even the english steem(it) article is awfully short. And only focusses on the bad events.

On July 14, 2016, Steemit announced on their website that they were hacked.[3] The attack, according to them, has compromised about 260 accounts. About US$85,000 worth of Steem Dollars and Steem are reported to have been taken by the attackers. Steemit gives small amounts of its cryptocurrency token, Steem, to posters who get upvotes.[4] Posters can also be tipped by readers.[5]

basically this is the core of the article....

The German one is good. I guess the author was one of this community and the english author was clearly biased.