Trending Blockchain Social Media News #9 : September 9th, 2018

in socialmedia •  2 months ago

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Japanese Social Media Giant LINE Launches Cryptocurrency, DPoS Blockchain

"...Japanese social media company LINE is doubling down on its bet that cryptocurrency has a bright future. The publicly-traded LINE announced on Friday that it has launched its own cryptocurrency, named “LINK,” complete with an independent blockchain designed to serve as a platform for decentralized applications (dApps)...."

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Jack Dorsey: Twitter Is Considering the ‘Untapped Potential’ of Blockchain

"...Twitter CEO Jack Dorsey testified before a Congressional committee Wednesday, September 5 that the company is exploring blockchain technology for potential application. Dorsey answered questions during a hearing on Twitter transparency and accountability held in the U.S. House Committee on Energy and Commerce...."

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Steemit Feels No Need To Disrupt Facebook

"...“It would be impossible for Steemit to beat Facebook. There is no need to do so. We have a different target audience,” Cho said. He also downplayed the possibility of Facebook adopting this kind of reward system for users, citing the possible opposition from its shareholders..."

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Randi Zuckerberg Joins Huobi’s Public Blockchain Advisory Committee

"...Randi Zuckerberg, the elder sister of Facebook founder Mark Zuckerberg, has joined the advisory board of cryptocurrency exchange Huobi to develop Huobi’s new public blockchain, according to a recent press release. Zuckerberg, who worked at Facebook for over six years, is also the founder and CEO of Zuckerberg Media..."

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STEEM Technical Analysis: Support Holding...For Now

"...Zooming out on the 1 week chart, we can see price has been operating within a larger wedge for over 1 year. STEEM has been testing the support on that wedge for a couple weeks now. So far, it’s holding up well..."

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