypto Exchange Binance Launches Dedicated Staking Platform

Major cryptocurrency exchange Binance has launched a dedicated staking platform, allowing users to earn rewards on their token deposits. Major cryptocurrency exchange Binance has launched a dedicated staking platform, according to a company announcement published on Sept. 26.The new service will enable Binance users to deposit their token holdings and earn staking rewards, but without having to set up their own nodes to fulfill minimum staking amounts and/or time lengths.Staking vs. mining cryptocurrenciesIn blockchains…

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