“Raises $4B, offers to pay only $10k for catastrophic bugs 2 days before mainnet launch. Strange,” Litecoin founder, Charlie Lee reckoned. EOS price has several support zones at $12.00, $11.00 and $10.00. EOS is still locked within the descending channel we explored in the morning. Besides, the crypto seems to have lost momentum above $12.00. The gap between the moving averages is widening to show that selling pressure never left. EOS is launching its blockchain in less than three days, but it had to deal with vulnerabilities unearthed by a research firm yesterday. Litecoin founder, Charlie Lee has been alarmed by the announcement that EOS will be giving away only $10,000 to expert bug finders ahead of the mainnet. The tweet by Daniel Larimer, EOS co-founder called for bug finders to assist the team in unearthing vulnerabilities in the blockchain. His tweet read: “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.” However, Charlie Lee finds this strange especially after EOS announced that it had raised $4 billion in the crowdsale. Charlie Lee said: “Raises $4B, offers to pay only $10k for catastrophic bugs 2 days before mainnet launch. Strange. And quite a few other concerning issues with EOS. This will also be one of the biggest ERC20 token to blockchain launch. Should be an exciting day!” Although the Stochastic is still in the overbought regions, EOS price is on the verge of another downside breakout if the support at $12.00 gives in. On the upside, the Fib retracements coincide with the descending trendline, placing the target at $13.00 and $16.00 respectively. However, other support levels present include $11.00 and $10.00. If EOS/USD breaks below $10.00 the next demand area falls at $9.00. EOS/USD 3-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US stocks rebound after yesterday’s selloff FX Street 5 years "Raises $4B, offers to pay only $10k for catastrophic bugs 2 days before mainnet launch. Strange," Litecoin founder, Charlie Lee reckoned. EOS price has several support zones at $12.00, $11.00 and $10.00. EOS is still locked within the descending channel we explored in the morning. Besides, the crypto seems to have lost momentum above $12.00. The gap between the moving averages is widening to show that selling pressure never left. EOS is launching its blockchain in less than three days, but it had to deal with vulnerabilities unearthed by a research firm yesterday. Litecoin founder, Charlie Lee has been alarmed… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
