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.

 
News
Cointelegraph spoke with Iota’s founder David Sønstebø on his decision to repay $1.97 million in MIOTA to the victims of the recent hack.
Iota Founder Confirms He Will Repay Victims of $1.97 Million Hack
Samuel Haig
2020-03-07T21:58:00+00:00
7948
Analysis
With Iota’s “coordinator” node still on hold since the breach came to light, experts are still unclear on the extent of the hack.
Iota Lays Out Plan to Re-Enable Network After 20 Days Offline
Shiraz Jagati
2020-03-03T13:06:00+00:00
4357
News
The Iota network is set to come out of its nearly month-long vacation, as the team oversees the seed migration process following a devastating Trinity wallet ha...
Iota Prepares to Relaunch Network in One Week
Andrey Shevchenko
2020-03-02T15:23:00+00:00
4240
News
The IOTA Foundation is strongly recommending users of its official wallet to immediately change their passwords.
IOTA Urges Trinity Wallet Users to Use Seed Migration Tool
Turner Wright
2020-02-21T04:46:00+00:00
4159
News
Following a hack of IOTA official wallet on Feb. 12, the IOTA Foundation has released what it is calling a safe desktop version of the Trinity wallet.
IOTA Updates Trinity Desktop Wallet to Partly Address Recent Hack
Helen Partz
2020-02-17T17:13:00+00:00
4619
News
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
2020-02-13T19:07:00+00:00
4251
News
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
2020-02-06T12:40:00+00:00
4289
News
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
2020-02-04T20:06:00+00:00
6132

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