Dan Larimer On 30k EOS Hack, “No Different Than High Fee Transaction Spam On BTC Or ETH”

2019-9-15 17:52

An exploitation of EOSIO allowed an attacker to gain 30,000 EOS worth over $110k by winning every roll on the gambling decentralized app (DApp) EOSPlay. The attacker used REX, the Resource Exchange is a bucket that collects all the EOSIO resource fees including RAM sales and name auctions, to have the blocks filled with transactions […]

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Block.one Settles its Class Action Lawsuit for $27.5 Million

Block. one has made a $27. 5 million settlement to resolve the class-action lawsuit launched by the Crypto Assets Opportunity Fund. The lawsuit was related to the company’s token sale that took place between June 2017 and June 2018, in which it raised the biggest ever initial coin offering (ICO) funding of $4 billion and various subsequent […] The post Block.

Google Cloud Partners With Block.one to Become an EOS Block Producer

In an official statement online, Google confirmed they would join the EOS community and participate as one of the blockchain's 21 block producers. EOS, built by the Block. one development team, is a blockchain platform that allows 21 block producers (BP) who verify the transactions.