Category: Block.one

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New research claims 21 accounts pumped the $4.4B EOS ICO with wash trades

New research asserts that EOS and ETH were wash-traded on exchanges to manipulate prices during EOS’s multi-billion dollar ICO. New research has shed more light on the crypto industry’s largest-ever token sale, alleging that foul play may have been afoot during EOS’s initial coin offering (ICO) four years ago. Researchers from the University of Texas…
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Block.one Awarded Patent for DLT-Based Social Media Bidding System

Block.one has patented monetizing every post on a social media network using tokenized bidding and blockchain-based analysis to determine a post’s originality Block.one, the company behind the EOSIO protocol (EOS), has been awarded a patent for a blockchain-based bidding system for promotional exposure tied to popular social media posts. The U.S. Patent and Trademark Office…
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Block.one Invests $50,000 Into Blockchain-Based COVID-19 Testing App

Block.one have invested $50,000 into Genobank’s Telos-based coronavirus and DNA testing application. Block.one, the company behind EOSIO (EOS), issued a $50,000 grant to Genobank for its open-source app on April 29. The grant is designed to facilitate anonymous access to COVID-19 testing. Genobank announced at the start of April that its app, Agerona, was being…
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7 Crypto Firms Targeted by 11 Lawsuits in New York

Seven major crypto exchanges and issuers are facing 11 new class-action lawsuits that were filed in a New York federal court on Friday. Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3. The suits were filed by Roche Freedman — the same law…
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Block.One Slapped With $24M Fine — Cost of Doing Business?

Following a settlement with the SEC on favorable terms, Block.One is getting back to business. On Sept. 30, the United States Securities and Exchange Commission (SEC) announced that it had reached a civil settlement with EOS parent company Block.One following an investigation into violations of the SEC’s security offering regulations.  The decision has sparked a…
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Research Claims EOS Network Can Freeze, Block.one Denies Any Errors

EOS users have been experiencing periodic problems with the network access, developers reassure that everything is “operating correctly.” Within the past few weeks, EOS blockchain protocol users have been experiencing periodic problems with network access. A recent article written by pseudonymous smart-contract developer and security engineer Dexaran described the apparent root of the problem: an…
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