Tag: BlockOne

Block.one, EOS Parent, to Open New Headquarters in Washington D.C.

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Block.one, a software engineering company and the creator of the cryptocurrency EOS (EOS)trade, announced that it will be opening its operations headquarters for the US operations in Arlington, Virginia due to its proximity to its fourth international base in Washington D.C. region. Block.one specializes in developing blockchain software and is the company behind the popular blockchain software EOSIO and the seventh-largest digital currency EOS, established in 2018. The company announced that it will be adding more opportunities for employment and making room for engineering department, information technology, digital security, development…

EOS Parent Firm Block.one Opens Up Headquarters in Washington DC

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EOS parent company Block.one is opening its fourth global site located in the Washington, D.C. metropolitan region. Creating 170 jobs over the next three years On Sept. 23, Block.one LLC announced that it is opening new headquarters for its United States operations arm in Arlington, Virginia. The office will purportedly create 170 high-skilled jobs over a period of three years. Block.one CEO Brendan Blumer said: “Its proximity to the nation’s capital positions us close to the policy innovation around digital assets and distributed ledger technology in the U.S. This expansion…

Block.One Pays $30M for New Blockchain-Powered Social Media Platform’s Domain Name

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Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United States Securities and Exchange Commission (SEC) on June 18. According to the SEC filing, submitted by enterprise analytics and mobility software provider MicroStrategy, Block.one’s domain name purchase of “voice.com” was enabled by web domain registrar GoDaddy and concluded on May 30, 2019. In an official statement, Marge Breya —  senior executive vice president and chief marketing…

Eos Developer Block.one Working With Lobbying Firm on Blockchain Issues

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Eos (EOS) parent company Block.one has disclosed that it is a client of a lobbying firm in a disclosure form registered in May. In the document, Block.one is cited as the client of international law firm Holland & Knight LLP, whose offices globally work on over 200 different practice areas including regulatory and government affairs, blockchain technology and e-commerce. In the Specific lobbying issues (current and anticipated) field Block.one indicated “policy related to blockchain.” Block.one has apparently contributed $30,000 for lobbying activities. The document also reveals that Scott Mason and…

Block.one Plans to Tackle Pitfalls of Social Media With New Blockchain Community Called “Voice”

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Block.one today announced Voice, a blockchain-based social media application designed with users of the platform in mind and to take on the fact that social media today is fundamentally broken and is in need of a complete overhaul. “The truth is, current social media platforms are designed to use their users,” said Brendan Blumer, CEO of Block.one, who opened the company’s June 1 event at the DC Armory in Washington, D.C. with the announcement of Voice. “Just look at the business model. Our content. Our data. Our attention. These are all incredibly valuable things. But…

Block.one Plans to Tackle Pitfalls of Social Media With New Blockchain Community Called “Voice”

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Block.one today announced Voice, a blockchain-based social media application designed with users of the platform in mind and to take on the fact that social media today is fundamentally broken and is in need of a complete overhaul. “The truth is, current social media platforms are designed to use their users,” said Brendan Blumer, CEO of Block.one, who opened the company’s June 1 event at the DC Armory in Washington, D.C. with the announcement of Voice. “Just look at the business model. Our content. Our data. Our attention. These are all incredibly valuable things. But…

Eos Developer Block.one Announces Blockchain-Based Social Media Platform Voice

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Eos (EOS) parent company Block.one has announced a blockchain-based social media platform called Voice, according to a press release shared with Cointelegraph on June 1. The firm claims that the platform will use the Eos blockchain to provide transparency on how it operates, without hidden algorithms or content-pushing mechanisms of which the user is unaware. In the press release, the CEO of Block.one, Brendan Blumer, compared Voice with traditional social media platforms, saying: “The truth is, current social media platforms are designed to use their users. Just look at the…

EOS Price Breaks $8 Barrier as Block.One Spends $25 Million on RAM

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Best growing altcoin is EOS that surged 14.25% to $7.95 in front of the Litecoin. Daily volume for EOS has pumped to $5.2 billion and its Block.one revealed that they’ve spent $25 million on RAM ahead June 1st big announcement. The biggest one growing altcoin is definitely EOS which price surged more than 15 percent taking the fifth place in front of the Litecoin. From $6.90 the Ethereum rivaling token surged to an intraday high of $8.05 before pulling back slightly. Daily volume for EOS has pumped to $5.2 billion…

EOS Developer Block.One Attempts 10% Private Buyback of Its Stock

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EOS developer Block.one is attempting a 10% buyback of its stock, offering backers a share repurchase price that will return as much as 6,567% on their initial investments. The news was reported by Bloomberg on May 22. According to Bloomberg, the buyback values the company at around $2.3 billion, up from about a $40 million valuation in the 2017 seed round. The repurchase price being offered is $1,500 per share — up 6,567% from the original price of $22.50. As Bloomberg notes, investors who ostensibly stand to benefit from this…

Crypto Merchant Bank Galaxy Digital Sells Shares in EOS Creator Block.One for $71 Mln

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Crypto merchant bank Galaxy Digital has sold its shares in EOS developer Block.one for $71.2 million. The news was announced in a press release on May 21. According to the release, the bank reportedly accepted EOS’ tender offer back in April, closing the transaction on May 20 to realize a 123% return on its initial investment. Following the deal, Galaxy Digital’s investment in Block.One no longer represents a material investment position, the press release notes.   In a statement, Galaxy Digital CEO and founder Michael Novogratz outlined that: “The acceptance…