[vc_row][vc_column][vc_paragraph text=”Chinese media and some of the users report that dApp EOS turned out to be a scam as it sent users an error message and they were unable to connect to the service.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”A scam valued at $50 million” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Service dApp developed by a Singapore company provided its users with a wallet that can be used for holding the internal token called “Eos eco-coin”. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”With the help of it, the investors got access to the information about nodes and so on.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”EOS Ecology also functioned as a trading platform. As it can be noticed over the recent days, the dApp, w.io that represents a public blockchain has transferred a great amount of tokens via different users accounts: a little less than 20 million tokens (that appeared on Huobi exchange address) amounting to over $50 million according to the current exchange rate.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”This is the biggest scam on the EOS blockchain. In just two days the fraud has managed to empty the accounts of users who hold assets in the App. Now they have no opportunity to recover funds.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Unfortunately, the crypto sectors is crawling with fraudsters that use any vulnerabilities and disruptions just as it happened to the systems of decentralized finances which resulted to millions of dollars’ losses because of Uniswap and dForce hackings.”][/vc_column][/vc_row]
Other
BIGG Digital Assets Inc. collaborates with the International Association for financial crimes
[vc_row][vc_column][vc_paragraph text="Traditional cybersecurity agencies enter into partnership agreements with blockchain companies to get help in studying cryptocurrencies."][/vc_column][/vc_row][vc_row][vc_column][vc_heading title="Blockchain company will ...
Blockchain
Most Chinese technological startups study blockchain technology
[vc_row][vc_column][vc_paragraph text="The recent survey has shown that major part of leading Chinese startups study blockchain."][/vc_column][/vc_row][vc_row][vc_column][vc_heading title="Chinese-American trade war accelerates the ...
Without rubric
How will crypto markets react to the second wave of COVID-19?
The COVID-19 pandemic has accelerated technological innovation in many sectors. In particular, the digital payments sector has experienced a huge ...