News

Huobi Denies Involvement in Alleged EOS Voting Manipulation

Huobi has refused any involvement in the alleged Eos collusion rumors that appeared last week .the allegations of collusion of Eos block producers is held firmly on the of reports that four senior executives recently resigned from a block .one, the EOS company.
On Wednesday ( September 26, 2018), a published spreadsheet appeared that show many EOS BP involved in joint voting. According to local sources in China, the complex voting manipulation seems to be between China-based block producers. In case 1, the exchange votes for 20 other officials, and in the same case 16 of those vote for Huobi.  Maple Leaf Capital provided a detailed analysis of the leaked spreadsheets. In this case, Huobi is shown to the vote for 20 other providers, with 16 of them returning the favor .the analysis also suggests Huobi voted for three blocks manufacturers in exchange for a percentage return.
While the evidence presented in the case appears overwhelming,  most of the cryptocurrency fans believe it is a fuss about nothing. eosview, in Reddit, wrote a personal analysis of the situation that makes the uproar appear as nothing but fud.
“if they have a secret as those people say, they think about how those colluders would have to invest on it .price would definitely keep going up; it depends on how much they want to control it”. On Saturday, Coinshares CSO commented:
“the best part about $EOS is this won’t matter one bit. investors care about returns, not ideologies.
the politics of decentralization are a farce at best”
To some it is irrelevant, but if it is true, it would be bad for Eos reputation. For critics of the project, this points to the lack of decentralization of the voting processes.

Related posts
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTETFNewsxbtusd

Bitcoin May Never Go Below $50k Once An ETF Is Approved, Declares On-Chain Analyst

Bitcoin may never drop below $50k asserts on-chain analyst Ki-Young Ju. But as usual, there are conditions that follow this possibility. In a tweet, Ju analyzed that Bitcoin could follow the same path that gold took in 2004 when the first…
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Quarterback Star Tom Brady Breaks Internet After Showing Interest In Bitcoin

Tom Brady, the American athlete who is widely regarded as the “greatest” quarterback in NFL history is the latest celebrity to show interest in the world’s most valued cryptocurrency Bitcoin. Brady who has a massive Twitter following of 1.9 million…
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Almost $200 Billion Worth Of Bitcoin Is Currently At Risk – Report Warns

A recently published 2021 crypto report by Opimas LLC, a finance-based management consultancy firm, has revealed that approximately 3,480,000 out of the world’s mined 18.5 million Bitcoin, stands vulnerable to attacks as a result of improper safekeeping. The 36-page report…