EOS Launches EVM, Announces $60M Strategic Partnership with DWF Labs
EOS Network is set to release the beta version of its EVM mainnet. The protocol has also secured $45 million in funding from DWF Labs.
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EOS Network is set to release the beta version of its EVM mainnet. The protocol has also secured $45 million in funding from DWF Labs.
EOS Network Foundation CEO Yves La Rose said that this new development represents the firm's commitment to building a multi-chain future.
While EOS uses the C++ programming language, the EOS EVM runs decentralized applications written in Ethereum's programming language, Solidity.
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.
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 price started a fresh increase from the $1.12 support against the US Dollar. The price is now trading above $1.15 and the 55 simple moving average (4 hours).
As the cryptocurrency landscape evolves, two projects have consistently been making headlines – Matic (Polygon) and EOS. Both platforms have their unique advantages and serve distinct purposes, but how do they stack up against one another in terms of project vision, team, and community?
Crypto market: how are Eos.io (EOS), Bancor (BNT) and Xen (XEN) performing? What are the latest pieces of news involving the cryptocurrencies just mentioned? Here are all the details.
In a world constantly evolving with new technological advancements, the cryptocurrency market has become a hot topic for investors seeking the next big thing. Among the eagerly awaited developments, EOS's release of the Ethereum Virtual Machine (EVM) on April 14 has caught the attention of crypto enthusiasts worldwide.
BTC, ETH, MATIC, HBAR and EOS are likely to pick up momentum if they cross above their respective overhead resistance levels.
EOS price started a fresh increase from the $1.06 support against the US Dollar. The price is now trading above $1.12 and the 55 simple moving average (4-hours).
EOS has launched a testnet for its Ethereum Virtual Machine (EVM) feature ahead of its scheduled April release. The EVM is integrated within an EOS smart contract to provide users and developers with high-speed transactions at low fees.
EOS price has dropped by almost 5% despite positive development about EOS launching its EOS Ethereum Virtual Machine (EVM) feature on the testnet. EOS token price has been sea sawing since mid-March after the drastic fall between March 3 and March 11.
The fully operational emulation of Ethereum EVM housed within an EOS smart contract is available for blockchain enthusiasts as EOS EVM developers rolled out a public testnet.
Ahead of the mainnet launch in April, EOS Network launched its EOS Ethereum Virtual Machine (EVM) feature on the testnet on 28 March.
The network is the final testnet before a mainnet deployment in April as part of a broader revival plan for EOS.
EOS price started a downside correction from the $1.200 resistance against the US Dollar. The price is now trading below $1.15 and the 55 simple moving average (4-hours).
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.
EOS Network has promised to fund developers with the sum of $100 million.
Over the last 24 hours, several china-related cryptocurrencies have shown significant growth, highlighting their names among the highest gainers of the top 100 crypto coins by market cap. The recent surge in these coins may not have a clear-cut explanation, but it could coincide with the increasing adoption of cryptocurrencies amid the U.S. Bank crisis.
The commitment comes ahead of next month's launch of EOS Ethereum Virtual Machine (EVM).
Yves La Rose, creator and CEO of the EOS Network Foundation, has announced a large investment in the EOS EVM and GameFi projects.
EOS price started a fresh decline from the $1.15 resistance zone against the US Dollar. The price is now trading below $1.15 and the 55 simple moving average (4-hours).
The native token of the EOS Network [EOS] suffered a great loss in value following the crypto market tumble. Many altcoins experienced the same fate.