EOS Financial News

04.08 / 20:51

Progressive Airlines EOS resolution NCLT seeks update on Go First resolution process in 10 days

National Company Law Tribunal Friday directed Go First's resolution professional to file an additional affidavit informing the tribunal of the progress in resolution process, including a report on maintenance of aircraft and engine lessors' assets, within the next 10 days. Aircraft and engine lessors' of the airline had informed the tribunal that maintenance of assets was not taking place as per the tribunal's directions.

27.07 / 16:19

Law regulation Altcoin ICO EOS Court Block.one ICO damages ‘far beyond’ $22M, ENF founder says

The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose.

26.07 / 14:35

Blockchain Law regulation EOS Court EOS Foundation to sue Block.one on failure to honor $1B commitment

The EOS Network Foundation (ENF) is the latest entity to initiate legal action against major investor Block.one (B1) over failure to honor $1 billion investment commitments.

12.07 / 13:33

Aviat Manufacturing Airlines EOS Delhi HC refuses stay on lessors inspecting Go First aircraft

Go First's resolution professional (RP) challenging an earlier order that allowed lessors to inspect the airline's aircraft and their parts at regular intervals. Lessors can now carry out inspections regularly. Additionally, the bench comprising chief justice Satish Chandra Sharma and justice Sajeev Narula has given the Directorate General of Civil Aviation (DGCA) 15 days to grant approvals to the airline for resuming operations. On 5 July, a single-judge bench of the Delhi High Court permitted the lessors of the airline to inspect and carry out maintenance work of Go First's 30 aircraft within the next three days.

09.07 / 18:45

markets Altcoin solana EOS Bitcoin Bitcoin Price Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout

Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago.

07.07 / 00:41

Provident Aviat Airlines EOS IBC plane Go First to challenge Delhi High Court order restricting removal of plane parts

The resolution professional of Go First is set to challenge a Delhi High Court order that restricts the airline from removing parts from planes, said people with knowledge of the matter. The order will make revival of the airline difficult, they said. Separately, the Go First resolution professional Thursday pleaded before the National Company Law Tribunal (NCLT) not to extend the Delhi High Court order allowing eight lessors to inspect planes and carry out maintenance of the airline's aircraft.

05.07 / 18:39

Cooper Aviat Airlines EOS HC allows Go First lessors to inspect aircraft

₹10,800 crore. On 10 May, the NCLT Delhi admitted the plea and declared a moratorium for the company. The suspended board of directors were directed to cooperate with the Insolvency Resolution Professional (IRP) to avoid layoffs.

03.07 / 01:25

EOS GHCL director fails to get enough votes to be reappointed

GHCL's proposal for the reappointment of promoter and non-executive chairman Sanjay Dalmia to the board failed to get enough votes at its annual general meeting held on Saturday. As much as 67.73% of the shareholders at the AGM voted in favour of the special resolution, while 32.27% voted against. «The resolution was defeated as it needed to be supported by 75% of the total voting,» the company said in a regulatory filing on Saturday.

08.06 / 13:05

Blockchain EOS community EOS turns 5, celebrates the community’s effort to rebuild

Celebrating the 5th anniversary of the EOS Network, the team behind the protocol highlighted the importance of the community as it looked back on the many challenges it had to face to revive the scalability protocol.

06.06 / 19:58

Blockchain Ethereum BLOCK Progressive Platform EOS Sony 5 Promising Blockchain Layer-1 Networks To Watch In 2023

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28.05 / 22:39

markets Ripple XRP Aave EOS Bitcoin Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow

The United States looks to avoid a catastrophic debt default after the White House and the House Republicans agreed upon a tentative deal on May 27. The U.S. equities markets rallied in anticipation of the deal on May 26 and the positive sentiment has rubbed off onto the cryptocurrency sector, which is attempting a recovery.

24.05 / 11:09

Blockchain UPS Ethereum Platform ICO EOS Invest In InQubeta (QUBE), EOS (EOS), And The Graph (GRT) For Explosive Growth in 2023

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23.05 / 12:39

Blockchain Ethereum Provident Platform Gap Discover EOS InQubeta (QUBE) Presale Goes Viral, Surpassing Algorand (ALGO) and EOS (EOS) in Popularity

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14.04 / 00:21

Blockchain EOS Scalability EVM EOS EVM to allow interoperability across Ethereum, EOS

EOS EVM emulates the Ethereum Virtual Machine (EVM) and allows for the deployment of decentralized applications (DApps) written in Solidity, the programming language used by the vast majority of web3 developers.

02.04 / 22:01

markets Polygon Ether price EOS Bitcoin Bitcoin Price Support Bitcoin price turns $28K to support, opening the door for ETH, MATIC, HBAR and EOS to breakout

The market witnessed a major banking crisis in March as Silicon Valley Bank and Signature Bank failed and Silvergate Bank entered liquidation as the result of dire financial distress. In Europe, the government brokered a forced takeover of Credit Suisse by UBS. Still, the United States equities markets and the European stock markets closed the month on a positive note.

28.03 / 15:23

Blockchain security EOS USDC Fidelity Testnet network EVM Today in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live, OKX to Apply for Hong Kong License

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.03 / 12:37

Ethereum EOS Testnet EOS takes Ethereum Virtual Machine for a spin: Testnet launch now live

Ahead of the mainnet launch in April, EOS Network launched its EOS Ethereum Virtual Machine (EVM) feature on the testnet on 28 March.

27.03 / 06:11

Blockchain UPS Digital Platform Action EOS EOS (EOS) and The Sandbox (SAND) See Renewed Price Action, Here's Why Orbeon Protocol (ORBN) Is Set For Further Gains

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11.03 / 12:37

Digital Extreme Action CoinMarketCap EOS Bitcoin Assessing EOS agony as Silvergate shutdown leads Block.One to count losses

The native token of the EOS Network [EOS] suffered a great loss in value following the crypto market tumble. Many altcoins experienced the same fate. However, for EOS, the case was not just related to an across-board Bitcoin [BTC] drawdown.

10.03 / 16:23

Blockchain UPS Ethereum Citi Provident Digital EOS Upland Has Sparked A Stunning Revival In The Fortunes Of EOS

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06.03 / 21:53

Blockchain UPS Ethereum Provident Ripple Platform EOS week Cryptocurrencies To Watch: Week of March 6

The cryptocurrency market is holding tight at its current ranges. News of crypto bank Silvergate Capital (SI) potentially being investigated by the U.S. Department of Justice and delaying its annual report sent ripples through the market late last week, but may not have a significant impact. On the whole, it was a middling week for crypto.

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