Tag: EOS News

EOS launched a bug bounty program on May 31 on HackerOne. Bug bounty hunter Guido Vranken is currently enjoying the financial reward of $120,000 by identifying 12 bugs and vulnerabilities in the software in just one week. According to ZDNet, due to Vranken’s success, EOS offered the bug bounty hunter a permanent role in the company. It’s uncertain whether he…

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A snapshot of EOS addresses revealed that only ten wallets hold over 496,735,539 tokens or 49.67 percent of all one billion EOS tokens. The “raw code” was posted to GitHub after the June 2 EOS snapshot. The EOS Money Show Block.one, the company that issued EOS’s ICO and the developed the protocol’s initial code, holders over 100 million tokens or…

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On May 27, 2018, a Reddit user TraderJoeSmo on the r/Ethtrader subreddit raised the alarm about a suspected artificial lowering of the market value of ETH by a competitor cryptocurrency, EOS. A few hundred comments later, it was evident that EOS had indeed contributed in some way to fuelling the ongoing downward trend of the price of ether. EOS Background…

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China’s premier internet security firm 360 released a report detailing several “high-risk vulnerabilities” in the EOS blockchain. The project was scheduled for a June 2, 2018, mainnet release, and now faces a questionable situation, which could delay the much-awaited mainnet launch indefinitely. Mainnet Launch in Trouble As per a report on Sina Weibo, the 360 “Vulcan” team reported the security…

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The chief financial officer of the Commonwealth Bank of Australia, Rob Jesudason, is resigning to join a blockchain startup based in Hong Kong known as Block.one as the chief operating officer and president. Block.one is the startup backing the EOS (EOS) virtual currency which is currently the fifth largest in the world with regards to market capitalization and develops open…

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