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Tag Archives: EOSBTC

EOS Community Blocks Ongoing Payments of $250 Million in EOS to BlockOne

On November 8, the EOS community elected to stop ongoing payments to BlockOne – the company behind the project. The decision comes after continuous debates within the community over the reliability of BlockOne, saying the company has plagued the network with centralization. ENF vs. BlockOne The conflict between the EOS Network Foundation (ENF) and BlockOne has been heating up in the last few weeks. The ENF said that BlockOne has been drifting away from the network’s interests...

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EOS Can’t Rely on BlockOne Anymore: EOS Foundation CEO Says

Yves La Rose, the founder of the EOS Network Foundation, discussed the project’s future, its stance on the relationship between EOS and Block.one, while also outlining how it might move forward. EOS And Block.one Parting Ways? Earlier this year, Yves La Rose stepped down as the CEO of EOS Nation. Speaking today, he revealed his thoughts on the relationship between EOS and Block.one – the company that was behind the project during its record-breaking ICO. According to him, it...

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Bitcoin Touched $34K as Minimal Volume Continues: EOS Spikes 14% (Weekend Watch)

Bitcoin has bounced off from the recent lows and added about $2,000 at one point, but the trading volume still remains relatively low. The alternative coins are untypically stable since yesterday. However, there’re a few exceptions, including an impressive surge by EOS following a significant announcement from Bullish. Bitcoin Took a Swing at $34K The past several days didn’t go well for the primary cryptocurrency. The asset was trying to break above $35,000 on Wednesday, but...

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Chinese Police Confiscated $3.8 Million in Crypto After Arresting EOS Gambling dApp Team

Chinese police officers have confiscated nearly $4 million in various cryptocurrencies after a raid against several developers that operated a decentralized gambling app built on the EOS blockchain. $3.8 Million in Crypto Seized After receiving tips of suspected illegal activity involving the developers of the dApp called Biggame, the Jiangsu police department opened an investigation. Ultimately, this led to the arrest of 15 people. During the raid, the authorities found and...

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Ripple (XRP) Skyrockets 50% As Bitcoin Struggles At $34K: Crypto Market Watch

After a sharp drop that led BTC for another retest of $32,000, the asset has recovered and climbed back up to nearly $34,000, as of now. However, its dominance continues to decrease as some alternative coins have outperformed their leader, including XRP surging above $0.60.Bitcoin Eyes $34,000The primary cryptocurrency went through a roller-coaster on Friday after Tesla’s CEO Elon Musk updated his Twitter profile to include “Bitcoin” as the only description.The asset responded with an...

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BlockOne CTO and Co-Founder Dan Larimer Resigns: EOS Price Dumps By 25%

Dan Larimer, the blockchain entrepreneur that co-founded the company behind the popular project EOS, has left his position after four years. Interestingly, the native cryptocurrency EOS has reacted immediately with a vigorous price drop of about 25%.Larimer, who served as Block.one’s chief technological officer, has resigned from his position at the company as of December 31st, 2020. “I will continue on my mission to create a free market, voluntary solutions for securing life, liberty,...

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Altcoins Party: Bitcoin Cash Skyrockets 50% As ETH Just Inches Away From All-Time High

Most alternative coins have resumed their recent bull run, including double-digit increases on behalf of most of the large-caps, including Bitcoin Cash, Bitcoin SV, Chainlink (LINK), Ripple, Litecoin, and Cardano. The second-largest, Ethereum, has also surged to new highs and has come about $100 away from the 2018 record of $1,450.Simultaneously, BTC has stalled slightly around the $41,000 mark, and its dominance over the market has reduced to 68.5%.Exploding Alts: Ethereum Nearing...

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Market Watch: New ATH For BTC, Bitcoin Cash Records 10-Month High

Bitcoin’s weekend ended with high volatility again with a new all-time high of $24,300 and a subsequent violent rejection to $23,100. Most alternative coins have stalled in the past 24 hours, except Bitcoin Cash – it has skyrocketed by 15% to its highest level since February.Bitcoin’s New ATH And Sharp DumpThe past several days have been wildly bullish for the primary cryptocurrency. After finally breaking above the coveted $20,000 price tag, BTC continued forwards and charted a few...

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$13.6 Billion Stolen In 8 Years By Exploiting Blockchain-Based Projects, Report

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...

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Report: DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020

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...

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