Building upon the techniques introduced in [15], for any $\theta <\frac{1}{10}$ we construct periodic weak solutions of the incompressible Euler equations which dissipate the total kinetic energy and are Hölder-continuous with exponent $\theta$. A famous conjecture of Onsager states the existence of such dissipative solutions with any Hölder exponent $\theta <\frac{1}{3}$. Our theorem is the first result in this direction.