2019-09-10 According to this thread, work was stopped on CentOS 8 after upstream released 7.7. Since so many more users have CentOS 7.x in production, and no one has 8 yet, priority has been given to the 7.7 update… and once it is done, work will continue on 8.
First, they chose to find a new home for Tumblr instead of shutting it down. Second, they considered not just how much cash they would get on day one, but also — and especially — what would happen to the team afterward, and how the product and the team would be invested in going forward. Third, they thought about the sort of steward of the community the new owner would be. They didn’t have to do any of that, and I commend them for making all three points a priority.