RATE Group | Canadian Miner Hive Blockchain Issues Cease and Desist to Steem Fork Hive
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Canadian Miner Hive Blockchain Issues Cease and Desist to Steem Fork Hive

23 Mar Canadian Miner Hive Blockchain Issues Cease and Desist to Steem Fork Hive

Posted at 18:10h in Cryptocurrency News by

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Canada-based company firm Hive Blockchain has announced that its legal representation is issuing a cease and desist request to the Hive community, which recently forked from the Steem (STEEM) network.

According to a March 23 press release, the mining firm believes that the new blockchain’s use of the term ‘Hive’ creates confusion around its branding — asserting that many Hive Blockchain shareholders have sought clarification as to whether the company is associated with the hard fork.

Hive Blockchain issues cease and desist to Hive community

Hive Blockchain was founded in 2013 and claims the Steem fork is benefiting from “goodwill” that the firm has cultivated within the cryptocurrency sector.

“As an early leader in the blockchain sector, we have invested significant amounts of money in developing our brand and educating the capital markets on blockchain technology and cryptocurrencies,” said Hive Blockchain’s interim executive chairman, Frank Holmes.

Holmes asserts that…

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