Startup Darling EOS Cashes In Millions Of ETH As ICO Scorn Continues
Blockchain startup EOS is exchanging millions of dollars’ worth of Ethereum (ETH) for fiat, leading to concerns prices are suffering as a result. Analysis of wallets linked to EOS, which has so far raised around $200 mln in its marathon ICO, shows mass transactions being sent to cryptocurrency exchange Bittrex. “Long story short, some of the bigger ICOs are cashing in and contributing to a decline in price,” a user uploading the findings to Reddit concluded. The sheer volume of interest in recent ICOs and associated side-effects for the Ethereum network have led to increasing criticism....
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Player Cashes out 2.25 Bitcoin After a Single Lucky Spin
Turning up the heat on Bitcoin.com Games, our very own crypto casino is Wazdan’s smashing new slot game Sizzling Bells. The brand new game was just recently released back in October and features some of the most sought-after features in a game by slot lovers across the world.
Sizzling Bells is a modern take on classic slot machines and features stunning bells, juicy fruits, lucky stars, and is capable of....
Shiba Inu is making all the right kinds of noise these days. It is becoming the darling of the whales. Even though the project’s game, Shiba Eternity, was released 5 days ago, SHIB has been falling behind. The value of Shiba Inu was reported to have fallen thanks to the game, and its practical applications […]
For an industry recently shaken by the grasps of censorship on the most popular Bitcoin forums on the internet, where thousands of people interested in the tech turn to learn, the scorn for Mike Hearn has been telling. Hearn, who wrote in a Medium post he was leaving Bitcoin, has been trending in the Bitcoin industry for a fortnight now. So what did Hearn say? In his post, “The Resolution of the Bitcoin Experiment,” Hearn made numerous assertions, such as: But despite knowing that Bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly. The....
Developers and commentators have hit back at Circle CEO Jeremy Allaire after he announced his startup is permanently divorcing itself from Bitcoin. CEO Allaire: Bitcoin ‘Essentially Gridlock’. Allaire’s payments provider, once the darling of Blockchain investors, will instead focus on using the Blockchain for fiat money transfers. “The story is one of essentially gridlock amongst core developers, while mainstream companies are using this technology,” he told the Wall Street Journal Wednesday. “We’ve been deeply frustrated with that lack of progress, and we want to move it forward.” The....
In the parallel universe of Ethereum Classic, the DAO saga continues with the DAO hacker, whose IP may have recently been identified, converting almost 100,000 ETC into 144.92992187 bitcoin, worth almost $100,000. According to chain analysis by Bok Consulting, the hacker divided 106,100 ETC into smaller amounts of approximately 2,333 ETC in different addresses, then sent them to Shapeshift for conversion. We tried to reach out to shapeshift representatives for comments, but have not received a response in time for publishing. Shapeshift is somewhat unique as it requires no identification....