Growth received by EOS before the EOSIO launch

Over the recent 24 hours EOS raised: its current price is $15,09
02 June 2018   2647

Before the official start of EOSIO launch, the EOS coin drives the market with most extreme growth at this moment. The open source programming of the principal version of EOSIO blockchain has been officially made by Block.One on GitHub when giving a diagram of its highlights.

EOS charts
EOS charts

During the previous week, EOS market continues having its high and low moments. From $10.93, a few days back looks like in the suspence of the official run of EOSIO blockchain, EOS price has taken an upward mark. The open source programming of EOSIO blockchain 1.0 version has been made acceptable on GitHub. Block.one also shared a framework of what this new version brings to the table.

Different highlights have been compriced that integrates free rate limited transactions, low latency block confirmation of about 0.5 seconds, time delay security, inter blockchain communication, and scheduled recurring transactions. Furthermore, Low-overhead Byzantine Fault Tolerant Finality, Optional high-overhead, and low-latency BFT finality are also included along with Support for Biometric Hardware Secured Keys such as Apple Secure Enclave.

The new blockchain version has another kit of features that contain Smart contract platform powered by Web Assembly and Parallel Execution of Context Free Validation Logic. 

EOS Price at the moment of press: $15,09
Market cap: $13 518 110 551
Volume (24h): $2 285 700 000

Binance Singapore Unit to Apply For License

Under the new law, aimed at regulating crypto paymetns and trading, firms must register with the Monetary Authority to receive a license
17 February 2020   246

Binance, a Singapore-based cryptocurrency exchange unit, has applied for a license under the new Payment Services Act, which entered into force on January 28.

We have already applied. We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded.

 

Changpeng Zhao

Founder and CEO, Binance

Under the new law, crypto companies in Singapore must register with the Monetary Authority and receive one of three licenses: an exchange of money, a standard or large payment institution. The measure is aimed at regulating payments and crypto trading using requirements for participants in the traditional finance industry. Zhao did not specify which of the licenses Binance Singapore chose.

Binance has been offering crypto-fiat trading services in Singapore since April 2019 and works with eight coins, including Bitcoin, Ethereum and XRP. The trading platform is supported by Vertex Venture Holdings, a venture division of Singapore's Temasek Holdings.