scrobble.life
#hive

Sad News - Tipu is shutting down on Hive

Hi guys, it was fun 5 years but sadly it's time to move on. @tipu will stop operating on 04.10.25, one week from now. In other words @tipu will be working for the next 7 days only.

The reason is that there's new law introduced in my country (EU region) where you need special license to operate any cryptocurrency related project. Of course it's hard to get, huge bureaucracy and fines if you many any mistake - and this is just not for me.

After this 7 days period, all transfers will be automatically refunded. Also please undelegate your hive power to @tipu.

Really really big thanks to anyone that ever used @tipu and all the best to everyone!

Comments · 39

  • @pizzabot(60)· 1d

    PIZZA!

    $PIZZA slices delivered: @amico.sports(1/5) tipped @tipu

    Send $PIZZA tips in Discord via tip.cc!

  • @amico.sports(63)· 1d

    What sad news, @tipu! 😢

    Five years of support for so many Hive users and communities: thank you for everything you've done.

    You didn't name the law, but for anyone wondering which EU rules are involved, these are probably the main ones:

    • MiCA – Markets in Crypto-Assets Regulation (EU) 2023/1114: since 30 December 2024, anyone providing crypto-asset services (custody, transfers, exchange, etc.) needs a CASP licence from a national authority, with transitional periods ending at the latest on 1 July 2026. 👉 EUR-Lex · ESMA – MiCA
    • Transfer of Funds Regulation (EU) 2023/1113 ("Travel Rule"): since 30 December 2024, crypto transfers handled by service providers must carry sender and recipient data. 👉 EUR-Lex
    • DAC8 – Directive (EU) 2023/2226: since 1 January 2026, crypto service providers must report their users' transactions to tax authorities. 👉 EUR-Lex
    • AMLR – Anti-Money Laundering Regulation (EU) 2024/1624: it will apply from July 2027 and adds stricter customer checks for crypto providers. 👉 EUR-Lex

    For a small, volunteer-run project, licences, reporting duties and possible fines are a real wall. 🧱 I'm not a lawyer, so everyone should check their own situation with a professional. But it's a pity that rules written for big exchanges end up hitting small community tools too.

    Thank you again, Tipu, and good luck with whatever comes next! 🙏

    separator

    !PIZZA !ALIVE !LOLZ

  • @caroscope(54)· 82d

    Oh, why should this happen ?

  • @rocksg(70)· 284d

    Can we still to you and earn hive rewards?

  • @vimukthi(76)· 293d

    It sucks to see EU destroy another project. Thank you for all the good things you have done! Wish you better things in life!

  • @ana-maria(66)· 315d

    Truly sorry to hear that! If I may ask, which country is in question?

  • @clarissaaaa(61)· 341d

    Thank you for all the support you gave us 🫶🏻

  • @cur8(59)· 350d

    Thank you Tipu for your incredible contribution to the community. You’ve been a true inspiration for our journey with Cur8.

    We’ll keep the same passion for rewarding great content and supporting creators — and for those looking for a similar service, Cur8 is here to carry that spirit forward. 🙌

  • @sacra97(77)· 351d

    ☕ thanks you

  • @stayoutoftherz(80)· 352d

    Hi @tipu Could it be that you are the owner of the CHESS token on H-E? Via the @chesstoken account. I am thinking about a chess token on Hive to support our chess tournaments. Is there a way of transfer of ownership in case you don´t need them anymore?

  • @sacra97(77)· 357d

    Thank you so much for everything. Muchísimas gracias por todo.

  • @cherokee4life(68)· 365d

    I know I am late to the this post, but I saw you upvoted a SNAP of mine so I wanted to check out what "tipu" was and then saw this post.

    Are you still active since it after the cutoff date you mentioned? Also have you thought about "open sourcing" tipu, to work around the local laws in your area?

    For example put a call out to the world for someone to host your bot on one of their servers where you can still retain the keys but it's hosted in another physical country sort of thing?

  • @ervin-lemark(76)· 370d

    Sorry to hear that. Thank you for the ride and good luck!

  • @phortun(79)· 371d

    Sad news indeed. I believe I was with you all those years and it was fun! I will miss you @tipu :(

  • @dejan.vuckovic(71)· 372d

    Thank you for great ride. All the best!

  • @webdeals(76)· 372d

    that's a sad new. Good luck with all your project from now on!

  • @hivebuzz(74)· 372d

    Congratulations @tipu! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

    You received more than 830000 HP as payout for your posts, comments and curation.
    Your next payout target is 835000 HP.
    The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

    You can view your badges on your board and compare yourself to others in the Ranking If you no longer want to receive notifications, reply to this comment with the word STOP

    Check out our last posts:

    Our Hive Power Delegations to the September PUM Winners
    Feedback from the October Hive Power Up Day
    Hive Power Up Month Challenge - September 2025 Winners List
  • @shiftrox(79)· 373d

    Oh boy... many Hive projects are leaving... that worries me.

  • @oldmans(73)· 373d

    Sad to hear that. I haven't used it in a few years but very sorry to hear you need to shut it down. Thanks for all you did. :)

  • @parauri(72)· 373d

    Thank you so much for everything. It's very sad that the project has to go. I saw this announcement when you posted it and just reblogged it, but today I'm leaving my farewell words. It has been a great honor to be part of Tipu. My virtual hug 💙

  • @deeanndmathews(79)· 374d

    So sad to see you go, but THANK YOU for everything that you have done!

  • @pedrobrito2004(71)· 376d

    Bye Bye Goodbye GIF

  • @sirenahippie(75)· 377d

    I wish you the best and much success in whatever you do. I'm so grateful for the support you've given my communities, both the users and the community accounts. Hugs!

  • @godfish(78)· 377d

    Oh, that's quite sad. Thanks for all the years, though!

  • @libertycrypto27(82)· 377d

    This is really sad news, but I understand the reasons that led you to stop. Bureaucracy in the crypto sector is a real disaster in Europe. It has been an honor for me to be a curator here on Hive for so many years, and for this reason I thank you very much and wish you all the best.

  • @caelum1infernum(69)· 377d

    Haven't use tipu for a long time but thank you for supporting me before. Appreciate all the work that you do. Sorry for what is happening in the EU I hope you get to continue this project in the future.

  • @yusaymon(73)· 378d

    :(

  • @suisver(72)· 379d

    Don't go Tipu😌

  • @costanza(78)· 379d

    Sad to see the project end, the EU really sucks when it comes down to their crypto regulations.

  • @ahlawat(67)· 379d

    I am very sad to hear this but this rule is difficult for everyone and very sad for us. You will always be welcome. If you get a chance, come again.

  • @mdakash62(75)· 379d

    Of course sir I wish you success.

  • @dlmmqb(76)· 379d

    @guiltyparties @spiritsurge @coininstant @silverstackeruk @hivetrending @mengao

    Sorry for the tag

    Is it possible to keep this project alive? Changing its ownership? Selling it? Making it decentralized by multi-sign or anything else?

    It's crystal clear that some of staked HP is idle and they won't undelegate so there is value in TIPU as a name and brand. Curation quality flaws can be improved under new ownership.

  • @issymarie2(73)· 379d

    It's sad news, really. I am infinitely grateful for the support you have given me during this time. Thank you very much.

  • Sad news indeed. Thank you for everything it was an honour to be able to work with you.

  • @leticiapereira(69)· 380d

    Thank you for all the opportunities you have given us all. I regret the decisions of third parties, which affect operations and good deeds. I wish you good luck in your new projects.

  • @epirela22(69)· 380d

    Triste noticia, gracias por todo el apoyo brindado.

  • @cumanauta(67)· 380d

    Una noticia muy triste sin duda. Es una desgracia.

  • @marabuzal(72)· 380d

    Muchísimas gracias!! Por el apoyo. Mucha suerte!✍️

  • @daniel2001(74)· 380d

    😢