|Day's range||1.993 - 1.999|
|52-week range||1.4120 - 6.7979|
|Volume (24 hrs)||971.33M|
|Volume (24 hrs) all currencies||971.33M|
Blockchain company Ultra has announced that veteran video game publisher Ubisoft will be joining the platform as a corporate block producer during its testnet period. The Ultra blockchain serves as a game distribution platform which aims to "break the market monopoly" of current game publishing systems. Ultra offers staged software download technology, which has already served over 100 million downloads worldwide. Ultra needs to find block producers who can meet the technical demands of validating blocks on the network while also providing an ongoing commitment to growing the Ultra ecosystem. Ubisoft is one of the largest and most well-known video game publishers in the world and is responsible for much-loved gaming franchises such as the Rayman, Assassin’s Creed, and TomThe post Ubisoft joins the Ultra blockchain as a corporate block producer appeared first on Coin Rivet.
Ethereum and EOS are two of the world's most prominent blockchain projects at the time of writing. While Ethereum wants to decentralise world computing, EOS's target is to run fast decentralised applications (dApps). To achieve these goals, each protocol uses a different consensus algorithm and a different governance model. Ethereum has a strong focus on decentralisation at its core, while EOS provides speed by removing some of its decentralised features. At the end of the day, depending on the purpose, both projects have their pros and cons. In this article, I will dive deeper into each cryptocurrency protocol individually and compare them both in terms of security, scalability, and decentralisation - the three core aspects of any blockchain. Ethereum (ETH)The post EOS vs Ethereum: A blockchain comparison appeared first on Coin Rivet.
B2C2, a cryptocurrency liquidity provider and an over-the-counter (OTC) trading firm based in London, has launched a new gold derivative product, which is priced and settled in bitcoin (BTC).The post In first, crypto market maker B2C2 launches a gold derivative, settled in bitcoin appeared first on The Block.
DappRadar, a decentralized app data and analytics platform, has raised $2.3 million in funding led by Naspers Ventures with participation from Blockchain.com Ventures and Angel Invest Berlin.The post DappRadar raises $2.3M from Naspers and Blockchain.com Ventures appeared first on The Block.
Huobi was by far the most used exchange for withdrawals from the alleged cryptocurrency Ponzi scheme PlusToken, which has reportedly swindled over $2 billion from participants, according to new research.The post Users of alleged crypto scam PlusToken ‘heavily favored’ Huobi exchange for withdrawals appeared first on The Block.
South Korean cryptocurrency exchange Bithumb is reportedly entering the Singaporean market via a deal with local crypto platform BitHolic. News1 Korea reported the news on Thursday, saying that BitHolic changed its name to Bithumb Singapore this month.The post Crypto exchange Bithumb to debut in Singapore via local platform BitHolic appeared first on The Block.
Cryptocurrency wallet provider Abra has announced some major changes for its U.S. users due to “continued" regulatory uncertainty in the country.The post Crypto wallet Abra restricting US services due to regulatory uncertainty appeared first on The Block.
Cryptocurrency exchange Poloniex has announced the introduction of seven new asset pairs, with three markets tied to USD Coin (USDC) and four tied to Tether (USDT). The post Poloniex introduces new asset pairs for Tether and USDC appeared first on The Block.
Private-key management company Torus has just closed a seed round, pocketing $2 million in funding, Coindesk writes. While the round was led by Multicoin Capital, the startup got $500,000 from Binance Labs; other companies, Coinbase Ventures, Sixth Horizon, Accomplice and Terminal, also participated.The post Private-key management startup receives funding from Multicoin, Binance, Coinbase appeared first on The Block.
It’s been a little over a year since EOS shook the crypto market with its $4 billion ICO, and today, people are still learning how to buy EOS cryptocurrency. Despite its critics, the platform is still popular among many cryptocurrency adopters. Buying EOS tokens and storing them is similar to most other digital coins. Once you have a wallet and an account on a crypto exchange, you’re pretty much good to go - although not all exchanges list it. Here’s how to buy EOS cryptocurrency instantly and which exchanges are best for trading it. What is EOS? EOS claims to be “the most powerful infrastructure” for dApps. The network is similar to Ethereum in that it allows other blockchain-based projectsThe post How to buy EOS cryptocurrency appeared first on Coin Rivet.
Cryptocurrency asset manager Bitwise and Swiss fintech company Amun AG have launched a new exchange-traded product (ETP) on Switzerland’s top stock exchange SIX, and it promises to offer diversified liquid exposure to the nascent digital market. The post Bitwise, Amun launch a new crypto ETP on Swiss stock exchange appeared first on The Block.
Block.one, the startup behind the EOS blockchain, paid $30 million in cash to purchase a domain name for its social media platform Voice.The post Block.one paid $30 million to purchase a domain name for its social media platform appeared first on The Block.
Weiss Ratings has downgraded its rating of cryptocurrency EOS due to “serious problems” with centralisation. The US-based financial research firm previously ranked EOS alongside Bitcoin and XRP in a report on emerging trends in the crypto space. But in a tweet dated 7th June, it said that an event hosted last week by EOS developer, Block.one, failed to alleviate (the problems), “so we’ve severely downgraded its technology score”. EOS DOWNGRADE: #EOS has serious problems with centralization, and their event last week did anything to alleviate that, so we’ve severely downgraded its technology score. It’s now up to #ADA to launch a truly decentralized #PoS #blockchain. No pressure.#crypto #Cardano #BTC — Weiss Ratings (@WeissRatings) June 7, 2019 It added that fellow cryptocurrency ADA is The post Weiss downgrades EOS, citing centralisation concerns appeared first on Coin Rivet.
Block.one’s new social media application is as eye-catching as it is expensive, costing the company $150 million to build, CEO Brendon Blumer told The Block.The post Block.one pours $150 million into its new social media platform appeared first on The Block.
World of Warcraft is one of the biggest games of all time. It was first released in 2004, and by 2009 it had almost 10 million players. It is rumoured to have generated over $9 billion in revenue since its release. On top of this, a major Hollywood film was released based on the game. South Park also did an episode about it, and Leroy Jenkins was immortalised in meme culture thanks to the game. But what you might not know is World of Warcraft has also generated interest in cryptocurrency as well. Surprisingly, the relationship between World of Warcraft and cryptocurrency goes back further than you might think. World of Warcraft gold Within the game, players are able to The post How World of Warcraft created curiosity in cryptocurrency appeared first on Coin Rivet.
The next project we'll be taking a dive into for Knowing the developers, EOS, is the fifth-largest cryptocurrency by market cap.The post Knowing the developers: an analysis of EOSIO appeared first on The Block.
Galaxy Digital has sold its shares in EOS developer Block.One for a staggering $71.2 million in what CEO Mike Novogratz described as an attempt to “rebalance our portfolio”. After the firm experienced losses of $272 million in 2018, Galaxy Digital accepted an EOS tender offer back in April, staking $32 million. Just over a month later, the crypto merchant bank has realised a 123% return on its initial investment following bullish price action. Want to set the record straight. Galaxy is still a shareholder in @block_one_ , We are a large holder of $EOS tokens, and we strongly believe in the leadership of @BrendanBlumer and @bytemaster7 Very excited for their June announcement. Took profit to rebalance our portfolio. — Michael The post Galaxy Digital ditches EOS as part of portfolio rebalance appeared first on Coin Rivet.
Staking startup InfStones has received $2 million in funding, CoinDesk writes. Investors like Danhua VC and Plug and Play Ventures participated in the seed round.The post InfStones raises $2 million seed round of funding appeared first on The Block.
Reddit user u/soundsoviel recently shared an emotional story about his two-and-a-half year journey to become a crypto millionaire, only to lose it all and become “poor” again. In a Reddit post, Sondsoviel said he was writing while “sitting in a bar in the slums of East Africa, enjoying my $0.60 beer in the shadows”. Sondsoviel told the community that whilst working for a bank in Europe, “a colleague told me about Ethereum” near the end of 2016. He then decided to “invest blindly what I had left from my savings” into the upcoming decentralised project. The first 12 months of the investment went very well as the price of the Ethereum token went from around $10 to nearly $500 by The post One man’s journey from crypto millionaire to ‘poor’ again appeared first on Coin Rivet.
Coinbase announced in a blog post on Friday that its Coinbase Pro product will begin accepting deposits for EOS, Augur, and Maker on Tuesday, April 18.The post Coinbase Pro to list EOS, Augur, and Maker appeared first on The Block.
Latest EOS price commentary The price of EOS has been trading sideways over the last 24 hours and is currently sitting at $5.27. This follows a massive upwards spike earlier in the week that lifted prices by more than 200%. Following this rally, the price of EOS and other prominent cryptocurrencies are now moving in a positive direction, with a few minor corrections. EOS volume has increased considerably over the past few days by around 100% and is now currently sitting just above $3 billion. If this trend continues, we may be officially over the longest bear market in the history of cryptocurrency. Current live EOS pricing information and interactive charts are available on our site 24 hours a day. The post Latest EOS price and analysis (EOS to USD) appeared first on Coin Rivet.
There's no question that exchange hacks continue to plague the nascent digital currency market, and over the weekend the amount of funds pilfered from such venues surpassed a total of $1.3 billion, according to The Block’s research.The post With Bithumb hack, total stolen from crypto exchanges tops $1.3 billion — here are the 10 biggest hacks ever appeared first on The Block.