Block.One Slapped With $24M Fine — Cost of Doing Business?
Following its settlement with the SEC, Block.One seems to have figured out that fines may simply be the cost of doing business for blockchain Go to Source Powered by WPeMatico
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Research Claims EOS Network Can Freeze, Block.one Denies Any Errors
The entire EOS network can be frozen with just $6 worth of tokens, new research suggests. Block.one developers reassure that everything is “operating correctly” Go to Source Powered by WPeMatico
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify investors who suffered damages. Also read: SEC Commissioner Speaks Positively About … Read more
EOS Makes Rapid Gains as Block.one Attracts New Investors
The crypto market has experienced a turnaround after weeks of instability that saw many of the cryptos shed billions in market capitalization. The turnaround has been attributed to a number of factors, top among them being the announcement by the world’s largest asset manager, BlackRock, that it was exploring the possibility of venturing into the … Read more
More Wall Street Execs Decamp to Join Crypto Startups
Australian exchange bitcoin.com.au has a new man at the helm: Ben Ingram. The former executive at audit firm PricewaterhouseCoopers was appointed by the exchange to spearhead its expansion as it seeks to list more cryptos and become the dominant player in the largely untapped Australian market. Ingram becomes the latest executive from a mainstream firm … Read more
Block.one’s Involvement in EOS Voting Has Community Members Concerned
There is no shortage of controversy surrounding the EOS cryptocurrency project. Its main net launch has seen multiple issues, and it now appears Block.one is throwing its weight around where the voting process is concerned. Although this development is not necessarily a bad thing, it has some community members concerned. The EOS Voting Process and … Read more
EOS Has Issues
The EOS mainnet is less than a week old but already the much-vaunted blockchain has ran into a spate of issues ranging from the minor to the critical. Teething problems with new blockchains are to be expected, but the numeracy of these, coupled with a series of other anomalies, have had EOS critics scratching their … Read more
EOS and Ethereum: One DApp Platform to Rule Them All?
Does the market have room for two thriving DApp platforms? Ethereum and EOS represent two distinct approaches to carrying out smart contracts and supporting more than 1,500 DApps. Ethereum holds an advantage as the first native DApp platform, but EOS is proposing a much faster consensus model. Is there going to be one clear winner … Read more
Bitfinex Plans Launch of Decentralized Exchange Eosfinex
Bitfinex has announced that it will launch a decentralized cryptocurrency exchange built on the Eos.io platform. The new platform, Eosfinex, will be the first exchange to be hosted using Eos.io’s decentralized application infrastructure. Also Read: EOS Raises $700M Despite Token Affording No “Rights, Uses, Purpose, or Features” Bitfinex Partners With Eos to Develop Eosfinex Bitfinex claims … Read more
EOS Raises $700 Million Despite Token Affording No “Rights, Uses, Purpose, or Features”
Block.one’s EOS ICO has raised approximately $700 million USD, despite EOS’ FAQ page clearly stating that token-holders will not be afforded any rights or functions. The token sale currently comprises the largest ICO to date, with the company anticipating a launch in June 2018. Also Read: Centra ICO Faces Class Action Lawsuit, Accused of Violating US … Read more
