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Altcoin News

EOS Bug Bounties: Five Critical Issues Discovered

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The company behind the fourth-largest crypto by market cap EOS, EOS.io has handed bug bounties and discovered five critical weak spots for this year according to the data from HackerOne that we are looking into in today’s altcoin news.

At the start of January, more than $40,700 was awarded to multiple white hack hackers that worked on the EOS.io platform and right after that, another researcher received a $10,000 bounty as well. Five of those bounties were equal to $10,000 each and this is reportedly the highest possible reward by this company that is given only for the most critical vulnerabilities found.

The company behind TRON also awarded four bounties since January and one of the found the most critical type of bug which cost the Tron Foundation $22,700 in total. Vulnerabilities were also discovered in other companies mainly by CobinHood and Coinbase for bugs that were found in lower vulnerability levels.

All of the critical spots reports show that the awarded bounties are undisclosed and the details are not available for the public. EOS has managed to keep its price stable and only lost about half a percent of its value in the past 24 hours and currently is trading at $2.40.

In December 2018, researchers were awarded by nearly $900,000 and EOS was one of the companies that paid the highest and was responsible for 60 percent of the bounties that were handed over.

China, on the other hand, has finally released its government-sponsored rankings of the top cryptocurrencies and according to the rankings EOS is at the top while Bitcoin was at number 15.

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Altcoin News

Five Altcoins To Watch This Spring Besides Bitcoin: Analysis

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five altcoins to watch
Five altcoins to watch this spring include some of the best performers on the market as the coming altcoin news show us. 2019 was a great year so far for some of the cryptocurrencies which is why we are about to show which ones can give you the benefit that you desire. This month was a great month for most of the cryptocurrencies especially for the top five altcoins by market cap including Bitcoin after it increased up 35 percent so far. The entire market added about $40 billion in less than 30 days while the other altcoins followed. That’s why we have a list of the altcoins that had the best performance so far. Binance Coin (BNB) is among the top five altcoins to watch the next period since it was many times proclaimed as the best performer since the start of the year. The BNB coin is the best performer because it managed to increase by up to 300 percent and is now trading at $24.29. Also, a couple of days ago, BNB breached its former ATH value and it’s the first altcoin to reach an all-time high since the bitcoin crash in 2017. Another one on the five altcoins to watch list is the Basic Attention Token (BAT). This altcoin is another one of the best performers for 2019. The altcoin managed to increase up to 200 percent in only one year. BAT is trading around $0.39 despite being 7 percent down in a period of 24 hours. The BAT token was a project of both the founder of Mozilla and Firefox and it represents an open-source decentralized protocol. Moving on to our top five altcoins to watch list we have Litecoin (LTC) which is currently trading at $78.63. The altcoin had a decent rally since the start of 2019 and it increased up to 150 percent against the US dollar. The list gets longer by adding the EOS cryptocurrency which doubled in value since the beginning of 2019 by more than 100 percent. Last on the five altcoins to watch list is Ripple. Its performance might not be as great as the others but it stayed relatively strong despite the growing competition. XRP saw a slight decline of 7 percent against the USD and is now according to analysts as we mentioned in the latest cryptocurrency news, reached its worst year so far.
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Altcoin News

Ripple’s XRP Token Is Officially The Worst-Performing Asset Of 2019

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Ripple' XRP token is off to a terrible start in 2019. Just after Bitcoin managed to conquer the bull territory back, the third largest altcoin by market cap crashed by 16 percent. Following the price movements, we read the analysis in the coming altcoin news below. The crypto asset is now the worst-performing asset among the top ten cryptocurrencies. While the entire market goes into bull territory again, Ripple's XRP token started to pull back. It also pulled back during the trading session yesterday and it crashed by 7 percent reaching a price point of $0.03 price mark. The altcoin is continuously underperforming bitcoin but also the entire crypto market. The crypto market massively improved in the first couple of months of 2019. For example, Bitcoin surged up to 43 percent since the year started. The number one cryptocurrency even managed to outperform most of the stock market. Rather than Ripple (XRP), other cryptocurrencies also performed well. Litecoin for example, increased up to 135 percent since January while EOS increased up to 82 percent. The most popular coin currently, the Binance Coin surged up to 283 percent. However, Ripple (XRP) failed to join its peers and was left stuck 92 percent lower than its all-time high of $3.84. As the best cryptocurrency news sites wrote, there was a lack of price action behind the digital asset. The company is currently trying to provide international remittance technology for major banks. But despite the efforts, only a few financial institutions are actually using the XRP token for liquidity. The CEO of Ripple Brad Garlinghouse, was very positive back in the past when he claimed that ‘’dozens of banks will be using Ripple’s xRapid service.’’ So far, there is only one licensed bank to use the xRapid system. The system is not yet ready to change the entire finance industry. Traders are still coming back to the traditional methods since they don’t trust cryptocurrencies as much. The selling point of Ripple's XRP token was decreased right after JP Morgan and Facebook entered the crypto industry. The industry was shaken when the new JPM Coin was introduced earlier this year and some analysts believe that this was one of the reasons that lowered down the XRP’s action.
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Tron Casino Goes Missing, Players Left With Worthless Tokens

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Tron casino DooTron, a popular gambling dapp vanished over the past week and gamers were left with useless tokens without a word. Before vanishing, the dapp launched a second game named ‘’Shoot’’ which issued a second token. Let’s find out more in the latest cryptocurrency news below. This Tron casino as with the others works by letting the players earn a casino-centric token for each bet they place. This means that when the players place more bets, they will receive more tokens. Further, they are able to sell the tokens or keep them to earn dividends from the profit pool of the casino. Some of the casinos provide up to 70 percent of their profits to the dividend pool. This Tron casino is similar to the EOS-based casinos meaning they let the users purchase the tokens on the market and later have the ability to earn a dividend from the casino operations. DooTron.com had two tokens: Doo. Doo and Shoot. The first one was obtained in the Hi-Lo game that allowed users to choose from multiple options in the different versions of the Hi-Lo game. The second token that the Tron casino issued was another twist on Hi-Lo so players earn a token for each bet. The games based the results on the unpredictable blockchain. The hash was interpreted to determine the result so it would be harder to rig the traditional models. The more popular a casino is, the tokens are easier to mine. Each token is mined through play. The first casino to offer games like these was TronBet.io which issued the ANTE token currently worth over 20 TRX each as reported in the altcoin news. According to the Tron casino data, about 59,082,099.596981 Doo tokens were mined during the time the casino was online. However, more than 12 million of the tokens are now frozen and there are also no dividends available as well. The SHOOT tokens reached up to 1.4 million to be frozen. Both of the tokens were delisted on multiple exchanges. Currently, there is an ongoing investigation about the disappearance of the Tron casino. The motive is still unknown and people on social media are really upset.
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The Great Altcoin Boom May Be Around The Corner

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the great altcoin boom
The great altcoin boom is a phrase that is used to describe the rise of the altcoins which could be very possible in the coming weeks, according to analysts and many best cryptocurrency news sites. Despite this altcoin craze, the valuation of the crypto market recently fell from $181 billion to $176 billion and lost more than $5 billion on a single day. Analysts are now predicting that while Bitcoin is slowly retracing from $5,600 to $5,400 - the altcoin season may has its 5 minutes now. This altcoin boom, as the coming altcoin news show, could be led by any virtual coin but is expected to be initiated from cryptocurrencies such as Ethereum (ETH), Ripple (XRP) and EOS (EOS) which are now recording losses in the range of 2 to 6 percent and demonstrating a red scenario. If Bitcoin continues to surpass the key resistance levels above $6,000 by next month and stabilizes at a high level, traders expect to see the great altcoin boom and the profitable "altcoin season" to emerge. Normally, the crypto market sees some altcoin action when Bitcoin starts engaging in sideways price action or is stable in a tight price range. Even though this does not mean that new capital is injected into the altcoin market, it suggests that some existing investors in the crypto market are getting more comfortable making riskier bets - thereby initiating the great altcoin boom. https://twitter.com/SatoshiFlipper/status/1120529569059151873 Some traders still see risk and could not predict the start of the great altcoin boom. According to "The Crypto Dog" who shared his opinion on Twitter:
“Rug pull senses tingling. I managed to make it here up in $BTC, up in $USD. Going to keep it that way – tethering ~75% of my $crypto holdings. Playing with the rest. Maybe I get left behind, but I don’t think so.”
Despite Bitcoin's increased dominance which now sits at its all-time high of 54.2%, the technical perspectives show that the great altcoin boom on the market is likely to produce a boost - and that the future altcoin news may show us a lot of new capital and confidence from investors. However, this altcoin boom is only possible if Bitcoin sees a strong upside movement and stabilizes above the crucial resistance levels. Currently, the daily spot volume of BTC is at around $580 billion which is still a big up since the first week of March - and a good sign that the great altcoin boom may be around the corner.
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