EOS

Ethereum 2.0 continues to gain momentum with new developments on its smart contract network. Just six weeks after its beacon chain was launched, the number of validators has already exceeded 60,000. According to the analytical platform Beacon Chain, the total number of validators on the Ethereum 2.0 smart contract is 60,189. An additional 16,156 potential validators are waiting in the queue to be approved by the smart contract. This is remarkable and means that the beacon chain network launched on…

Vigor Protocol has just announced a partnership with Everipedia - the world's largest decentralized encyclopedia. The partnership has allowed the Vigor Protocol to include Everipedia's IQ token on its platform as collateral. This is the 4th token to be added as collateral on the protocol. As per the announcement blog post, over 10 million IQ tokens have already been deposited on the protocol within the first 12 hours of the launch. What is Vigor Protocol? Vigour Protocol is a decentralized…

Cryptocurrency wallets can be a bit confusing to new users. However, taking the time to ride the learning curve is worth it, given the role wallets play in securing digital assets and providing users with more financial freedom.  For EOS users, a popular token that powers the EOS.IO blockchain protocol, it is urgent to find a good wallet to store their holdings. Unfortunately, since the project migrated from Ethereum to launch its Mainnet last year, its native token is no…

On June 3, 2020, Bitrue, a cryptocurrency exchange based in Singapore, announced via Twitter that they had unveiled a new way for users to earn passive income on their idle digital assets.  By using Power Piggy, users can now earn passive revenue on their EOS coins at a baseline interest of 5.3%, starting with the interest distribution on June 5 at 16:00 UTC. Bitrue allows cryptocurrency holders to earn interest on their holdings by lending them out to borrowers. There…

Blockchain veteran Dan Larimer formed EOS as a social smart contract platform. The EOS white paper, published in 2017, proposed releasing an open-source software system (EOS.IO) to help entrepreneurs and app developers create DApps quickly and easily. Future users' main benefits were server hosting, cloud storage, and user authentication. EOS was marketed, developed, and released by a private institution, block. One, under Dan's leadership. EOS made mainstream headlines when its Initial Coin Offering (ICO) campaign attracted over $4 billion from investors who saw it as…

Decentralized applications (dApps) have significantly changed the field of blockchain tech. They are a new software application that does not undergo downtime and is not owned by any central authority.  In recent months, Dapps have made inroads in various fields like gambling, technology, education, finance, and others areas.  Ethereum (ETH) was the first blockchain that unlocked Dapp's true potential by allowing developers worldwide to create unique apps on the platform. However, many other blockchain networks joined with time, resulting in…

Leading financial services platform Bitrue announced their intentions to adjust the interest rates of EOS, LTC, and BCH in their Power Piggy program to a baseline of 5.3%, starting with the interest distribution on June 5 at 16:00 UTC.  Bitrue exchange has always been a disruptive force in the financial industry, mainly focused on using crypto to offer financial services to the world's unbanked population.  The Singapore-based exchange has quickly become a favorite with members of the EOS, LTC &…

Last year, EOS parent firm Block.one announced its plans to come up with a blockchain-based social media platform known as Voice. Block.one claimed that it will utilize the EOS blockchain for the platform to make its operation transparent, in the absence of secret algorithms or mechanisms that push content of which the user is unaware. However, the platform’s launch will happen earlier than anticipated as Voice CEO Salah Zalatimo said it will be available to readers on July 4, instead of the…

In recent times, the Bitcoin (BTC) markets incurred volatility that led to the liquidations of long and short positions which affected both buyers and sellers remarkably. It is such that there was about $223 million in 24-hour margin calls on BitMEX platform being evenly spread between Bitcoin shorts and longs. As at press time, long positions liquidated were worth somewhat more than $111.5 million, while short positions worth $111.3 million. Long positions represent 50.04 percent of the total liquidation, while…