Tag: IOTA

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IOTA joins Japanese gov’t on blockchain-based maintenance project

The IOTA blockchain finds a use case in industrial maintenance. The IOTA Foundation, a non-profit organization behind the IOTA blockchain, is collaborating with Japan’s government on a project targeting industrial infrastructure. The foundation has partnered on a project initiated by major Japanese maintenance companies, Best Materia and IMC, IOTA representatives announced on Oct. 27. The…
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IOTA Revs Its Engines for Mainnet Upgrade Launch

Chrysalis is barely a week away from going live. The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week. According to a tweet published by the IOTA Foundation, the upgrade will allow the network to process 1,000 transactions per second, and will…
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Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC

The Crypto Rating Council brings more regulatory clarity to crypto by analyzing whether certain coins constitute securities. The question of whether certain cryptocurrencies constitute securities is becoming increasingly relevant within the blockchain industry. As such, some core players in the space are upping their efforts to bring more understanding to the issue. The Crypto Rating…
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Nodle Outgrows Stellar, Begins to Migrate to own Blockchain

IOTA competitor Nodle Network, which has five million active nodes, is moving from Stellar to its own blockchain. Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet. Nodle is a decentralized network provider that specializes in detecting…
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Madrid Team Builds Iota-Based Decentralized Information Platform to Combat Coronavirus

A team based in Madrid, one of the epicenters of the coronavirus pandemic, has released an Iota Tango platform that helps combat the coronavirus. A team based in Madrid, one of the epicenters of the coronavirus pandemic, has released an Iota Tango platform that helps combat the coronavirus. AidSquad GeoDB is a decentralized peer-to-peer big…
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Iota Network Relaunched Following Trinity Wallet Theft

The Iota network has been down for almost a month following a $2 million theft from the platform’s Trinity Wallets. After almost a month following a massive hack, the Iota Foundation has brought their network back online. The Iota network was relaunched on Tuesday following the Feb. 12 attack on the platform’s Trinity Wallet software.…
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IOTA Founder Confirms He Will Repay Victims of $1.97 Million Hack

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. On Feb. 12 Iota (MIOTA) suffered an attack targeting its official desktop wallet. The Iota network went offline on the same day, and has remained down since. On March 6, David Sønstebø,…
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Iota Lays Out Plan to Re-Enable Network After 20 Days Offline

With Iota’s “coordinator” node still on hold since the breach came to light, experts are still unclear on the extent of the hack. For over two weeks now, the Iota network has been down, with MIOTA token-holders being unable to facilitate any transactions since Feb. 12. This is because a hacker was able to make…
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IOTA Urges Trinity Wallet Users to Use Seed Migration Tool

The IOTA Foundation is strongly recommending users of its official wallet to immediately change their passwords. Responsible for one of the top performing cryptocurrencies, IOTA is continuing to release new information in response to a Feb.12 hack on its official wallet.  According to a Feb. 19 status update, the IOTA Foundation strongly recommends users of…
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IOTA Updates Trinity Desktop Wallet to Partly Address Recent Hack

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. Following an apparent hack of IOTA (MIOTA) official wallet on Feb. 12, the IOTA Foundation has released a safe desktop version of the Trinity wallet. According to a…
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