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

cointelegraph.com

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. Holmes asserts that Hive Blockchain “has no issue with the proposed blockchain beyond its name,” adding that the firm has no opinion on the Hive community’s dispute with Steem: “However, for legal reasons, we have no option but to seek to protect our interests, dispel the ongoing confusion and avoid any potential damage to our reputation.

Read in Full: cointelegraph.com
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