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news-imageMarch 10, 2023

EOS Parent Block.One Books $83 Million Loss on Silvergate Equity Position

Amid the major liquidity crisis, Silvergate Bank (NYSE: SI) decided to wind down operations and move into liquidation. This is one of the first and major high-profile blow up in the traditional banking space driven by the crypto turmoil.
Publisher: Coingape
Sentiment: Negative
EOS

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September 23, 2024

EOS set for strong recovery with Spring 1.0 hardfork, eyes 95% surge

EOS has maintained bullish movements after block producers approved the Spring 1.0 hardfork, scheduled for 25 September execution. The upgrade will modernize the blockchain with a new consensus mechanism and migration from web2 to web3. Further, the EOS platform will experience enhanced scalability, network security, efficient governance, and instant transaction finality.

Positive
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July 30, 2024

EOS price stabilizes after launch of $250 million staking program

On July 8, 2024, the EOS Network introduced a transformative $250 million staking program aimed at enhancing its tokenomics and solidifying its competitive edge. The launch of this ambitious initiative has generated significant market interest, leading to a notable price surge for EOS before stabilizing at around $0.58.

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