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EOS token holders expected to complete Ethereum [ETH] address registration before 2nd June

Laira Rebecca

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EOS token holders expected to complete Ethereum address registration before 2nd June
Source: PxHere

As the EOS Mainnet is approaching on 2nd June, we can see a huge number of updates and announcement coming up on a daily basis. The entire EOS community including the token holders and the developers are waiting for the blockchain shift from Ethereum to EOS’s separate blockchain.

Tweet by EOS

Tweet by EOS

The EOS team has mentioned earlier about the various important changes that would take place during the Mainnet launch. However, some of the cryptocurrency holders still seem to be unclear about the upcoming changes. The investors are continuously posting various questions on social media platforms concerning their existing investments on different exchange platforms.

Farz, a cryptocurrency follower says:

“If you register tokens through MEW, and you are a US citizen, what will happen? How would they know”

A Twitterati named SUN OF MAN says:

“will the exodus wallet work for registration and airdrops?”

James Runavich, another Twitterati commented:

“Will USA residents be able to purchase with http://Block.one ’s blessing after launch? Will USA buyers even need a blessing?”

EOS recently tweeted about a notice by Block.one for all the EOS token holders on Ethereum address. Block.one is an open source software company, specialized in various blockchain based projects. EOSIO is their first blockchain project wherein they built a number of decentralized applications.

Before 2nd June 2018 at 21:59:59 UTC, all the EOS Token [ERC-20] holders must visit the EOSIO website and navigate to the “EOS Token Distribution” section. 

The token holders are required to click the “Get EOS” link and accept the agreement terms provided on the next page. Under this section, all the instructions and details to register the Ethereum address registration are provided. 

By completing the registration process, all the addresses and associated balances can be identified after the release of EOSIO v1.0.



Block.io team mentioned that:

“The instruction page is unavailable in the US and China as EOS Tokens are not being offered or distributed by Block.one to US persons or Chinese persons.”

All the token holders can contact their respective exchanges for information on current address registration status and technical specifications for the upcoming EOSIO v1.0 release. The Ethereum address registration process will not be undertaken by Block.one.





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Laira is a full-time writer at AMBCrypto. She is a Computer Science graduate and she has about 1-year experience in writing. Her enthusiasm and keen interest in developing her knowledge about blockchain and cryptocurrency led her to be a part of AMBCrypto. She currently does not hold any value in cryptocurrency or its projects.

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Guest Author

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





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