White hat hackers have been awarded $878,000 in bug bounties this year, technology news website TheNextWeb reports on Dec. 30. Bug bounties are a type of competition in which companies that develop software invite hackers to break their software and responsibly disclose the vulnerabilities, so they are able to fix them before they are exploited. According to TheNextWeb, hackers earned $534,500 on HackerOne, a bug bounty platform connecting companies with hackers just from Block.one, the company which stands behind EOS. In fact, Block.one is reportedly responsible for 60 percent of all the bounties handed in this year. Major cryptocurrency exchange …

Huobi Group plans to launch the company’s first cryptocurrency exchange — which will be dedicated to EOS — in the first quarter of 2019, according to a press release sent to Cointelegraph on Dec. 29. The exchange will be reportedly launched by Huobi Pool, the group’s cryptocurrency mining arm. Cao Fei, the CEO of Huobi Pool, described the launch of the EOS exchange as “the next logical step in our support” as an EOS Block Producer (BP). The release states that the exchange will allow clients to trade in the altcoin EOS against several other cryptocurrencies. Huobi is currently the …

Blockchain Cuties, a decentralized crypto collectible game already available on two blockchain platforms — Ethereum (ETH) and EOS — has recently added a third platform based on the decentralized protocol TRON. Blockchain Cuties has announced that the TRON version of the game will have unique content, including Cuties, items and probably locations. Future of DApps “We have been seeking an opportunity to work with TRON since June 2018 and now, we’re finally here,” Vladimir Tomko, CEO of Blockchain Cuties says. The game developer believes that adding the TRON community will give the users more opportunity in representing their Cuties in …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Crypto markets have given up some of their recent gains, which is expected. Rarely do markets bottom without forming a basing pattern. Entrepreneur Charles Shrem believes that the current dip is due to the expiration of Bitcoin futures on the Chicago Mercantile Exchange (CME) and some last minute tax selling. One good thing about …

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27. Huobi Global — which operates the world’s third-largest largest crypto spot market trading platform — launched Huobi DM last month. The new platform allows traders to trade Bitcoin (BTC) and Ethereum (ETH) contracts that aim to allow for arbitrage, speculation, and hedging. Having reportedly broken past $1 billion in daily trades on Dec. 25, Huobi DM is today expanding its crypto contracts offerings to include altcoin EOS. Huobi claims its crypto contracts …

Cryptocurrency exchange Huobi’s derivative market now supports altcoin EOS, according to an official press release shared with Cointelegraph on Dec. 28. Huobi is currently the third-ranked cryptocurrency exchange by adjusted volume on CoinMarketCap, with around $505 million in 24 hour volume at press time. Traders will reportedly be able to take both long and short positions on EOS. The decision to create the derivative contract is part of the exchange’s “ongoing efforts to address customer demand.” According to the press release, the contract will support price limit, order limit and position limit orders at up to 20x leverage. The fees …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. 2018 has not been a profitable year for most asset classes. Tightening interest rates by the United States Federal Reserve, slowing growth, trade wars and fears of a recession have led to a sharp slump in various markets. Leading crypto companies like Beijing-based Bitmain Technology, the world’s biggest producer of cryptocurrency mining rigs, and …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Christmas has brought some cheer to the crypto traders. The total crypto market capitalization has spiked by about 29 percent from just under $101 billion on Dec. 15 to $143 billion on Christmas Eve. Though it is still way below its all-time-high, the growth over the past few days is showing signs of …

China has released its latest government-sponsored rankings of major cryptocurrencies, placing Bitcoin (BTC) in 18th while awarding the top spot to blockchain platform EOS (EOS). The rankings were released in a press release on Dec. 21. China’s Center for Information and Industry Development (CCID) under the Country's Ministry of Industry and Information Technology creates the rankings, which first appeared in May this year. Now listing a total of 34 top cryptocurrencies by market cap on the premise of “basic tech,” “applicability” and “creativity,” the results have frequently courted controversy, especially with regard to Bitcoin’s consistently average ranking. EOS began ranking …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Making correct predictions is a difficult skill, even more so when it comes to cryptocurrencies. Many analysts were caught on the wrong foot with their overly bullish projections for 2018. One of the most popular analysts, co-founder of Fundstrat Global Advisors, Tom Lee, has said that in a note to clients he “will …

Thursday, Dec. 20 — crypto markets are seeing their fifth day of green, with virtually all of the top 20 cryptocurrencies showing a strong burst of growth, as data from Coin360 shows. Market visualization by Coin360 In terms of 24-hour growth, fourth-largest cryptocurrency Bitcoin Cash (BCH) has soared ahead of other assets, seeing an astonishing 36 percent spike to hit $165 as of press time. Today marks the coin’s third day of double-digit growth, and fifth day in the green. With 7-day growth over 80 percent, the coin still remains close to 50 percent down on its monthly chart. Bitcoin …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Mark Dow, a former International Monetary Fund (IMF) economist who had bet short on Bitcoin in December of last year, has tweeted that he has covered his positions. However, Dow also mentioned that he has not opened a long position and has no interest in doing so. Another prominent trader, Mike Novogratz, an ex-Goldman …