Iota News

Iota is a cryptocurrency designed for use in the internet of things, enabling secure sales and trading data streams, with no need of transaction fees and miners to maintain to operations. Iota aims to get rid of all the biggest troubles of major cryptocurrencies, such as lack of scalability, mining expenses, and slow transaction speed.

Iota is unable to have a Turing complete language in its system, making it very different from Ethereum or NEO. The world is moving forward to a machine-to-machine interactions ecosystem, and it’s in the definition of Iota to be the crypto platform fueling those transactions. In theory, Iota’s network should become the best solution for an IOT with its transaction fee-free platform perfectly suitable for machines to communicate with each other. Iota’s coin MIOTA trading, which is one of the major currencies on the cryptomarket, shows a lot of support for that idea.

The IOTA Foundation announced an investigation into reported IOTA thefts, possibly linked to the Trinity wallet.
IOTA Foundation Investigates Funds Allegedly Stolen From Trinity Wallets
Benjamin Pirus
A co-founder and former lead developer of IOTA has threatened the project’s co-founder and IOTA Foundation director David Sønstebø with a lawsuit.
Ex-IOTA Dev Threatens Foundation Director With Legal Action Over $8 Million
Adrian Zmudzinski
IOTA announced Chrysalis, an intermediate upgrade before the Coordicide that will add important features such as reusable addresses and IOTA-based tokens.
IOTA Focuses on Immediate Adoption with Chrysalis Upgrade
Andrey Shevchenko
Price Analysis
The top crypto performers of this week have resumed their up move and are now likely to rally to their next overhead resistance levels.
Top 5 Cryptos This Week (Feb 2): ETC, LTC, ADA, MIOTA, ZEC
Rakesh Upadhyay
Price Analysis
After the recent run-up, most top crypto performers of the past week are showing signs of entering a minor correction or consolidation.
Top-5 Cryptos This Week (Jan 19): BSV, DASH, ETC, MIOTA, BCH
Rakesh Upadhyay
Users of IOTA, the 24th biggest crypto by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29.
IOTA Fixes Issue After Freezing Mainnet Transactions for 24 Hours
Helen Partz
Distributed ledger technology provider Iota, Dell Technologies and the Linux Foundation are collaborating to score data based on trustworthiness.
Iota, Dell and Linux Developing Platform to Rate Data Trustworthiness
Joeri Cant
The U.S.-based branch of major crypto exchange Binance, Binance.US, has broken the $10 million daily traded volume mark.
Binance America Breaks $10 Million Daily Volume for the First Time
Marie Huillet

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