Category: EOS
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Ongoing EOSIO exploit allows attacker to steal 30,000 EOS as network freezes
An ongoing exploit on EOSIO is allowing an attacker to win every roll on gambling dApp EOSPlay by paying to fill blocks with their transactions. So far, the attacker stole 30,000 EOS worth over $110,000 while making the network “unusable.” A clever attacker was able to use REX, an EOS resource exchange for RAM and CPU, to…
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Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch…
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What’s Being Built – and What’s Not – on 2019’s Smart Contract Blockchains
Has anyone checked in with EOS lately, to see how it’s doing? How about Tezos – any signs of life there? In mid 2017, two of the largest token sales in history birthed two smart contracting platforms that promised to topple Ethereum and usher in an era of fast and low-cost value transfer with dApps…
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ERC20 Tether Transactions Flip Their Omni Equivalent
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the…
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Is TRON’s Sun Network a marketing gimmick? Comparisons with Ethereum and EOS metrics
TRON announced the latest release of its side chain solution—Sun Network. The upgrade promises “unlimited scaling capacity,” similar to the optimism around Lightning Network for Bitcoin. Yet, the data suggests these bold claims could be more marketing-speak than anything else. On Aug. 11, TRON announced a new version for the Sun Network, a scaling solution…
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EOS, Stellar, and Tezos giving mixed price action signals
While Bitcoin decouples from the rest of the market, altcoins are lurking without any major price action. Even though some cryptocurrencies that have rallied over the last few days, such as Matic, Harmony and Lisk, most of the altcoins in the cryptocurrency industry have been consolidating. This technical analysis will explore how EOS, Stellar, and…
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Crypto Social Media is Breaking Free: How 10+ Blockchain Platforms Pay You to Post
Social media has become so embedded in most people’s everyday lives that it’s hard to imagine life — or even a span of a few hours — without it. While the social media revolution is huge, there’s another revolution within that revolution, driven by users into cryptocurrency, privacy, and immutability: incentivized, blockchain-based social media. Also…
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US Regulator Plans to Outsource Running Cryptocurrency Nodes
A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin Core (BTC), Ripple (XRP) and Ethereum (ETH) in order to monitor compliance…
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China Publishes New Rankings of 37 Crypto Projects
China’s Center for Information and Industry Development has published its latest crypto rankings. Thirty-seven projects have been evaluated and ranked overall as well as in three separate categories. Some favorites have changed and two projects have been added to the previous list of projects ranked. Also read: G20 Leaders Issue Declaration on Crypto Assets –…
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Binance Coin, EOS and Stellar could resume their upward trend despite growing Bitcoin dominance
While altcoins continue dropping Bitcoin has increased its dominance over the market, reaching 68 percent for the first time since early 2017. Some prominent members of the industry even predict that BTC will capture 80 percent of the market. This technical analysis will evaluate whether Binance Coin, EOS and Stellar have the potential to rebound…