SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

Twitter Facebook LinkedIn The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from July to September reduced by 48 percent compared to what was raised from …

Expert Says EOS isn’t a Blockchain — Just a Distributed Database

Twitter Facebook LinkedIn Blockchain testing and research company Whiteblock Inc. has released a damning verdict on EOS, describing it as a “distributed homogeneous database” masquerading as a blockchain. In a report titled “EOS: An Architectural, Performance and Economic Analysis,” the company dissects several aspects of the EOS protocol and comes to the conclusion that it …

ICON Records 23% Gain Again While Crypto Market Sees Gloomy Forecast

ICON (ICX) and WanChain (WAN) have recorded massive 23 percent gains again in the past 24 hours, becoming the two best performing assets in the global crypto market for two days straight. The valuation of the crypto market increased from $213 billion to $214 billion on August 27 as some major cryptocurrencies like EOS and …

Blockchain Startup Havven Brings EOS its First Stablecoin

Havven, a decentralized payment network and stablecoin, has decided to launch on the EOS blockchain and will airdrop half of its new HAV tokens on the EOS blockchain to existing HAV holders on Ethereum. Havven wants to ensure that the payment network’s success does not depend on one blockchain. The Havven/EOSIO partnership was announced at the …

Bitcoin Mining Giant Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley

Bitmain, the cryptocurrency industry’s most valuable company, has just opened an office in Silicon Valley ahead of its planned initial public offering (IPO) later this year. The Silicon Valley Business Journal reports that the China-based cryptocurrency mining hardware manufacturer has just moved into 20,000 square feet of office space in downtown San Jose, CA, filling …

Do-Over? Dan Larimer Proposes Scrapping the EOS Constitution

“I am merely saying that the current constitution is not wise.” With that comment, Daniel Larimer — the creator of EOS — proposed a fundamental restructuring of the fifth-largest cryptocurrency’s on-chain governance model. That governance model has become the subject of much controversy during the early days of the EOS network, as block producers — …

Bitcoin Price Regains $9,000 and Loom Spikes 45% as ERC20 Tokens Help $426 Billion Market

Join our community of 10 000 traders on Hacked.com for just $39 per month. Bitcoin has remained in the $9,100 region throughout May 2 and has not recorded any major movement on the upside and downside. A strong performance by ERC20 tokens based on the Ethereum network such as EOS, Loom, Stratis, and WanChain led …