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, …

Following weeks of conflict between the Steem (STEEM) community and Justin Sun, the community-led Hive hard fork was successful. On March 20, Hive hard forked the Steem network, airdropping HIVE tokens to STEEM holders 1:1, excluding the founder’s reward. The founder’s reward comprises 20% of the total STEEM supply. The tokens were acquired by Tron’s founder, Justin Sun, when he purchased Steemit Inc — the largest front-end interface for the decentralized blogging platform — on Feb. 14. A quick search through Twitter shows that many content creators are already posting on Hive. Steempeak rebrands to Peakd Many of the Hive …

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 …

Bitcoin SV (BSV) performed a scheduled upgrade named Genesis on Feb. 3. As most nodes have not yet updated, this resulted in a minor chain split where two versions of BSV exist. As reported by BitMEX Research, the upgrade occurred at block height 620,538, or about 8:30 PM EST. The subsequent block was considered invalid by old rules, signaling the hard fork. About one quarter of all blockchain nodes are still on the old version, meaning that these cannot synchronize to the main chain. Furthermore, a chain split occurred several hours later. The old chain was extended by one block, …

Charles Hoskinson, co-founder and CEO of IOHK, the blockchain firm behind Cardano (ADA), said that he expects the coin to see a hard fork in mid-February. During a livestream on Jan. 17, Hoskinson noted that he expects Cardano’s consensus algorithm to be upgraded with a hard fork next month. He said that he has “pretty high certainty” that the Ouroboros Bizantine Fault-Tolerant Consensus Protocol (OBFT) will be implemented in mid-February: “Looks like February — at pretty high certainty — we’re going to have the OBFT hard fork occur. We’re still talking to our exchange partners about that and we just …

The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased. Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates to a 24.48% shorter block time. Chart of the Ethereum average block time March 3-Jan. 4. Source: Etherscan Obviously, the block time decrease resulted in a higher number of blocks mined daily and a higher Ether (ETH) inflation. According to Etherscan’s Ethereum block count and rewards chart, during Jan. 1, …

The Ethereum network has just completed its Muir Glacier hard fork, with the sole improvement proposal being to delay the difficulty bomb for another 4,000,000 blocks. As of press time, the majority of clients were running in sync, although according to ethernodes, the nethermind client was still having some issues, and had fallen over 150 blocks. Live client status after Muir Glacier hard fork. Source: ethernodes Upgrade comes hot on the heels of Istanbul The Muir Glacier hard fork comes less than a month after the previous Istanbul upgrade on Dec. 7. In fact, the latest hard fork only became …

Major cryptocurrency exchange Binance will suspend Ether (ETH) deposits and withdrawals to support the recently announced Ethereum network Muir Glacier upgrade. In a Dec. 30 blog post, Binance said that deposits and withdrawals will be suspended on the platform prior to the Ethereum network block height of 9,200,000 selected to execute the upgrade. Ether trading will not be affected While ETH trading will not be affected during the upgrade, deposits and withdrawals will be reopened once Binance deems the upgraded network to be stable. Binance noted that it will not make a separate announcement about the resumption of deposits and …

The upcoming Ethereum Classic (ETC) Agharta hard fork will include features of the Ethereum (ETH) Constantinople fork and intends to make ETC fully compatible with Ethereum. In a press release shared with Cointelegraph on Dec. 26, ETC Labs further confirmed its intention to ensure full compatibility between ETC and ETH, as the coming Agharta update is expected to create backward compatibility between the two networks. ETC Labs CEO Terry Culver told Cointelegraph: “Agharta is the first of several exciting upgrades scheduled for the next year. In 2020, ETC is poised to collaborate, innovate, and grow.” In the press release, Culver …

Blockchain platform Nuls has lost almost $480,000 worth of NULS tokens due to a hack, according to a security update tweeted on Dec. 22. In its tweet, Nuls said it had detected that 2 million tokens had been transferred, of which 548,354 tokens — worth roughly $131, 600 — had entered the trading market and were now untraceable. Mandatory hard fork upgrade to be released ASAP In response to the theft, Nuls has decided to hard fork the blockchain at block height 87,800: “After the hard fork, the remaining 1451645.65303905 NULS that has not entered the trading market will be …

Digital currency management company BitGo has told users to move or convert funds they hold in altcoin Bitcoin SV (BSV) due to a compatibility problem. In a blog post on Dec. 18, BitGo said BSV’s upcoming hard fork, known as Genesis, contained a protocol change which would mean its wallets will be unable to receive transactions. BitGo warns of BSV “deprecation” The hard fork is set to occur in February 2020. After that time, BitGo users will only be able to spend remaining BSV tokens, not accept incoming transactions. Describing the event as “deprecation,” the company advised users to move …