Tag: EOS

Tether to decommission USDT on Algorand and EOS

Tether plans to sunset USDT minting on two major blockchain ecosystems over a year-long transitionary period.  Stablecoin giant Tether announced its decision to shutter USDT support on Algorand and EOS within the next 12 months, citing a pivot to more community-centric networks.  An official notice on Monday said the firm plans to focus more on striking a balance between maintainability, usage, and community interest. “Our goal is to allocate resources where they can best enhance security and efficiency while continuing to support innovation across the crypto landscape,” the firm noted…

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

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With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this can be achieved by integrating advanced layer two (L2) solutions which expand the […] Original

Fezoo Exchange presale gains popularity with EOS, Wrapped Bitcoin investors 

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors from EOS and Wrapped Bitcoin sectors are turning to Fezoo Exchange’s presale, drawn by its promising prospects amid a bearish market. As Fezoo’s popularity continues to soar, the cryptocurrency exchange platform keeps seeing an influx of investors. Investors in projects like EOS and Wrapped Bitcoin, who have endured a bearish market, are also tuning in. Apart from diversifying their portfolios, its presale’s return prospects have also led to…

EOS Network unveils exSat to solve Bitcoin scalability issues

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EOS has announced a new solution aiming to improve Bitcoin’s scalability and compatibility with layer-2 networks. EOS Network, a blockchain platform powered by the EOS virtual machine, has announced the development of exSat, a docking layer, aimed at bridging the gap between Bitcoin‘s mainnet and a diverse array of layer-2 scaling solutions within the Bitcoin ecosystem. In a blog announcement on Apr. 10, the exSat Network team said their solution could potentially expand Bitcoin’s data consensus to enhance “interoperability, scalability, and security within the Bitcoin ecosystem.” “By facilitating direct queries…

EOS Network Enhances Its Stablecoins Ecosystem via Partnership with EOS Stable Coin Chain (ESCC)

ESCC will introduce stablecoin-based gas fees and Ethereum compatibility on EOS. EOS Labs and EOS Network Foundation (ENF), the main stewards of the EOS Network have announced a strategic collaboration with EOS Stable Coin Chain (ESCC), an Ethereum-based stablecoin solutions provider. ESCC is a novel smart contract on the EOS Network using a customized implementation of the EOS EVM architecture. According to the partnership details reaching our desks, the three companies aim to integrate an optimized platform for high-speed compliant stablecoin transactions. Together, they aim to provide EOS users with…

Bitcoin and EOS uptrend sustained, Rebel Satoshi momentum growing

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In the evolving crypto market, Bitcoin (BTC) has been trending higher, creating a wave of optimism among investors. This sentiment is not limited to Bitcoin alone; other digital assets like Eos (EOS) and the emerging memecoin Rebel Satoshi (RBLZ) are also in an uptrend. Bitcoin powers above $40k Bitcoin, the pioneer and flagship of the digital currency world, has been resilient. Consistently hovering above $40,000, it remains a beacon of stability…

Bitcoin, EOS, and BNB prices fall after Binance deal; InQubeta draws investors

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The Binance exchange aims for its native Binance Coin (BNB) to regain favor as a viable crypto investment following the resolution of its legal issues with the U.S. Securities and Exchange Commission (SEC).  The settlement involved Binance CEO Changpeng Zhao pleading guilty to violating U.S. anti-money laundering laws and agreeing to a $4.3 billion settlement, including a $50 million corporate penalty from Zhao’s private funds. The impact of this settlement is debated in crypto.  Meanwhile, Bitcoin (BTC) is stable after rallying, increasing interest in altcoins like InQubeta (QUBE) and EOS. …

EOS EVM v0.6.0 Goes Live Bringing USDT and More to Mainnet

The EOS Network Foundation has described v0.6.0 as a “game-changer” on account of it offering “a rejuvenated DeFi experience, robust technical upgrades, and trustless USDT bridging”. The EOS EVM, the virtual machine that allows Solidity dapps to run on EOS, has just had its biggest upgrade yet. v0.6.0 has been deployed on mainnet, and it brings the EOS EVM closer to providing the sort of DeFi experience its developers always envisioned. There’s a lot to unpack in the release notes for v0.6.0, but trustless bridging is a flagship improvement. The…

Shiba Inu burn rate drops by 82.27%, investors bullish on EOS and InQubeta 

Recent crypto trends show that InQubeta (QUBE) and Eos (EOS) are outperforming other coins despite the current market conditions.  QUBE investors have especially posted profits while EOS is up, posting a modest 7% in the past week. Meanwhile, Shiba Inu (SHIB) has struggled to gain traction despite burning coins and reducing supply.  The Shibburn website reports an 82.27% decrease in the burning rate.  InQubeta, a platform on Ethereum, aims to make investing in artificial intelligence (AI) more accessible to everyone.  Analyzing InQubeta InQubeta utilizes the ERC-20 standard and smart contracts to…