User to be Able to Win DEOSBet's Jackpot for 24 Times

Looks like user is a super lucky gambler or a hacker
10 September 2018   581

Decentralized application on EOS DEOSBet blockchain lost a significant part of its operating assets, after one "lucky" player won $ 24,000, TheNextWeb reports.

In less than an hour, the gambling application DEOSBet paid a jackpot to one user for 24 times. The owner of the account under the name "runningsnail" contributed 339 EOS ($ 1,695) and, after exploiting the vulnerability, will be able to leave with 4 700 EOS (about $ 24,000).

We are back up and running with EOS game for last 6+ hours. Yesterday, we got a malicious contract exploit our contract. it is a good stress test and we got significant improvements on contract level. Keep doing what we do, remember we are still in beta!
 

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A lucky account was created just one day before the operation. Data from the EOS blockchain show that the runningsnail account has repeatedly enrolled a jackpot of 197 EOS size (about $ 1,000).

Winnings, apparently, were automatic. Each time the player transferred 10 EOS, the jackpot was paid to him on average in 30 seconds.

While the user holds most of the winnings at his account, but a small amount he already used in other similar applications, perhaps in search of another easy goal.

EOS to Become Transaction Volume Leader

EOS transaction volume to exceed Bitcoin's, Ethereum's and even Tron's
15 January 2019   306

According to the Coinmetrics analytical resource, EOS has become the absolute leader in terms of transaction volume.

Tron blockchain activity is approx twice lower than EOS. The volume of Ethereum transactions is about 11 times smaller than that of EOS. Also note that XRP is slightly higher than bitcoin in this parameter.

CoinDesk analyst Peter Ryan emphasizes that transactional activity in smart contract platforms is usually much higher than that of cryptocurrencies, which mainly function as a means of preserving value.