The STEEM price rally comes just days after a technical fiasco, which threatened the very foundation of the social media. The Steemit platform saw its database crash, firstly revealing that what users see as immutable transactions are, in fact, centralized, off-chain database entries. Only later are those converted to digital assets.
Source: https://cryptovest.com/news/steemit-steem-the-only-asset-climbing-as-markets-turn-to-red/
Did I sleep through a technical fiasco or is this just FUD?
It happened during day-time here in Europe, so if you're in a different part of the world, you may very well have slept through it.
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