EOS Surpasses Litecoin Despite New Criticism of Its ‘Useless’ Token

Block.One’s Blockchain app platform EOS has come under fire after announcing its incoming mainnet ‘launch’ as its EOS token will have no “uses.” EOS Tokens Can’t Be Redeemed On EOS’ Nonexistant Platform The project, which today surpassed Litecoin by market cap and intends to allow developers to create decentralized applications (‘DApps’), raised $700 million in

Samsung Brings Competition to Bitmain’s ASIC Monopoly

The Korean tech giant has been making big waves in the crypto scene by confirming that they’ve already started manufacturing cryptocurrency mining chips, according to a Samsung spokesperson. Cutting-Edge Fabrication Samsung has products in loads of technology sectors, and it’s no surprise they’d eventually get into the Bitcoin game. A company spokesperson told Techcrunch that

Philippines Regulator Issues Warning to Cloud Mining Participants

Regulation This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined as “securities.” Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce

Taklimakan Network and SocialMedia.Market Form Partnership

Taklimakan Network, the Singapore-based business platform for connecting cryptocurrency investors, analysts, and enthusiasts has just signed a memorandum of understanding (MOU) with SocialMedia.Market, the decentralized platform for simplifying marketing interaction between business and social media influencers. This is the latest example of an emerging trend in the crypto community of promising, efficient projects building synergistic