EOS price nears a key support level as it erases the YTD gains
EOS (EOS/USD) price has come under selling pressure as a somber mood engulfs the stock and cryptocurrency market. The coin dropped to a low of $0.8578 on Tuesday, the lowest level since January 4 of this year. It has crashed by more than 35% from its highest level this year. EOS Foundation and Block.
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Timeline of Eos
Epic Showdown: EOS Network Vs. Block.one — Who Will Triumph? - Benzinga
In a recent development within the EOS Network (CRYPTO: EOS) community, its founder Yves La Rose urged community members to explore the possibility of initiating legal proceedings against Block.one (B1), a key investor in the network. According to La Rose, B1 has not fulfilled its commitment to a $1 billion investment, which it had promised at the time of the network's initial coin offering (ICO) in 2018.
EOS Network Participants May Take Action Against Block.One Following Failed Promises - Blockworks
Yves La Rose, the CEO of EOS Network Foundation, the hub behind EOS Network — a layer one blockchain designed for large-scale decentralized applications — has urged community members to consider taking legal action against Block.One (B1) after the company failed to provide promised investments.
Antelope Leap v4 Software Released by EOS Network Foundation - UToday
The upgraded software kit is designed to unlock new instruments for better node syncronization and help EOS-like blockchains to preserve their integrity and decentralization. This is achieved by data logistics optimization and enhanced integration between various elements of Antelope's software.
EOS price analysis: Bulls win back momentum after a bearish slope as the price recovers to $1.109 - Cryptopolitan
EOS price analysis is again in favor of the bulls. The latest updates show that the price has recovered up to $1.109, which is a great improvement considering the past trends and especially yesterday's plunge.
EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum - Blockchain News
The EOS Network Foundation has launched the EOS EVM mainnet, which emulates Ethereum's Virtual Machine and aims to improve interoperability between EOS and Ethereum. This allows for the deployment of decentralized applications (DApps) written in Solidity, offering access to lower fees and faster transactions of the EOS network.
DWF Labs Invests $60 Million in EOS Network - Blockchain News
DWF Labs, a digital asset market maker, has announced an investment deal worth over $60 million with the EOS Network Foundation. The deal includes a $45 million EOS token purchase agreement and a $15 million pledge to invest in businesses and projects based on EOS.
EOS Network lands $60M investment and partnership from DWF Labs - Cointelegraph
DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption.
EOS Network pledges $20 million for expansion as price surges, more inside - AMBCrypto
Ahead of the launch of its Ethereum Virtual Machine (EVM) on 14 April, EOS Network Ventures has pledged to invest $20 million to support the growth of EOS-based decentralized applications and gaming platforms.
Will 2023 Be the Year of EOS? - Crypto Daily
The EOS blockchain is opening up to the world. That is the clear message from Yves La Rose, Co-founder and CEO of the EOS Network Foundation (ENF), the nonprofit organization that has taken over the network's management since its messy divorce from Block.one.
EOS sinks beneath the POC, but could the buyers force a reversal? - AMBCrypto
EOS has performed well in the markets and maintained its upward trajectory despite uncertainty across the market. Even though Bitcoin has retraced a good portion of its gains over the past two weeks, EOS was quick to rebound.