Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets on April 21. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Steem (STEEM), TrustSwap (SWAP) and 0x (ZRX). Binance lists STEEM The community-focused blockchain network Steem is the underlying chain for the social media platform Steemit, …

Daniel Larimer, former chief technology officer of Block.one and a co-founder of Block.one and Steemit, has revealed his next project, called Clarion. The project is meant to become a mobile-first decentralized social media platform, supporting all types of social features like personal messaging via text and video, publishing content to followers or having Discord-like voice chat rooms. According to Larimer, Clarion “learns lessons from other projects,” including the initial idea for Steemit and Voice, two social media projects he launched or backed. According to him, the two previous attempts at decentralized social media were “logically centralized” and required “all full …

Hashgraph has partnered with the Chopra Foundation to develop a mental health platform that they hope will scale to 1 billion users within five years. The platform's initial focus will be on suicide prevention, though they hope to eventually turn it into a broader mental wellbeing network. According to the press release, the "Never Alone Initiative" will "serve a global community, delivering secure access to scientific research, the work of mental health and wellness experts, and pragmatic tools and practices for everyday use." We asked Hashgraph CEO Mance Harmon whether the fact that Deepak Chopra has been accused of promoting …

Speaking at the Virtual Blockchain Week (VBW), Tron founder Justin Sun presented his side of the recent events involving Tron’s "partnership" with Steemit Inc, and the subsequent hard fork that resulted in Hive (HIVE) forking away from Steem (STEEM). During February, it was reported that Justin Sun had acquired Steemit Inc alongside the platform’s founder’s reward of 20% of the total STEEM token supply. In response to the purported acquisition, the Steem community moved to initiate a fork to freeze the reward. Sun rejects the narrative of Tron "acquiring" Steemit Inc At VWB, Sun stated that he does not think …

The price of Hive (HIVE), a hard-fork of Steem (STEEM), has skyrocketed following its listing on Huobi. The listing comes one month after Huobi and Binance mobilized customer funds to vote against the Steem community in favor of an apparent hostile takeover of the network, led by Tron founder and recent owner of Steemit, Justin Sun. However, the exchanges claimed that Sun had misrepresented the nature of the event that they were voting on, and quickly withdrew the votes. Shortly after, Huobi announced it would be distributing HIVE tokens to STEEM holders after the hard fork. Huobi listing sparks HIVE …

Major Steem stakeholder Dan Hensley has levied heavy accusations at TRON founder and CEO Justin Sun. According to Hensley’s April 8 writeup, Sun “bribed” his way to the top of the Steem hierarchy with “money, power and users.” As Cointelegraph reported in early March, Steem was the subject of what many supporters deemed a hostile takeover by Justin Sun. Hensley’s latest allegations shed new light on how the TRON founder allegedly influenced prominent Steemians into doing his bidding. A TRON representative declined to comment on this story. In a conversation with Cointelegraph, Hensley described Sun’s intention to circumvent established community …

Over the past few days, the ex-Steem blockchain community has gained an upper hand over Justin Sun and his recently acquired Steemit startup. After blaming Sun for attempting to centralize their network, a substantial part of the original Steem community successfully launched a hard fork called Hive. Steem stakeholders are now actively migrating to the new chain. Its in-house token HIVE, which has been distributed among STEEM holders via an airdrop, is trading for a 20% premium over STEEM on some exchanges. Nonetheless, the network split hasn’t been without incident, as some complaints regarding the airdrop distribution were reported. What …

After successfully forking from the Steem blockchain, Hive (HIVE) secured a listing on Bittrex — where it is trading for a 20% premium over Steem (STEEM). In a blow to Justin Sun, the cryptocurrency market appears to have chosen which chain it believes to be more valuable after Hive forked off from Steem on March 20. HIVE trades for 20% premium over Steem On Bittrex, HIVE is currently trading for $0.193, while STEEM is changing hands for roughly $0.154 on the same platform. HIVE’s 24-volume on Bittrex of $28,500 equates to 60% of Steem’s $49,500. In just a few days, …

The Steem (STEEM) blockchain community continues to oppose Steemit in the wake of the recent “takeover” orchestrated by Justin Sun, the startup’s new owner. On March 18, “a large group of Steem community members” announced its intention to hard fork the Steem blockchain and create a new platform called Hive. The network split that was scheduled for Friday, March 20, successfully took place at around 10.30AM CET, and the market already seems to be reacting to the news, as the price of STEEM token decreased by over 20% to around $0.23 as of press time. Hive is an exact code …

In the latest development in the Steem (STEEM) saga, Justin Sun has come under fire for censoring posts on the platform related to the community-driven ‘Hive’ hard fork. On March 19, cryptocurrency influencer Girl Gone Crypto Tweeted a clip to say that her “neutral explainer video” about the March 20 fork had been removed from the Steemit platform: “I made a really neutral explainer video just kind of walking through the announcement, and what’s happening, and what people can expect, and that post was just removed from Steemit.com. What’s really ironic about this is that centralization issues and censorship concerns …

Major cryptocurrency exchanges Binance and Huobi have announced support for the Steem (STEEM) community’s hard fork to create the new Hive network. On March 18, Binance and Huobi published announcements revealing their support for the Steem hard fork that is scheduled for March 20. The decisions appear to quash allegations from earlier in the month that the exchanges were coordinating with Justin Sun in his apparent attempted takeover of the Steem network. Binance and Huobi support Hive hard fork Both exchanges will take snapshots of STEEM account balances at 2 PM UTC, and both exchanges will suspend STEEM deposits and …

Cryptocurrency exchange Binance has officially apologized to the Steem community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed that it “stays neutral and has no interest in on-chain governance beyond the Binance ecosystem.” Binance also provided records of its powering down of all the 31,730,000 STEEM tokens it had staked in support of Justin Tron’s allegedly “hostile takeover” of the blockchain. Steem vs. Tron controversy: the backstory Binance’s letter comes following a stand-off earlier this month between members of the Steem community and Tron CEO Justin …