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PlusToken Ponzi scheme allegedly moved more than $60 million worth of EOS

A wallet that has held more than 26 million tokens of EOS has moved to an unknown wallet according to data from the EOS blockchain.  This amount of EOS tokens would be worth around $67 million looking at today’s markets. A wallet that has held more than 26 million tokens of EOS has moved to an unknown wallet according to data from the EOS blockchain. This amount of EOS tokens would be worth around $67 million looking at today’s markets.  Looking into July 2019, the project called PlusToken was accused of being a pyramid scheme that stole more than $3...

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Will 2020 be the best year for EOS? Brendan Blumer seems to think so

EOS is two years old this week!  To celebrate the anniversary of the project, the CEO took to Twitter to say that he is very grateful to be a part of the team behind the token.  EOS, the well-known cryptocurrency project spearheaded by the CEO of Block.one, Brendan Blumer, is two years old this week!  To celebrate the anniversary of the project, the CEO took to Twitter to say that he is very grateful to be a part of the team behind the token. He describes the team as the most performance and aligned public blockchain out there. I’m so...

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EOS Not Performing up to Speed According to Coinbase

Coinbase has said that the EOS network is experiencing some issues has been experiencing them over the past few days/week. “EOS network has degraded performance. Sends and receives might be delayed.”  One of the biggest cryptocurrency exchanges in the world, Coinbase has said that the EOS network is experiencing some issues has been experiencing them over the past few days/week. The platform posted to statement on the 20th of February stating: “EOS network has degraded performance. Sends and receives might be delayed.”  It was posted just two days later saying that the network was still suffering from its lack of...

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Is EOS ‘Too Centralised’ Due to DPoS?

The environmental factor of bitcoin is something that many people take into account as they go about their business.  As this goes on, proponents of the delegated proof-of-stake consent this algorithm has come forward.  The environmental factor of bitcoin is something that many people take into account as they go about their business. Over the past year particularly, we have seen the environment taken into consideration quite heavily in every aspect of life, not just in crypto. But as this goes on, proponents of the delegated proof-of-stake consensus algorithm has come forward to explain why being so ‘power-hungry’ is a...

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Could EOS Regain Its Bullish Attitude?

EOS is seeing some significant bullish price action over the course of this year. It’s important to highlight that this rally can be categorised as a steady upwards ground instead of a parabolic one. Like most cryptocurrencies is in the industry, EOS is seeing some significant bullish price action over the course of this year. It’s important to highlight that this rally can be categorised as a steady upwards ground instead of a parabolic one. However, according to some analysts and commentators, this rise to greatness may not last as long as people want. A few technical factors indicated that...

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