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4.35%
Price data by
PricesEOS

EOS News

EOS bills itself as Ethereum for big business. Like its predecessor, EOS is a smart contract and DApp development platform, but better suited for scalability and usability for developers. It tweaks Ethereum’s build in a few subtle ways—transitioning from proof-of-work to proof-of-stake, not charging transaction fees and instead relying on one’s network capacity for permission.
  • Vaulta logo. Image: EOS Network.

    EOS Token Spikes 30% as Network Rebrands to 'Vaulta'

    Blockchain network EOS announced its rebrand to “Vaulta” on Tuesday as it pivots towards “Web3 banking” in a bid to capitalize on growing demand for innovative financial products. Eager to jump at the chance, traders have pushed the network’s native EOS token by 30% to $0.65 shortly after the reveal, CoinGecko data shows. Despite the sudden surge, the token remains down by 188% from the all-time high of $22.89, showing the challenges the blockchain has faced since its explosive debut. Bitcoin Gi...

    NewsMarkets
    3 min read
    Vismaya V
  • Image: Studiostoks/Shutterstock

    Former Crypto Titans Return From the Dead

    The global crypto market cap stands at a robust $2.68 trillion, marking a 3.51% surge over the past day. Bitcoin, the market's bellwether, has breached $71,000 for the first time since mid-March, while Ethereum is testing the upper limits of a horizontal channel at its current $3,681 price. Long-time watchers of the digital assets space may have also noticed something interesting as of late: cryptocurrencies that thrived in the 2017 bull run and subsequently faded into obscurity are making a com...

    NewsMarkets
    3 min read
    Jose Antonio Lanz
  • Upland's airdrop campaign is here. Image: Upland

    Upland Reveals 'Share and Build' Airdrop Drive Ahead of Ethereum Token Launch

    Upland, a crypto game built around real-world locations, announced Friday that it has launched the first wave of its "Share and Build" airdrop series. It's aimed at rewarding community members and newcomers alike for engaging with the Upland platform before its Ethereum token goes live. The first chapter will let users earn Sparklet tokens—Upland's existing in-game utility token used to construct buildings and create content—through social media activities and in-app missions over a three-week p...

    NewsGaming
    2 min read
    Andrew Hayward
  • Image: Mythical Games

    Fortnite Creator's Epic Games Store Launches First NFT Game

    Blankos Block Party, an NFT-powered online creation game, launched today on the Epic Games Store, becoming the first Web3 title published on the popular PC gaming marketplace. Mythical Games’ title was previously available from its own website after launching with an open beta in December 2020, and the company said in June this year that Blankos had amassed more than one million total users to date. The studio announced plans in June to bring the free-to-play title to the Epic Games Store this y...

    NewsGaming
    3 min read
    Andrew Hayward
  • Image: Mythical Games

    Blankos Block Party NFT Game to Launch on Epic Games Store

    Blankos Block Party, an NFT-driven creation game that claims to have already racked up more than one million total players, may soon be in front of a lot more players when it launches on the popular Epic Games Store. Publisher Mythical Games announced the news amid NFT NYC this week, although a timeframe for the launch has yet to be announced. Gala Games, another publisher, claimed earlier this month that its Wild West-themed shooter GRIT will be the first NFT game to be released on Epic’s marke...

    NewsGaming
    4 min read
    Andrew Hayward

  • Bitcoin Celeb Brock Pierce Outspending Rivals in Vermont Senate Race

    After waging an unsuccessful bid in 2020 to become U.S. president, EOS co-founder and Bitcoin multi-millionaire Brock Pierce is scaling back his political ambitions to merely replace retiring U.S. Senator Patrick Leahy of Vermont. Pierce filed a statement of candidacy with the Federal Election Commission on November 11. And a quarterly financial summary shows that his campaign spent over $251,000 to end 2021, thanks mainly to a $200,000 loan from the candidate to the campaign—though Democrat Pet...

    NewsTechnology
    3 min read
    Jeff Benson
  • Wyoming has proved welcoming to crypto companies. Image: Shutterstock.

    SEC Halts Token Registration for First Legally Recognized DAO

    The U.S. Securities and Exchange Commission (SEC) today stopped the first legally recognized decentralized autonomous organization in the country from registering its crypto tokens as securities—alleging it put out “misleading information” to would-be investors.  American CryptoFed DAO LLC in September filed a Form 10 with the SEC, which is used for registering securities for trading on U.S. exchanges. But according to the SEC, the form did not have sufficient information about the two tokens—na...

    NewsDeFi
    3 min read
    Mat Di Salvo
  • Blankos Block Party by Mythical Games. Image: Mythical Games

    Mythical Games Nets $150M in Funding From Andreessen, NFL, Michael Jordan

    Crypto startup Mythical Games, the developer of the NFT-driven Blankos Block Party game, today announced a new $150 million Series C funding round. It values the firm at $1.25 billion, marking another so-called crypto unicorn with a billion-dollar valuation. Mythical’s latest round is packed with big names from the venture capital world, not to mention sports and entertainment. Major VC firm Andreessen Horowitz led the round, which also includes participation from crypto exchanges FTX and Binanc...

    NewsBusiness
    4 min read
    Andrew Hayward
  • EOS tried to lure developers away from Ethereum. Image: Shutterstock.

    $4.4 Billion EOS Token Raise Fueled by Wash Trading, Says New Research

    The EOS token sale raised $4.4 billion in 2018, becoming the biggest initial coin offering (ICO) of all time—but also the subject of considerable controversy.  Now, a new paper, by University of Texas at Austin McCombs School of Business finance professor John Griffin and forensic analysis firm Integra FEC, has unearthed fresh evidence of irregularities in the form of a pattern of “suspicious trades” during the ICO. Griffin—who previously investigated stablecoin Tether—suggests that these transa...

    NewsBusiness
    4 min read
    Adriana Hamacher
  • DAOs are now legal entities in Wyoming. Image: Shutterstock

    America’s First Legal DAO Approved in Wyoming

    Wyoming—the first US state to grant a charter to a crypto bank—has approved legal status for a decentralized autonomous organization (DAO), the American CryptoFed DAO, according to an announcement on Sunday. The organization, which has a mission to introduce a new monetary system, now becomes the first legally recognized DAO in the U.S. It comes after Wyoming lawmakers voted in March to pass a bill allowing DAOs to be officially registered in the state. The law affords these entities—which are g...

    NewsBusiness
    4 min read
    Adriana Hamacher
  • EOS is a blockchain platform for dapps (Image: Shutterstock)

    Block.one Settles for $27.5 Million In EOS ICO Class-Action

    Block.one, the crypto company behind the EOSIO blockchain, has agreed to pay $27.5 million in a class-action lawsuit over its $4 billion ICO for EOS. When the judge settles things up, Block.one must pay out money to claimants that invested in the ICO. “Block.one believes this lawsuit was without merit and filled with numerous inaccuracies. However, accepting this settlement allows us to focus more time and energy on running our business and delivering new products,” the company said in a stateme...

    NewsBusiness
    2 min read
    Ekin Genç
  • Grayscale’s Bitcoin Trust (GBTC) is the company's most popular product. Image: Shutterstock.

    Grayscale Reopens Ethereum Trust After Altcoin Registration Bonanza

    Grayscale has registered more than a dozen altcoin trusts with Delaware’s corporate registry over the last week, indicating that it is looking to accommodate for investors’ growing interest in altcoins. Coins on the list include Aave, Cardano, EOS, Uniswap and Polkadot. In a statement, Grayscale clarified that while it currently has no plans to launch any of these trusts, it's looking to keep its options open should the need ever arise: "Grayscale is always looking for opportunities to offer pro...

    NewsBusiness
    2 min read
    Tim Hakki
  • Axie Infinity is a crypto game on the rise. Image: Axie Infinity

    Crypto Gaming Thrived in 2020 as NFT Interest Surged: Report

    The blockchain-based video game industry grew steadily over the course of 2020, according to a new report from DappRadar in association with the Blockchain Gaming Alliance, with increases in overall daily users and a significant leap in the amount of activity around gaming non-fungible token (NFT) collectibles. Daily activity across all crypto games grew 35% from the start to the end of 2020, the report details, finishing the year with just less than 28,000 daily active users. The total trading...

    NewsTechnology
    3 min read
    Andrew Hayward
  • EOS tried to lure developers away from Ethereum. Image: Shutterstock.

    Dan Larimer Quits Block.one, EOS Token Falls 16%

    Dan Larimer today announced his resignation from his position as Chief Technology Officer on the crypto project Block.one. In a blog post on Voice, a social network platform built on the EOS blockchain and founded by Block.one, Larimer said that he had formally resigned on 31 December, 2020.  “Alas, all good things must come to an end,” wrote Larimer. His tenure with Block.one began in April 2017. Block.one hit the crypto world’s headlines that same year when it raised $4 billion in an Initial...

    NewsBusiness
    2 min read
    Tim Hakki
  • The bank's app now supports four new tokens. Image: Revolut

    Revolut Adds Four Cryptocurrencies, Including Tezos, EOS

    British fintech app Revolut has added four additional cryptocurrencies to the platform, allowing its customers in the European Economic Area to buy EOS, OMG Network (OMG), 0x (ZRX), and Tezos (XTZ) tokens, the company announced on Thursday. Currently, the app supports other major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple’s XRP, and Stellar Lumens (XLM) According to Finance Magnates’ report, Revolut added these new tokens in response to...

    NewsBusiness
    2 min read
    Liam Frost
  • Brittany Kaiser. Image: Shutterstock

    Brock Pierce Campaign Manager Drops Trump Campaign Bombshell

    Political junkies know to expect an October surprise right before a presidential election. But the surprise usually comes from one of the major campaigns—not from the campaign manager of an independent candidate. Brittany Kaiser, campaign manager to independent presidential candidate and crypto millionaire Brock Pierce, has leaked documents purporting to show illegal coordination between Donald Trump’s 2016 presidential campaign and a political action committee that supported him. And where did...

    NewsTechnology
    3 min read
    Jeff Benson
  • The US election. Image: Shutterstock

    The US Election Results Will Be Published on the Blockchain

    The Associated Press, an independent global news organization, is teaming up with blockchain-based encyclopedia Everipedia to publish and distribute the 2020 US election results directly onto a blockchain. The results will be published via Everipedia, which runs on the EOS blockchain, and will make use of another blockchain called Chainlink. Larry Sanger wants Everipedia to be a post-truth Wikipedia “AP is the gold standard in counting the vote and declaring election winners, and we are please...

    NewsBusiness
    2 min read
    Will Heasman
  • Shake on it. Image: Shutterstock

    EOS’s Developer Is Providing Enterprise Blockchain Services

    Block.one, developer of the EOS.IO software that drives the EOS blockchain, has launched EOSIO for Business—a suite of enterprise offerings that allow organizations to better integrate blockchain technology. The offering comprises four modes to help businesses build and maintain blockchain-based infrastructure. These include Blockchain-as-a-Service (BaaS), consulting, technical support, and training and certification programs. “Despite knowing the inherent benefits that blockchain will deliver...

    NewsBusiness
    2 min read
    Will Heasman

  • Brock Pierce Served With Lawsuit at Own Campaign Event

    Donald Trump and Joe Biden aren’t the only two candidates running to be president this year. Further down on some state ballots, past the likes of Libertarian Jo Jorgensen and musician Kanye West, is Tether co-founder (and Mighty Duck) Brock Pierce. Running for president has left Pierce open not only to critiques of his campaign platform but also to attacks on his role in the creation of a blockchain platform, EOS. While shaking hands at a campaign rally marking the opening of his New York City...

    NewsCoins
    3 min read
    Jeff Benson
  • Upland enters NYC. Image: Upland

    Buy up the Big Apple: EOS real estate game Upland enters NYC

    Upland, an EOS blockchain-driven real estate game that lets players buy digital versions of real-world properties, launched initially in San Francisco with grand plans to expand out in time. Today, Uplandme’s mobile and web game began that expansion process by adding a chunk of Manhattan real estate, specifically the Lower East Side. The developer categorizes the addition as a “bubble” of the New York City borough, with further parts of Manhattan to be added before the game expands outward to ot...

    NewsTechnology
    3 min read
    Andrew Hayward
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