Source: STEEMUSD Chart by TradingView
Steem is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest.
Steem community fights Justin Sun with hostile hard fork, catalyzing massive volatility
The Steem blockchain has seen its fair share of controversy over the past several weeks, which all began after the Justin Sun-led TRON acquired Steemit in mid-February.
Top Steemit employee resigns following TRON acquisition; is this the beginning of the end?
Steem has been having a rough past few weeks, with many of its problems seeming to arise in the time following the Justin Sun-led TRON’s acquisition of Steemit in mid-February.
Big exchanges conduct a “hostile takeover” of Steem blockchain following TRON acquisition
Massive exchanges have long been a major point of centralization within the crypto industry, with this being further confirmed by recent actions reportedly taken by some major exchanges to pose a “hostile takeover” of the Steem blockchain using stakeholders’ deposited tokens.
Steemit is the latest company to be acquired by TRON, but investors aren’t enthused
The Justin Sun-led blockchain company TRON has been on a spending spree, acquiring major blockchain companies and announcing a plethora of notable partnerships in an effort to craft utility around their blockchain and subsequently provide value for the TRX token.
Founder and CEO
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