Tag: EOS

Domini.art might outperform EOS and Cosmos

As crypto prices decline, the Domini.art (DOMI) presale is gaining momentum, attracting investors. Some analysts claim the project can follow the growth trajectory of established projects like Cosmos (ATOM). To provide some background, ATOM was priced at $0.10 during its initial coin offering (ICO). Currently, it is being traded at $6.60, resulting in a 66x return on investment (ROI) for those who invested during the presale. On the other hand, EOS was initially listed at $1.887880. However, its price is now below the ICO price due to the bear market,…

EOS aims to catch up with Borroe.Finance and Shiba Inu’s momentum

EOS supporters are bullish, hoping the latest regulatory approval in Japan will help sustain the upswing. For Shiba Inu (SHIB), all eyes are on Shibarium following its relaunch. Supporters expect prices to edge higher as the layer-2 blockchain finds adoption. Considering investorsโ€™ confidence inย Borroe.Finance (ROE), most are convinced its native token, ROE, is a superior alternative to leading altcoins. EOS pinning hopes on regulatory approval for recovery EOS has been steady following the unexpected crash on Aug. 17. However, many holders expect the latest regulatory approval to support prices, even…

EOS Can Now Be Traded Against Japanese Yen

โ€œSecuring regulatory approval from the JVCEA is a monumental achievement for EOS, affirming our steadfast commitment to compliance,โ€ said Yves La Rose, CEO of the EOS Network Foundation, in a note to CoinDesk. โ€œThis landmark approval ushers in new prospects for EOS in the Japanese market, fostering stronger connections with discerning businesses and developers seeking robust blockchain solutions, in particular within the gaming industry.โ€ Original Source EOSJapaneseTradedYen CryptoX Portal

EOS secures regulatory approval in Japan, will trade against yen

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The EOSย token has been granted whitelist approval by Japanโ€™s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country.ย  In an announcement sent to Cointelegraph, the EOS Network Foundation (ENF), which currently supports the development of EOS, announced that the token has received whitelist approval from the Japanese Virtual and Crypto Asset Exchange Association. Here live at @WebX_Asia and @JPN_PMO Fumio Kishida just stated that Web3 is “the new form of capitalism”. While the West continues to antagonize blockchain…

EOS Foundation urges creditors to reject $22M Block.one settlement

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Amid the approaching deadline for opting out of the current $22-million settlement with Block.one (B1), the EOS Network Foundation (ENF) has called on plaintiffs to drop the lawsuit. The ENF took to X (formerly Twitter) on Aug. 8 to encourage plaintiffs to reject the $22-million settlement from Block.one, the firm that was the original seller of EOS (EOS) in a $4-billion initial coin offering (ICO) in 2018. The ENF argued that the existing settlement โ€œdoes not adequately compensateโ€ community members for losses caused by Block.oneโ€™s โ€œmisrepresentations and bad acts.โ€ The…

EOS Foundation to sue Block.one on failure to honor $1B commitment

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The EOS Network Foundation (ENF) is the latest entity to initiate legal action against major investor Block.one (B1) over failure to honor $1 billion investment commitments. On July 25, ESN founder and CEO Yves La Rose took to Twitter to announce that the ESN is preparing a lawsuit against B1 for โ€œfailure to follow through on its $1B commitment.โ€ The CEO mentioned that Block.one is already working to settle another class action lawsuit for $22 million, after rejection of a proposed $27.5 million settlement with lead plaintiff Crypto Assets Opportunity.…

Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout

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Nonfarm payrolls roseย by 209,000 in June, below economistsโ€™ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago.ย  The report did not alter expectations of a 25 basis point rate hike by the United States Federal Reserve in the next meeting, according to the FedWatch Tool. That kept the U.S. equities markets under pressure, with all three major indices falling for the week.…

EOS turns 5, celebrates the communityโ€™s effort to rebuild

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Celebrating the 5th anniversary of the EOS Network, the team behind the protocol highlighted the importance of the community as it looked back on the many challenges it had to face to revive the scalability protocol.ย  After being launched in 2018, the EOS became known for its networkโ€™s performance and for conducting the largest initial coin offering (ICO) in history, with over $4 billion raised during the year-long fundraising process. Despite this, the project did not live up to the hype and expectations and encountered troubles with the United States…

Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow

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The United States looks to avoid a catastrophic debt default after the White House and the House Republicans agreed upon a tentative deal on May 27. The U.S. equities markets rallied in anticipation of the deal on May 26 and the positive sentiment has rubbed off onto the cryptocurrency sector, which is attempting a recovery. Buying is not limited to Bitcoin (BTC) alone as select altcoins are also showing signs of a short-term up-move. However, sustaining the rally at higher levels may prove to be difficult for the bulls. Crypto…

Blockchain Network EOS’ Participants Should Consider Legal Action Against Major Investor Block.one (B1): EOS Foundation CEO

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