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AP News Agency Publishes Results Of The US Presidential Election On The Ethereum And EOS Blockchains

Crypto News Point

Nov 6, 2020
1 min

AP News Agency Publishes Results Of The US Presidential Election On The Ethereum And EOS Blockchains

The Associated Press (AP) news agency has been publishing results from the November 3 United States presidential election onto the Ethereum and EOS blockchains. It has been reported that results are being immutably written to the blockchain by Everipedia’s OraQle software, as noted on the developer webpage by detailing how to access its AP Elections API. While the results are naturally also being published on the AP website by using the blockchain-based Everipedia provides an

Google Cloud Joins EOS Blockchain Community To Become A Block Producer

Crypto News Point

Oct 9, 2020
1 min

Google Cloud Joins EOS Blockchain Community To Become A Block Producer

Google Cloud has joined the EOS blockchain community with the intent of becoming a block producer, as this would require the approval of the EOS community. It has been reported that EOS, which has often been criticized for excessive centralization, has 21 block producers in total. Google Cloud joins the EOS blockchain network as block producer candidate https://t.co/PlUsYymiBV by @SecurityCharlie — ZDNet (@ZDNet) October 6, 2020 However, in the company’s press release, Allen

Crypto News Point

Jul 29, 2020
2 min

China’s Blockchain-Based Service Network To Integrate 40 Public Blockchains Within A Year

China’s Blockchain-Based Service Network (BSN) will be integrating 30- 40 public blockchains within a year. He Yifan, CEO of Red Date Technology, the private company behind the BSN said that the network aims to integrate some of the most well-known public blockchain networks by June 2021. In the following year, it will further integrate more blockchains in an effort to double that number. Launched in April, BSN is China’s first government-backed blockchain initiative that was

Telos To Support Ethereum-Compatible Smart Contracts Without Transaction Fees

Crypto News Point

Jun 19, 2020
1 min

Telos To Support Ethereum-Compatible Smart Contracts Without Transaction Fees

Telos blockchain is set to enable developers to create and run Ethereum-compatible smart contracts without the transaction fees. Telos is a smart contract platform that supports the creation of dapps and decentralized autonomous organizations running on EOSIO (software underlying the EOS blockchain). As of June 18, the network launched an Ethereum Virtual Machine (EVM) on its testnet. Apparently, it is the first implementation of EVM on an EOSIO blockchain. Developers are bei

Equilibrium Adds Four Block Producers To Its Governance System

Crypto News Point

May 23, 2020
2 min

Equilibrium Adds Four Block Producers To Its Governance System

Equilibrium, an EOS-based DeFi project, has added four block producers to its governance system, to make use of the blockchain’s smart contract upgrade features. The members include: Binance Eosfinex EOS Nation EOS Cannon It has been reported that the group of four will act as “governance supervisors” for the system, as their primary purpose is to sign off on smart contract upgrades for Equilibrium. Alex Melikhov, the CEO of Equilibrium, said: “One of the main advantages of E

Vitalik Buterin Approves Competing Blockchain EOS For Its Niche-Carving Efforts

Crypto News Point

May 17, 2020
1 min

Vitalik Buterin Approves Competing Blockchain EOS For Its Niche-Carving Efforts

Vitalik Buterin, the Co-founder of Ethereum, has approved to compete blockchain EOS for its niche-carving efforts. On May 15, Buterin tweeted by referring to Bitcoin and Ethereum: “If I were designing a new chain to live alongside Bitcoin and Ethereum, I would take all the political tradeoffs that BTC and ETH aren’t willing to take.” This is why I actually have some respect for EOS and co. I *disagree* with DPoS but at least they're *trying* to develop a cohesive and principl

Block.One Grants $50,000 Into COVID-19 Testing App Agerona Based On Telos

Crypto News Point

May 1, 2020
2 min

Block.One Grants $50,000 Into COVID-19 Testing App Agerona Based On Telos

Block.one issued a $50,000 grant to decentralized BioBank Genobank for its open-source app on April 29. Genobank announced during April that its app, Agerona, is being developed alongside the Eos-based blockchain platform, Telos. The grant is designed to facilitate anonymous access to COVID-19 testing. How can #blockchain address the impact of COVID-19? Take a look at EOS VC Grant recipient @Genobank_io along with other VC investments @Pumlhealthio, @Innoplexus and @Moonlight

Crypto Exchange Bitfinex Lists New Cross-Chain Defi Token pBTC

Crypto News Point

Apr 25, 2020
2 min

Crypto Exchange Bitfinex Lists New Cross-Chain Defi Token pBTC

Bitfinex exchange plans to list pTokens (pBTC), a new token that aims to unlock cross-chain DeFi liquidity by connecting Bitcoin (BTC) to any blockchain. The token is pegged 1:1 to Bitcoin and currently is compatible with the Ethereum (ETH) and EOS DeFi ecosystems. CTO of Bitfinex, Paolo Ardoino says pBTC will become the first DeFi interoperability-focused token supported on Bitfinex while adding: “At the moment we are supporting only pTokens but we welcome more projects to w

Casinos, Gambling and Blockchain: What It Holds?

Crypto News Point

Feb 25, 2020
3 min

Casinos, Gambling and Blockchain: What It Holds?

At a time when casinos were a thing of the 90s, the industry now is mainly digital. One of the fastest-growing markets, especially when everyone or the other has access over the mobile internet, online casinos and gambling merged with blockchain is changing the name of the game. It is said that taking risks is often a human nature. Gambling sure is fun and can provide escapism from the mundanes of life. On the other hand, its critiques often highlights the addictions and the

Block.one Announces A $200,000 Smart Contract Blockchain Puzzle

Crypto News Point

Feb 5, 2020
1 min

Block.one Announces A $200,000 Smart Contract Blockchain Puzzle

Block.one announced a smart contract blockchain puzzle, with $200,000 prize for whoever figures it out. On Feb. 3 an announcement on EOSIO’s DevPost detailed: “In this challenge, participants must create an EOSIO Smart Contract which can store and invoke EVM (Solidity) Smart Contracts in a virtual Ethereum-like environment,” JUST LAUNCHED – New @blockoneofficial #smartcontracts challenge to making blockchain work for everyone with EOSIO smart contract. Will u be the one to so

EIDOS Transaction Volume Skyrockets According To The Latest 2019 dApp Report

Crypto News Point

Jan 21, 2020
1 min

EIDOS Transaction Volume Skyrockets According To The Latest 2019 dApp Report

The transaction volume going through EIDOS decentralized application (dApp) skyrockets according to the latest 2019 dApp report. On Jan. 20 the 2019 dApp Market report published on the latest findings. The token airdrop dApp on the EOS blockchain saw almost three times as many transactions in 2019 as all of the other dApps on nine leading platforms combined. The noteworthy part of the statistics is that EIDIOS did not launch until 1st November 2019. In the two months of 2019

Block.One Released EOS.io 2.0 To Make Blockchain ‘Faster, Simpler And Secure’

Crypto News Point

Jan 13, 2020
2 min

Block.One Released EOS.io 2.0 To Make Blockchain ‘Faster, Simpler And Secure’

Block.One, a blockchain software development firm, released EOS.io 2.0, the software underlying the EOS blockchain. https://t.co/gniZnm7Zly — Il Separatio23 (@Matthewdaless10) January 13, 2020 On January 10, it has been published on Twitter that Block.One claimed that the update makes the blockchain “faster, simpler, and even more secure.” A stable version of #EOSIO 2 is now available making it faster, simpler, and even more secure. Start building. https://t.co/R6PGAUsJ30 —

Block.One Proposal Would Require Users To Rent Network Resources

Crypto News Point

Dec 25, 2019
2 min

Block.One Proposal Would Require Users To Rent Network Resources

Block.One, the firm behind EOS blockchain proposed a major change to the network’s resource allocation system that would require users to rent network resources. On Dec. 21 Block.One published a blog post stating that the proposed changes aim to avoid network congestion caused by the inability to employ unused Central Processing Unit (CPU) time and bandwidth (NET) resources because users own them. Proposing Changes To The REX System According to Block.One, the network suffers

$1.5M Grant Program Launched To Support The Development of EOSIO

Crypto News Point

Dec 19, 2019
2 min

$1.5M Grant Program Launched To Support The Development of EOSIO

Block.One the firm behind EOS– the seventh-biggest cryptocurrency by market cap has launched a $1.5 million grant program to support the development of EOSIO. EOS VC– The venture capital arm of Block.One is planning to award grants worth $50,000 to each qualified project within its new funding initiative- the EOS VC Grants Program. On Dec. 17 an official announcement stated that EOS VC will provide more than $1.5 million in grants to developers and supporters of the EOSIO pla

Blockchain-Powered Social Media Platform Voice Announces Beta Launch

Crypto News Point

Dec 9, 2019
2 min

Blockchain-Powered Social Media Platform Voice Announces Beta Launch

Blockchain-Powered EOS based social media platform Voice announced that it will launch the beta launch of the platform on Feb. 14 in 2020. On Dec. 5 a blog post was published stating the launch date as well as sharing its progress as the development goes on. Apparently, thousands have signed up to take part in its beta testing. Although the firm admits that the initiative is still plagued by regulatory uncertainty and working with regulators in ensuring compliance. Features O

Assasin’s Creed Dev Partners With Ultra To Validate Transactions For Gamers

Crypto News Point

Nov 22, 2019
1 min

Assasin’s Creed Dev Partners With Ultra To Validate Transactions For Gamers

Assasin’s Creed game developer, Ubisoft partners with EOS-based game distribution platform Ultra to validate transactions for gamers. On Nov. 21 a press release was shared stating that Ubisoft will be a corporate block producer on the testnet version of Ultra’s EOS sidechain, dubbed as UOS. Ubisoft becomes the first #Ultra Corporate Block Producer. Joining Bitfinex, EOS NY and EOS Rio in our journey to create the video game industry blockchain gold standard. More: https://t

EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings

Crypto News Point

Oct 29, 2019
1 min

EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings

China’s fourteenth crypto ranking reports Bitcoin (BTC) ranked as 11th and EOS retaining the top spots as of the end of September 2019. The crypto ranking report is released by China’s state-backed tech workgroup with total rankings lists of 35 assets. On Sept. 29. The Center for Information and Industry Development (CCID)’s online information portal reported the release of the crypto ranking report. Reshuffling in Rankings The last installment of rankings in July revealed th

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