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EOS & Bitfinex Included in Block Producers for Ultra.io

Ultra.io, the blockchain-based platform PC games distribution platform recently announced this week that its first three block producers (BPs) are Bitfinex, EOS Rio and EOS New York. All three future network maintainers are EOS BPs while Bitfinex is also a major and well-known cryptocurrency exchange. The announcement states that the three bodies will help Ultra optimise its blockchain and will allow the company to launch is public testnet followed by the mainnet. The startup has said that its platform allows for a higher degree in fairness the industry of gaming by enjoying “programmable and instant money, tradability of games and...

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Block.one Slapped with Fine Over ICO But is it Enough?

The company behind EOS, block.one has just been whacked in the face with a $24 million fine in regards to is initial coin offering (ICO) back in 2017. We’ve spoken about block.one before at CryptoDaily but here’s a brief recap of what the firm is: “block.one is a company registered in the Cayman Islands, which began offering EOS tokens in June 2017 to the public, raising over $4 billion (a record for an ICO).” In terms of the aforementioned fine, while it might seem a little harsh, this isn’t actually that big of a penalty. Only when you compare it...

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EOSIO Upgrade Ends Up A Big Success!

The first-ever consensus upgrade has just been successfully integrated on EOSIO. The v1.8 upgrade brings in “major enhancements” to the blockchain in hopes of “paving the way for a more secure and scalable future.” The version 1.8 upgrade takes aim on allowing its users to get involved with the EOSIO blockchain in a more cost-effective way and with more functionality than the previous versions of the network.  After the upgrade, the chief executive of Block.one, Brendan Blumer said: Congratulations #EOS, today’s 1.8 upgrade now allows application developers to offer a free and frictionless UX to their customers. Users no longer...

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Scaling Startup LiquidApps Benefits From EOS Enterprise Adoption

It’s been a good month for LiquidApps. In addition to earning the business of freelancing site Moonlighting, which recently migrated to EOS and utilized LiquidApps to help service its 750,000 users, the scaling startup has earned a major feature in Coindesk. The crypto publication praised LiquidApps for putting out a “much more real product than vastly larger ICOs that ended long ago.” LiquidApps has found a niche for itself providing resources to EOS super users – the sort of businesses whose vRAM costs can run into thousands of dollars a day. LiquidApps’ proprietary solution for developers building EOS dApps can...

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Chinese TV Gives Boost to EOS & Blockchain Gaming

The awareness of EOS received a huge boost in getting its name out there this week as a Chinese TV show featured a popular blockchain RPG titled Crypto Sword & Magic. The only English-speaking business program in China, "ICS Money Talks," aired a piece with a distinct view towards the huge potential in blockchain gaming. Tokenised gaming opens up a whole new kettle of fish for dedicated players and sophisticated traders alike. As the cryptocurrency trader, Ricky Shi explains, what was once just a hobby and bit of fun has become a lucrative new way to exchange value. “I have...

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