EOS

Which Of These Ethereum Killers Will Take The Top Spot?

We’re not suggesting that Ethereum will be crushed by it’s rivals, however it is worth thinking about. In a market that allows it, it’s not unrealistic to imagine Ethereum being knocked off it’s podium by one of it’s many competitors. This isn’t a bad thing of course, competition is healthy after all. The reason Ethereum is ranked second for market capitalisation is simple, the Ethereum project is huge, it’s super successful and it’s often considered to be Blockchain 2.0, marking an era of improving technologies. In order to appreciate the full scale of Ethereum, we need to explore just how many pies it has it’s fingers in… if Ethereum had fingers of course. According to ConsenSys: “Of the top 100 tokens by market cap, 94 percent are built on top of Ethereum. Of the top 800 tokens, 87 perc...

1 Billion Fake EOS Tokens Used To Steal $58k From Decentralised Exchange

Thieves have fabricated 1 billion EOS based tokens, ironically also named EOS, in order to purchase a number of tokens from Newdex, a decentralised exchange. Since the EOS tokens we’re fake and have no value, the hackers managed to lift around $58,000.00 worth of BLACK, IQ and ADD tokens from Newdex. According to The Next Web, Newdex have confirmed the hack in an official statement: “EOS account oo1122334455 issued 1,000,000,000 fake EOS tokens. After testing the feasibility of the attack, the account began to place large buy orders. A total of 11,800 fake EOS orders were issued to purchase BLACK, IQ and ADD.” Because of this, no real value has been pumped into the exchange, instead, the EOS tokens are ‘dead money’. This in turn means that users of Newdex are left pick up the pieces and th...

NANO, BAT, XLM, XVG & EOS, What Makes Them Good Buys For 2019?

 As 2019 approaches, we need to start looking at our options for the next year. If the start of 2018 was anything to go by, the crypto markets could be huge going through January, though as it stands we don’t expect the same level of hype to be drawn into the markets at the start of next year, unfortunately. This doesn’t mean to say that crypto won’t fly in 2019, but it does mean that as things stand, we can’t see us entering the new year with Bitcoin at $20,000.00 so to speak. Even so, 2019 promises to be a great year, one that will introduce further cryptocurrency adoption, regulation and of course, popularity. ‘Cryptonite’ have taken to Hackernoon to discuss their top five investments for 2019, all of which will cost you less than $10.00 per token, therefore we want to explore some of ...

BitTorrent Scouted By Other Crypto Coaches Prior To TRON Sale

A fair few of renown crypto startups in the crypto-sphere have had their sights set on BitTorrent prior to its acquisition by Justin Sun of Tron. CoinDesk has found that as well as Neo and Tron, blockchain governance-focused project Icon, the developers of Filecoin and Protocol Labs also started talks with Bittorrent to explore a purchase. People who are aware of the negotiations say that there were two more parties involved that were interested in the peer-peer file-sharing company. Both of these parties were based in the blockchain space. Sources have not indicated that any companies that weren’t in the blockchain space were showing any interest. The creator of Tron, Justin Sun prevailed and acquired BitTorrent as was reported in June by Variety. The software by BitTorrent has sort of pa...

EOS (EOS) And Other Coins Added To The Ledger Wallet

EOS is the latest coin to join the Ledger Wallet along with six other new coins. This marks the second round of new coins to be added to the popular Ledger platform in recent months. In addition to EOS, Ledger now offers support for Hycon (HYC), Fic Network (FIC), Pirl (PIRL), Rise (RISE) and Akroma (AKA), alongside the Ledger-backed cryptocurrency Waves (WAVES). Ledger is a French company which provides secure hardware crypto wallets to individuals and companies. Using an operating system based on a secure external chip, users are able to safeguard their currencies. They have sold over 1 million wallets globally since the company was founded in 2014. Ledger currently supports 13 cryptocurrencies, including Bitcoin and Etherium. Ledger owners can also access many more cryptocurrencies thro...

EOS See’s Biggest Boost For Months With New Referendum Announcement

EOS has been pretty quiet recently. Best known as the first major cryptocurrency to beat it’s previous crypto boom all time high later on in the year, EOS has shown strength and the capacity to grow, away from the general trend of the markets. The reign of EOS came as the EOS coin offering (arguably the longest ever ICO) came to an end. This, led to a bunch of hype and a drive for investment that saw EOS exceed $20.00 for the first time ever. Now, valued at around $6.00, you could say that we are a little way off seeing EOS reach a new all time high any time soon. So, since the sudden demise of EOS, the project has been quiet, up until this week which saw the announcement of a new referendum. As of yesterday, EOS has made gains of around 55% over the past 7 days and, at the time of writing...

EOS (EOS) Is On A Bullish Spree Again, But Has It Completed Its Correction Yet?

EOS (EOS) is on a bullish spree again. In fact, EOS (EOS) is one of the first coins to surge as soon as there is any indication of a recovery. This behavior is what has kept EOS (EOS) in the top ten as an investors’ favorite despite being at the centre of debates regarding centralization and ownership. The above chart for EOS/USD shows that the price of EOS (EOS) has been trading in a bullish gartley pattern against the US Dollar since 2017 and has yet to complete that formation. The first half of 2018 was devastating for EOS (EOS) same as the rest of the market, but EOS (EOS) did manage to make another successful rally in April that extended all the way to May and made EOS (EOS) one of the few coins that made a new all time high during a market correction. If anything, this is indicative ...

Markets Rebalance As Heavy Correction Halts The Fall Of BTC, XRP, EOS And IOTA

After a catastrophic day in the markets, it seems to slide has finally come to an end today, letting us start the mid-week period with a little bit of an optimistic outlook. This optimism may be short lived, as many do believe the decline of crypto hasn’t come to an end just yet, either way though, let’s relish in the fact that as it stands, crypto is no longer falling. What is happening here? This market decline is organic, it may be in response to world economics but generally, there isn’t one lone factor causing this, this is simply put, a response to various different events and situations, causing a sell off which is causing values to tumble. Overall the consensus has been that the markets will fly high again soon, but major cryptos will find new bottoms in the process. Notably, many ...

There’s A New Stablecoin Coming To EOS, Here’s What You Need To Know

EOS, is one of cryptos most notorious ecosystems. Built upon the world’s most drawn out ICO within a network that has seen incredible progression over the past year. Powered by a team known as Block.one, EOS manages to remain as a top five cryptocurrency for market capitalisation, despite it’s ‘ICO’ only ending a few weeks ago. Moreover, EOS is one of the only major cryptocurrencies to reach a new all time high in 2018, after the cryptocurrency boom at the start of the year. As it stands, EOS is now way below this all time high, though it does indicate that one day, EOS will breach this once again. According to Coindesk, a new start up by the name of Havven, have designed a stablecoin that will exist on the EOS network. The coin will be pegged to the US Dollar and therefore, it’s value wil...

Market Update – Shaky Start To August Pulls BTC, ETH, XRP, BCH And EOS Down

This weekend has marked a strong negative start to August. This came off the back of a promising start to the week that really seemed to inject an air of positivity back into the community. The weekends negative movements however have done a great job of sucking the optimism out of us all. As it stands, August looks to be about as much fun as May, April and June, helping us into the latter half of the year with a pretty bad feeling about what’s to come. Today’s major headline seems to be: Bitcoin won’t see an ATH this year, just to offer you some perspective into how people are feeling today. Regardless of this, let’s take a look at this mornings standings. Bitcoin at the time of writing is valued at $7,041.09, up 0.55%. Bitcoin dominance is down to 47.4%. Over the weekend, Bitcoin slipped...

Here Are All the ATH Prices You May Have Forgotten About

With the markets down and all time high (ATH) prices in distant memory, we want to discuss a few historical benchmarks in the hope to insert some optimism back into traders and investors, though looking at some of these figures, it may do the opposite, depending on how you interpret this.   See these all time highs as prices for the future, not as distant goals and don’t think about ‘what could have been’. Many experts are predicting that 2018 will see new all time highs for many cryptocurrencies, including Bitcoin. If this is the case, here are some of the targets that we need to breach.   Bitcoin (BTC) The current ATH for Bitcoin is $20,089.00. The current price of Bitcoin is 62.33% off this ATH price, so we do have quite a long way to go before Bitcoin see’s these heights agai...

Market Update – EOS, XLM And ADA Take A Big Plunge

Yesterday’s negativity, caused no doubt by correction has over-spilled into today, bringing the markets down for a second consecutive today. What we are seeing now however is a far steeper decline from a number of cryptocurrencies, reducing some of the optimism that we have held onto as we go into August. Whilst this doesn’t mean by any means that the markets are going to crash, it does look as if this correction period is going to inflict some damage onto a number of currencies, that have made good tracks over the past week, reversing their progress. Interestingly though, Bitcoin remains away from this fall, which at the time of writing is valued at $8,132.15, down just 0.29%. Bitcoin dominance is up, coming in at 48.3% suggesting that Bitcoin is still capable of an upswing through the af...

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