EOS News: $100k for EOS Wallet Bounty & Binance Supporting Airdrops

Sagar Saxena
June 13, 2018 Updated May 14, 2024
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Cypherglass, one of the EOS block producer candidates has announced the bounty to support EOS tokens in popular wallets Ledger Nano S and Trezor. Moreover, Binance announced the support for EOS airdrops: IQ, DAC, and EON.

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Cypherglass offers $100k bounty

One of the block producer candidates for EOS, Cypherglass is extremely serious about its role as it announced the bounty of $100,000 to support EOS token in both Ledger Nano S and Trezor.

The EOSIO version of EOS by Block.One was released at the beginning of this month which is yet to go live due to voting issues. Another challenge came into the form of two popular hardware wallet Ledger Nano S and Trezor that don’t support this new version.

Now, the block producer candidate Cypherglass has come to the rescue for the latter issue with a bounty. This bounty has been divided into two for each of the wallets with $50,000 reward.

In early May, Cypherglass announced its candidacy for block producer when its CEO, Rob Finch commented: “EOS is an exciting opportunity for the blockchain and general crypto community.”

The company even partnered with DataBank to ensure the reliability and scalability of EOS Network, as per BusinessWire. With its goal to educate, support and expand EOS community through infrastructure development and community building, Cypherglass joined the top 21 block producers.

Also, read: Data Reveals Skewness In EOS Tokens Ownership

EOS enthusiasts in elation, Binance’s airdrop support

Now, by offering this bounty, it has grabbed the attention of the community as EOS enthusiasts shared their elation on Reddit with positive sentiments for Cypherglass.

Redditor, Modernswan stated: “Love it! Can’t wait to see updates on this.”

While another Redditor whizzer2 shared: “Absolutely. They’ve been releasing quality stuff for a long time now, and it’s awesome. Easy vote.”

Reddit user, acyclicsteve, commented: “Yesss!!! This is how you drive adoption of the EOS ecosystem. Well done Cypherglass! Keep your foot on the gas!”

EOS enthusiast Massactpro17 said,

“Cypherglass is setting the standard for BPs (and they haven’t even been elected). Putting their money where there mouth is to help the development of EOS. Clearly cypherglass has vision and a sense of direction, but they also listen to the EOS community and work on their behalf. I can’t wait to see ledger nano s and Trezor hard wallets connected to EOS blockchain.”

Another good news came from Binance as the popular crypto exchange announced that it will be supporting the EOS airdrops, IQ, DAC, and EON.

 

In its official blog, Binance stated:

“Based on feedback received from our community, Binance would like to confirm support the following EOS Airdrops: IQ, DAC and EON. We invite these 3 project teams to email us at [email protected] to further discuss the airdrop plan, as well as the distribution details to Binance users.”

Currently, EOS is at $9.93 with a loss of about 11.69 percent in the last 24-hours. However, the entire market is right now in red with some major downward slides going on right now.

What do you think of Cypherglass’ bounty move and Binance support for EOS airdrops? Share your thoughts with us!

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Passionate about Blockchain and has been researching and writing about the Blockchain technology for over a year now. Also holds expertise in digital marketing.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.