EOS news

EOSIO EOS/USD is a decentralized system infrastructure that is based on blockchain technology which works towards the empowerment of hosting, development as well as deployment of commercial decentralized applications or dApps on its platform. The EOS token is required to power the dApps as well as the governance on…

All major cryptocurrencies have weakened this Wednesday after several days of winning streak. The price of Dogecoin DOGE/USD, Polkadot DOT/USD, and EOS EOS/USD is also pressured by this situation, and several billions of dollars were wiped out from the market in less than 24 hours. “The…

The cryptocurrency market remains under pressure, the price of Bitcoin went below $31000 support this Wednesday, and the risk of further declines is still not over. Bank of China announced that digital tokens couldn’t be used as a form of payment, and this announcement created a sell-off. Elon Musk also…

China’s police department in the Jiangsu province’s city of Yancheng recently arrested a group of blockchain developers. The developers in question worked on EOS’ blockchain, where they created a decentralized gambling application. The developers were arrested by the same division that made headlines in 2020, after taking down the PlusToken…

EOS.IO (EOS) price has fallen sharply in January after Dan Larimer announced he will depart Block.one, the company that created the software that powers the EOS blockchain. Fundamental analysis: Larimer to work on personal projects Larimer is one of the founders of Block.one and has been the company’s chief…

The cryptocurrency market is advancing this week but the EOS price is still not able to surpass the $3 resistance level as sellers remain in control of the price action. The main reason for this is a low transaction volume and the fact that EOS investors faced trust issues.

The US elections are closely watched, according to the latest news Biden is taking the lead in Georgia, Pennsylvania, Nevada and Arizona but the US presidential election continued to progress with a winner not yet officially announced. The cryptocurrency market is advancing this week but EOS price is still not…

The price of EOS has weakened from $3.91 below $2.50 in less than three months and the current price stands around $2.59. The main reason for this is a low transaction volume and the fact that EOS investors faced trust issues. Fundamental analysis: There’s still a level of uncertainty…

Google has decided to delve deeper into the blockchain community by joining one of the blockchain projects, EOS. More precisely, Google Cloud teamed up with EOS, with the intention of becoming its newest block producer, according to one of its developers. Google Cloud to become EOS’ block producer According…

Change Invest is a European based cryptocurrency trading service provider on a mission to provide users and investors with the lowest fees in the industry. They believe trading should be simple and cheap, we investigate. The platform supports 17 leading cryptos on the market. These cryptocurrencies include Bitcoin, Tezos,…

Seychelles-based crypto derivatives trading platform BitMEX is planning to launch four new Quanto Futures contracts. The exchange unveiled this news through an official announcement noting that it seeks to add Chainlink (LINK), Tezos (XTZ), EOS (EOS), and Cardano (ADA). Per the announcement, these altcoins will…

EOS’ blockchain explorer platform, Blocks.io was just purchased by another blockchain firm Metal Pay, which operates as a blockchain payment platform. The deal itself took place earlier this week, although it was not revealed how much did MetalPay have to pay for the acquisition. However, Metal Pay revealed…

EOS, one of Ethereum’s largest rivals, has been rather stable over the past three to four months, at least, as far as its performance on a YTD chart is concerned. The coin saw some volatility in the first three months of the year, but since then, it has been…

EOS price has rotated lower to retest the broken descending trend line. In the meantime, Block.one finally launched social media app Voice.  Fundamental analysis: Voice hits the ground Block.one-powered social media app Voice, has finally been  released. The application is built on EOSIO blockchain protocol. Voice is available…

EOS price has seen quite a bit of action over the past several days. After a relatively calm middle of last week, the price saw a strong increase on Friday, which peaked in early Saturday morning. The coin even managed to secure a new support level, but unfortunately, it…

The ninth-largest cryptocurrency by market cap, EOS, is currently testing its strongest support which managed to hold its price for months, now. However, the new bearish wave that is hitting the market right now might end up causing it to break. EOS in 2020 EOS started this year pretty…

PlusToken scam, which was estimated to have garnered around $2 billion in various cryptocurrencies such as Bitcoin, Ethereum, XRP, EOS, and others, became active again. The scammers-operated wallet, PlusToken, was dormant for months. Now, however, it seems to be back in business, this time focusing on EOS and Ripple’s…

EOS price lost over 8% last week to trade around the $2.50 mark again. In the meantime, a new report shows that developer activity on the EOS blockchain platform plunged 85%, which may facilitate additional selling pressure on the digital coin. Fundamental analysis: Developer leaving EOS platform Developer activity…

Cryptocurrency project EOS saw a sharp rise in its price in the first month and a half months of 2020. However, ever since then, its price saw a strong correction that culminated during the mid-March price crash. After that, EOS’ price seemingly lost its strength, and it remained relatively…

EOS price is still trading below the 100-DMA after failing to keep its head above this important technical indicator last week. Separately, Block.one announced it will vote for EOS candidates, however, the open-source software provider named some conditions.  Fundamental analysis: Three conditions outlined Block.one, which owns 10% of the…

A cryptocurrency investment fund, known as the Crypto Assets Opportunity Fund (CAOF), recently launched a class action lawsuit targeting EOS’ high command. The lawsuit directly targets Block.one, as well as its CEO, Brendan Blumer, CTO Dan Larimer, ex-CSO Brock Pierce, and former partner Ian Grigg. According to the filing, the…

An alleged EOS Ponzi scheme has scammed users out of more than £40.3 million. A report unveiled this news on April 20, noting that China-based EOS Ecosystem, a renowned EOS wallet shut down and disappeared with its users’ funds.Reportedly, the wallet’s operator…