EOS community ramps up battle for organization control against former developer Block.one
Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or DApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the network. As accessed by Cointelegraph, Yves La Rose, the “community-elected CEO” of the novel […]
New research claims 21 accounts pumped the $4.4B EOS ICO with wash trades
New research has shed more light on the crypto industry’s largest-ever token sale, alleging that foul play may have been afoot during EOS’s initial coin offering (ICO) four years ago. Researchers from the University of Texas have raised fresh concerns regarding Block.one’s record $4.362 billion ICO for the EOS blockchain in 2017 and 2018. The […]
Derivatives data shows pro traders turning bullish on EOS price
EOS rallied in May after Block.one, a blockchain software firm, announced a $10 billion funding round to build an EOS-based crypto exchange platform called Bullish. The EOSIO development company revealed that it had raised capital from Peter Thiel and Mike Novogratz, as well as hedge fund managers Alan Howard and Louis Bacon. In light of […]
Block.one free to focus on $10B crypto business after lawsuit settlements
EOSIO developer Block.one says it is focusing on its crypto business mandate after recently settling a class action lawsuit. In a blog post published on Friday, the blockchain software firm announced a settlement agreement with a group of investors led by the Crypto Assets Opportunity Fund related to the 2018 EOS initial coin offering. If […]
Block.one secures funding for $10B EOS-based crypto exchange platform
Blockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary. According to a release published on Tuesday, the platform dubbed “Bullish Global” will run on the EOS blockchain. As part of the announcement, the EOSIO developer revealed that it had raised capital to the tune of $10 billion for the crypto exchange. […]
Dan Larimer’s newest project is another attempt at decentralized social media
Daniel Larimer, former chief technology officer of Block.one and a co-founder of Block.one and Steemit, has revealed his next project, called Clarion. The project is meant to become a mobile-first decentralized social media platform, supporting all types of social features like personal messaging via text and video, publishing content to followers or having Discord-like voice […]
Block.one’s Bitcoin reserves are now worth double the entire EOS market cap
EOS has largely under performed during this crypto rally and has dropped out of the top ten by market cap, but one industry executive believes it could be one of the best risk/reward digital assets right now. Chartered Financial Analyst and Arca CIO Jeff Dorman made the assertion based upon Block.one’s extensive Bitcoin holdings. Before […]