Most of the cryptocurrency market is in the red today, as Bitcoin (available on Coinbase) (BTC) has just fallen below the $7,000 mark. But today, we’re focusing on EOS and Stellar (XLM), and their latest project updates and price.

EOS

The first EOS Global Hackathon took place in Hong Kong back in mid-June. There was a total of 80 teams that participated in the event from around the world, and $144,000 USD was awarded.

The second EOS Hackathon took place in Sydney, Australia over this weekend.

The moment you’ve been waiting for – congratulations to our winners at the #EOSHackathon in Sydney:– 1st prize: SmartPress– 2nd prize: GreenKeep– 3rd prize: TokenTree
Please stay tuned for more details on their pitches. pic.twitter.com/EC8bv0HMP7
— EOS (@EOS_io) August 5, 2018

Block.one just announced that over 200 contestants participated in the second Hackathon and they also had more than 50 teams compete. The event had 26 consecutive hours of programming, and the theme of the event was ‘Hack the Outback.’

The top three prize winners from both the first and second event will compete in the Grand Finale Pitch Competition that Block.one will hold in December.

At press time, EOS is currently trading at $6.46 a coin, down -5.34%. It seems that the results of the second event to build dApps on the EOS network didn’t boost the price of the cryptocurrency.

The next EOS Global Hackathon will take place on September 22nd in London.