Category: EOS

  • EOS, Tezos, and BitTorrent showing signs of a major price movement

    After the recent 30 percent correction that Bitcoin experienced, some altcoins are showing signs of a possible breakout while others have indicators of further decline. This technical analysis will explore whether EOS, Tezos and BitTorrent are preparing for an upswing or a nosedive. EOS Following the high of $8.65 on May 31 EOS’s market valuation…

  • Block.one CEO expects $50-100 million payday for top influencers on EOS Voice

    Block.one CEO expects $50-100 million payday for top influencers on EOS Voice

    A screenshot of what appears to be a message from Block.one CEO Brendan Blumer reveals that he expects top social media influencers to be able to generate $50–100 million in revenue from Voice, EOS’s new social media platform. In the message, Blumer suggests that top influencers capable of bringing 50 million followers to the new…

  • EOS voting structure encourages centralization

    EOS voting structure encourages centralization

    EOSIO, the blockchain protocol created by Block.one, saw its popularity skyrocket in the past year. The network is facing problems of increased geographical centralization—which could be problematic for the protocol’s security and trustworthiness. How does EOS work? Launched on June 14, 2017, EOS is a young but popular blockchain protocol designed to host decentralized applications…

  • Weiss Ratings: EOS downgraded amid signs of centralization

    Weiss Ratings, an independent financial ratings agency, has downgraded EOS amid growing concerns about centralization. Signs of centralization On Mar. 25, Dan Larimer, the Chief Technology Officer at Block.one, revealed that on June 1, EOS will make the “biggest announcement” since EOSIO was launched. #B1Junehttps://t.co/SWnpm3aFmI pic.twitter.com/zUCBbcKKOx — block.one (@block_one_) March 25, 2019 https://platform.twitter.com/widgets.js One day…

  • Crypto Twitter reacts to Block.one’s plans to launch EOS-powered social network, Voice

    Crypto Twitter reacts to Block.one’s plans to launch EOS-powered social network, Voice

    The management at Block.one, the company behind EOS, announced on June 1st that it will launch a blockchain-powered social media platform. Brendan Blumer, the 32-year-old CEO at Block.one, revealed during a presentation in Washington, D.C., that the blockchain-enabled open-source software publisher’s new social media network, called Voice, will be deployed on EOS, one of the…

  • EOS could be about to announce a new social network

    On Mar. 25, Dan Larimer, the Chief Technology Officer at Block.one, Dan Larimer, revealed that on June 1, EOS will make the “biggest announcement” since EOSIO was launched. It is not clear what type of announcement will be made, but many in the EOS community are speculating about a social network announcement. #B1Junehttps://t.co/SWnpm3aFmI pic.twitter.com/zUCBbcKKOx — Block.one…

  • Coinbase listing opens EOS to millions of retail investors

    Coinbase added EOS to its retail platform and mobile apps. The move will provide market access to the cryptocurrency for millions of retail investors. EOS represents the largest altcoin added to the Coinbase retail platform since XRP was added this February. The cryptocurrency will be available to users in most jurisdictions, except for the United…

  • Crypto Assets Outshine Most Traditional Investments in 2019

    Crypto Assets Outshine Most Traditional Investments in 2019

    Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil, and precious metals. Also Read: US Copyright Office Responds to Craig…

  • Investors in the company that created EOS will see 65x returns in stock buyback

    Cryptocurrency startup Block.one made history by returning more than 6,567 percent returns to its earliest investors in less than three years. According to a report from Bloomberg, the ROI translates into $6.6 million for a $100,000 stake. Block.one pays out outlandish returns to its investors Seeing your original investment return several thousand percent is not…

  • EOS votes to burn $167 million in tokens in preparation for drastically reducing inflation

    EOS votes to burn $167 million in tokens in preparation for drastically reducing inflation

    Over 34 million EOS worth $167 million was permanently removed from circulation. The move is part of an initiative to drastically lower the inflation rate on the protocol from 5 to 1 percent. On July 31, 2018, 15 or more of EOS’s 21 block producers passed an initiative to burn $167 million EOS sitting idle…