Yesterday EOS price jumped on EOSIO 1.0 release

Yesterday EOS price jumped on EOSIO 1.0 release

EOSIO 1.0 release on EOS network increased the price of the coin in the past few days. 50 mln dollar fund was added to the market cap.

Blockchain developer Block.one has released a new version of their blockchain protocol on June 2. According to the company’s post, Block.one does not give guarantees that the EOSIO software will perform as planned or will be flawless claiming that developers implement EOSIO at they own risk.

Earlier this week, leading Chinese Internet security firm Qihoo 360 detected a number of high-risk security vulnerabilities on the EOS blockchain that would enable remote attacks on all EOS nodes. The vulnerabilities were reportedly fixed on the same day they were reported.

Of the top 100 coins on crypto price tracker CoinMarketCap, the EOS coin has seen rapid grown over the past 24 hours to press time. The altcoin, currently fifth largest by market capitalization, is up almost 27 percent on the day, trading at $15.35.

Yesterday, Cointelegraph reported that Block.one’s EOS had completed its year-long token crowdsale, raising a total of $4 bln, making the project the largest Initial Coin Offering (ICO) to date.

Sources:

https://cointelegraph.com/news/eos-price-jumps-on-news-of-eosio-10-release-50-mln-fund-to-support-ecosystem

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