EOS and Binance Coin (BNB) are up on the crypto market today, with Binance Coin taking the lead in the top 100 coin race. What’s happening to these coins? Let’s find out!
EOS is currently selling for $14.03, which puts the coin up 1.99% in the past 24 hours.
EOS’s price has been fairly steady for the past day, with no big jumps in either direction.
Before EOS launched its mainnet, a vulnerability was found in the code that could have caused devastating consequences for the blockchain network. That vulnerability has since been fixed, but Dan Larimer and his team have been on the lookout for any more bugs that may cause problems.
Notably, Larimer tweeted out a bounty to help EOS locate any remaining issues, offering up a reward to whoever could find something that needed fixing ASAP.
Help us find critical bugs in #EOSIO before our 1.0 release. $10K for every unique bug that can cause a crash, privilege escalation, or non-deterministic behavior in smart contracts. Offer subject to change, ID required, validity decided at the sole discretion of Block One.
— Daniel Larimer (@bytemaster7) May 28, 2018
Well, someone took him up on that offer.
Ethical hacker Guido Vranken found as many as 11 confirmed bugs in the EOS software in the span of a week. His reward? Nearly $120,000 – not too shabby for a week’s worth of work.
Despite the criticism Larimer and Block.one received for offering only $10,000 per bug (after raising $4 billion in the EOS ICO), Vranken isn’t upset. Would you be with $120,000?
Block.one even went so far as to offer Vranken a position with the company – although no word yet on whether he took them up on that offer. Vranken has been a successful bug tracker for blockchains, reporting bugs to Ethereum, Ripple, and Stellar.
All 11 of Vranken’s reported bugs have now been fixed by EOS, reports The Next Web.
Binance Coin (BNB)
Binance Coin (BNB) is currently selling for $16.95, which puts the coin up 16.84% in the past 24 hours.
BNB is currently the top percentage performer for 24-hour performance out of the top 100 coins today.
Not only is the market shining down on crypto right now, but Binance the exchange has made itself a new deal. Binance has partnered with chiliZ, part of the international sports and entertainment company Mediarex Group. chiliZ focuses on esports. The Binance-chiliZ partnership is banking on blockchain technology blowing up in the gaming world.
chiliZ is looking tokenize esports. Will the partnership with Binance mean BNB is the token that gets used to do so? I guess we’ll have to wait to find out.
Featured image: Alexas_Fotos via Pixabay