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Malicious actors have targeted crypto protocols and exchanges ever since Bitcoin started to gain in both popularity and value back in 2011.
Data shows a staggering 96% of all transactions on decentralized finance (DeFi) applications take place on Ethereum, the world’s second-largest blockchain network by market cap.
It’s been many months since PlusToken, the $2+ billion Bitcoin scam, has out of the cryptocurrency news cycle.
The EOS community recently proposed and approved a change in the protocol that significantly reduces the network’s inflation rate.
Brendan Blumer, CEO at Block.one, the company behind the development of EOS and Voice, a new blockchain-based social media network, confirmed that the technical beta version of Voice will be released on February 14, 2020.
EOS, like most major altcoins, is currently caught in a short-term downtrend that has come about as a result of Bitcoin’s recent rejection at $8,400.
The price of XRP, EOS, Cardano (ADA), and other major cryptocurrencies have dropped by more than eight percent on the day, causing the total crypto market cap to fall by 27 percent in merely two months.
Brendan Blumer, the founder and CEO of Block.one, believes that blockchain technology has created a huge social movement that enabled real adoption to happen on an enterprise level.
Several altcoins are starting to move exponentially despite Michael Novogratz’s claim that the “market is getting smarter.” VeChain, for instance, has been on a rampage surging nearly 185 percent in the last 22 days.
Weiss Crypto Ratings, a crypto and financial ratings company, managed to divide the crypto community on Twitter yet again by saying that Cardano is “clearly” superior to EOS.