Ethereum 2.0 Validators eclipse 60,000: $2.8B Staked in Deposit Contract

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 Partners with Everipedia, Supports IQ Token

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…

Top Cryptocurrency Wallets To Keep Your EOS Tokens Safe

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, there is an urgency to find a good wallet to store their holdings. Since the project migrated from Ethereum to launch its Mainnet last year, its native token is no…

How To earn Passive Income on Your EOS with Bitrue Piggy Power

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…

Dapps on EOS – The Best Decentralized Apps on the EOS Blockchain

A Brief Introduction to EOS The 9th largest by Market Cap, 7th largest by transaction volume, and apparently ranked 1st in project viability, EOS was formed by blockchain veteran Dan Larimer as a social smart contract platform. The EOS white paper, published in 2017, proposed the release of an open-source software system (EOS.IO) that would help entrepreneurs and app developers create DApps quickly and easily. The main benefits of future users were to include server hosting, cloud storage, and user authentication.…

5 Blockchain Platforms That Will Dominate the Dapp Ecosystem in 2020

Decentralized applications (dApps) have brought a significant change in the field of blockchain tech. They are a new type of software application that does not undergo downtime and is not owned by any central authority.  In recent months, Dapps have been making inroads in various fields like gambling, technology, education, finance, and other areas.  Ethereum (ETH) was the first blockchain that unlocked Dapp's true potential by allowing developers worldwide to create unique apps on the platform. Many other blockchain networks…

Bitrue Enhances Its Power Piggy Offerings with Improved Interest Rates

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 &…

EOS Parent Company to Launch Voice Platform Earlier Than Announced

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…

Both Long and Short Positions Valued at $230M Were Liquidated on BitMEX

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…

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