Steemit Archives - FortuneZ

Steem Community Sues Bittrex Seeking $16 Million

August 19, 2020

The fight between Tron and the Steem community has taken another twist as the key members of the latter have filed a lawsuit against Bittrex for unexpectedly receiving deposited tokens on the crypto exchange....

YouTube Temporarily Bans Crypto Channels Over Alleged Policy Breach

March 12, 2020

Google-owned video sharing platform YouTube has temporarily banned the channels of two cryptocurrency content creators over alleged policy breaches. According to both content creators – “Ivan on Tech” and “T...

Binance Apologizes For Its Role In Justin Sun’s Steem Takeover

March 11, 2020

Leading cryptocurrency exchange Binance has published a letter to the Steem community, apologizing for playing a part in what has been deemed a “hostile takeover” of the cryptocurrency’s blockchain. In the l...

Justin Sun Defends Steem Takeover After ‘Hackers’ Freeze 65 Million Tokens

March 3, 2020

TRON founder Justin Sun has, according to blockchain data, seemingly executed a hostile takeover of the Steem blockchain with the help of major cryptocurrency exchanges. The move was made shortly after TRO...

Steemit Moves To Limit Justin Sun’s Influence After Its Acquisition

February 26, 2020

Justin Sun, the founder of TRON, has announced he was going to acquire Steemit earlier this month, and shortly after those currently running the Steem blockchain executed a soft fork to limit his voting inf...

A New Partnership – Steemit Migrating to TRON Blockchain

February 15, 2020

Steemit has entered an extensive strategic partnership with the TRON Foundation. Though TRON is not calling the change an acquisition, it seems that the result will be the same. According to a Medium post pu...

TRON Ecosystem Onboards Blockchain Social Network Steemit

February 14, 2020

Steemit, the decentralized social media platform rewarding users for their work with cryptocurrency, announced that it would be migrating to the TRON (TRX) blockchain. Steem operates a social media network c...

Decentralized Social Media Platform Steemit Unveils 2017 Blockchain Changes

January 18, 2017

Steemit, the decentralized social media platform rewarding users for their work with cryptocurrency, has unveiled a roadmap for 2017 detailing upcoming improvements to the company’s structure, its blockchain,...

Decentralized Social Media Platform Steemit Completes Hardfork

December 13, 2016

Steemit, the decentralized social media platform rewarding users for their work with cryptocurrency, has completed a hardfork to modify the economic model and enhance investor accessibility. The move, which ...

Steemit Tweaks Rewards Model to Attract New Users and Investors

November 29, 2016

Good news for anyone concerned with finding alternative social media platforms. It seems the need for diversity is becoming clear to more people than ever these days, when the dangers of reliance on just a fe...