Justin Sun’s BitTorrent to Acquire Esports Platform for New Streaming Ecosystem

BitTorrent is going through another transformation. Announced Thursday, the peer-to-peer platform plans to acquire blockchain-based esports streaming service DLive.tv, which will be migrated – along with existing BitTorrent services – into a newly formed entity, BitTorrent X. DLive was selected as part of BitTorrents’ attempt to pivot its core business model into one that offers […]

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Steem Hard Fork Confiscates $6.3M, Community Immediately Takes It Back

The Steem blockchain has just split, or hard forked, controversially seizing the tokens of key community members who opposed TRON’s recent acquisition of the ecosystem’s biggest dapp, Steemit. At 14:00 UTC on Tuesday, Steem implemented hard fork 0.23, significantly codenamed “New Steem,” shunting some of the former Steem “witnesses” – blockchain validators – and stakeholders […]

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Blockchain Bites: Coinbase and BlockFi Do Some Major Hiring, Tron Said to Get Coronavirus Relief

It’s all about labor. Justin Sun’s Tron platform claims to have applied for and received a $2 million pandemic relief loan intended for small businesses. Coinbase has scooped up employees from the now-defunct TokenAnylist startup while BlockFi has poached two executives from Credit Suisse and American Express to join its lending firm. Here’s the story: […]

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