The lead plaintiffs had filed incomplete and inaccurate information with the court, including unsubstantiated accusations against Block.one.
EOS, the digital asset created by Block.One, has quietly lost its spot in the top 10 digital currencies by market cap.
Plaintiffs claim Block.one purposefully provided investors with false and misleading information about EOS to draw more investors.
The EOS Ecosystem wallet app has suddenly gone dark, leaving around $52 million in held funds inaccessible by users.
The rewards-based social network being developed by Block.one has reportedly switched away from running on the EOS public blockchain.
The CryptoTime podcast explores how ICOs are getting away with unscrupulous practices and only getting slapped on the wrist.
The regulator has settled with Block.one which it had accused of raising $4.1 billion in an unregistered ICO, and resolving all matters between the two
Dapps are not only cumbersome to work with and aren’t attracting users, but they could also be home to an egregious amount of bot traffic.
South Korean cryptocurrency exchange Bithumb is assuring investors that their funds are safe after a hack that reportedly led to the loss of 3 million EOS worth $13 million.
Security researchers have discovered more than 40 vulnerabilities in the past month in several cryptocurrencies.
Hackers managed to transfer 2.09 million EOS from a hacked account reportedly due to an alleged failed update by an EOS block producer.