EOS

Due to the way its consensus protocol operates, EOS is considered far more centralized than Ethereum.On the surface, Ethereum and EOS.IO appear similar: they both serve the purpose of executing smart contracts, in the form of transaction protocols and dApps. However, this is where their similarities end, as the two platforms are vastly different in the way they function. AccessibilityThe smart contracts on EOS are usually programmed in C++, though any other language that compiles into...

A recent report examining the number of successful hacks on blockchain networks, exchanges, and even wallets concluded that attackers had stolen more than $13 billion in the past eight years. The paper noted that the EOS network had experienced the most breaches, while the malicious actors have taken the most funds from wallets. 330 Blockchain Attacks; 2019 Was A Record-Breaker The document compiled by the VPN provider Atlas VPN reads that the total amount of attacks on...

EOS traded to a new monthly low at $2.241 before correcting higher against the US Dollar.The price is currently trading above $2.350, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.420 and $2.500 resistance levels in the near term.EOS price is showing a few positive signs above $2.350...

EOS traded to a weekly high at $2.755 before starting a downside correction against the US Dollar.The price is currently trading above $2.620 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $2.688 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its rise if it clears the $2.700 and $2.720 resistance levels in the near term.EOS price is holding important supports above $2.600 against the US...

Block.one and EOS are notable platforms for two reasons. The first is that they held a year-long coin offering between the summers of 2017 and 2018. The second reason? Because even though the Securities and Exchange Commission (SEC) went after the companies for hosting the token sale – which the SEC is typically known to do – both Block.one and EOS came out ahead and garnered a ruling in their favor. This is important given we’re now in a time when companies are known to fall apart the minute...

EOS started a strong upward move from the $2.500 support level against the US Dollar.The price is currently trading above $2.600 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $2.560 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to rise towards the $2.720 and $2.800 resistance levels in the near term.EOS price is showing positive signs above the $2.600 level against the US Dollar,...

[Press Release] Singapore, Oct 21, 2020 — Four new perpetual trading pairs, ETH/USDT, LINK/USDT, LTC/USDT, and XTZ/USDT, will be listed on crypto trading platform Bybit and begin trading today. The new USDT pairs join the existing markets of BTC/USDT, BTC/USD, ETH/USD, EOS/USD, and XRP/USD on the Bybit exchange. The move significantly increases traders’ choices, as the open interest on the Bybit platform reaches new heights. “In response to popular demand, we are bringing...

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the...

EOS started a downside correction after it failed to clear the $2.720 level against the US Dollar.The price is currently facing hurdles near $2.650 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could either restart its upward move above $2.650 or decline further towards the $2.500 support.EOS price is struggling to gain pace above $2.700 against the...

A recent report exploring the Q3 2020 developments in the decentralized finance ecosystem confirmed the narrative that it was the best quadrant for the entire field.Additionally, it highlighted Ethereum’s massive role as the underlying technology but also broached several potential competitors, including TRON and EOS.Confirmed: DeFi Exploded In Q3 2020The analytics company Dapp Radar posted its quarterly report on the DeFi progress this week. It described Q3 2020 as the “best quarter for the...