EOS Creator Dan Larimer Is Back

The community behind EOS is looking to right itself by renewing tech ties with the network’s OG developer, Dan Larimer, who has engineered a “Mandel” hard break from the company that insiders say “burned” its $4 billion blockchain darling. Larimer, who quit Block.one – EOS’s now-estranged mother company – last January, is ratcheting up technical contributions on the software he spearheaded in 2017. In return, EOS Network Foundation (ENF) – now the ecosystem’s de-facto shot-caller – will bankroll Larimer’s development work with token grants in native EOS. Larimer’s “Mandel” upgrade…

Square buys $50m BTC. Google bets on EOS blockchain. CBDCs ramp up

In this issue Why did Square acquire US$50 million in bitcoin? Google Cloud joins Block.one network Digital currency initiatives advance globally In China: central bank pushes 50,000 people to spend new e-RMB; Hong Kong as DCEP’s sandbox Funding spotlight: betting on cryptocurrency in India From the Editor’s Desk Dear Reader, What’s happening in this part of the world, where Forkast sits in Asia? A lot. In its latest effort to push mainstream adoption for the e-RMB, China is handing out 50,000 digital “red packets.” Why is this significant? The red…

Google Cloud bets on EOS blockchain, venturing further into crypto

Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers are showing increased interest.  For example, Google Cloud recently became a network block producer by joining the EOS blockchain community. Block producers on EOS are elected by token holders to add transactions to blocks, add blocks to the blockchain, and implement software changes. While Google Cloud must…

Vitalik Says He Has ‘Some Respect’ for How EOS Handles Governance

In a recent series of tweets, Ethereum co-founder Vitalik Buterin gave a nod of approval to competing blockchain EOS with regard to the niche they are trying to carve out.   “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,” Buterin said in a May 15 tweet referring to Bitcoin and Ethereum.  Vitalik labeled EOS aspects of interest Listed by Cointelegraph as the fifth most influential person in crypto and blockchain, Buterin holds significant weight…

Bancor (BNT) Launches Cross-Blockchain Liquidity Network For Ethereum, EOS Assets

Bancor (BNT) has announced that its BancorX network – supporting instant conversion of 110+ ERC20 and EOS-based tokens – has gone live. A section of the announcement published on the company’s blog read, “As BancorX goes live and the first BNTs flow from ETH to EOS and back again, Bancor will aim to remove friction, unify the user experience and ensure the system’s continued decentralization and utility.” Bancor X mechanism The platform eliminates the hassle of having to use a third party exchange platform that would rely on traditional order-matching…

EOS The World Turns – CoinDesk

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