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Tag: IOTA

Multinational Giant Bosch Just Made a Large Investment in IOTA

Category: Altcoins, Business, Commentary, News, Tech

Multinational Giant Bosch Just Made a Large Investment in IOTA

Robert Bosch Venture Capital (RBVC), the corporate venture capital company of the Bosch Group, has taken its first step into the crypto world with a large investment in IOTA, a DAG-based, zero-fee distributed ledger network being developed to accommodate micro-transactions for the Internet of Things (IoT). Robert Bosch GmbH, a giant among multinational industrial companies with headquarters in Germany, produces…

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IOTA’s Tangle Protocol to Transform Taipei into a Smart City

Category: Altcoins, Blockchain, Business, Commentary, News, Tech

IOTA’s Tangle Protocol to Transform Taipei into a Smart City

The city of Taipei has joined hands with IOTA foundation to achieve it smart city goals. The capital of Taiwan is striving to integrate the technology’s “blockless” distributed ledger technology, Tangle, to its multiple programs of the smart city project. A New Era of Blockchain Smart Cities The Taipei smart city project was initiated last year in which the city…

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Malicious Online IOTA Seed Generators Allow Hackers to Steal a Massive Haul of Tokens

Category: Altcoins, News, Tech

Malicious Online IOTA Seed Generators Allow Hackers to Steal a Massive Haul of Tokens

Hackers have hit IOTA online seed generator websites. Approximately $4 million worth of IOTA tokens has been stolen by hackers, through malicious online seed generators. According to FinanceMagnates, hackers have succeeded in moving IOTA users’ funds to their wallets via seeds they got from iotaseed.io. The process of generating seeds for a new IOTA wallet is quite a herculean task….

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IOTA: A Misunderstood Cryptocurrency?

Category: Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

IOTA: A Misunderstood Cryptocurrency?

IOTA is one of the fastest growing cryptocurrencies with an enthusiastic community of fans. However, it is also one of the most severely criticized cryptocoins. Here we investigate what makes IOTA so controversial – and what value can be found in its approach to scale cryptocurrency. Disputes and Criticism: IOTA Defending Itself For a crypto writer, IOTA is currently one…

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MIT Criticizes IOTA: “Gaping Hole in its Software” and Deceptive Marketing

Category: Altcoins, Blockchain, Commentary, News, Tech

MIT Criticizes IOTA: “Gaping Hole in its Software” and Deceptive Marketing

On December 20, MIT Media and the MIT Digital Currency Initiative (DCI) issued a public statement written by DCI Director Joi Ito, refuting an article published by the institution’s own MIT Technology Review about IOTA’s potential to outperform bitcoin. MIT DCI Criticizes IOTA On December 14, MIT Technology Review’s Mike Orcutt published an article entitled “A Cryptocurrency Without a Blockchain…

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The Future of Cryptos: Byteball and IOTA vs Bitcoin and Ethereum

Category: Altcoins, Blockchain, Commentary, News, Tech

The Future of Cryptos: Byteball and IOTA vs Bitcoin and Ethereum

Cryptocurrencies have emerged from the shadows. It is hard to argue this point after the unprecedented price rise of bitcoin and the adoption of Ethereum through a multitude of industries, there’s an argument to be made that cryptos are inching ever closer to the mainstream. With this kind of attention to Bitcoin and Ethereum, certain issues with them, and the…

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The Flaws of Bitcoin and Ethereum and DAG’s Solution

Category: Blockchain, Commentary, Tech

The Flaws of Bitcoin and Ethereum and DAG’s Solution

The adoption rate of cryptocurrencies into the public at large and into general practices across a huge host of industries has been staggering. Startups have been quick to show up to wedge cryptos into their niches to solve old problems as well as creating new features in their services and way of doing business. The biggest players in this scene,…

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IOTA Partners with Cisco, Volkswagen and Others on Data Marketplace

Category: Altcoins, News, Tech

IOTA Partners with Cisco, Volkswagen and Others on Data Marketplace

On November 28, 2017, the IOTA project, an open-source ledger infrastructure, announced partnerships with some of the world’s largest companies with the intention of launching a secure marketplace for data. The list of companies is quite extensive and encompasses several industries, ranging from automobiles to consumer electronics. According to the co-founder of IOTA, David Sønstebø, some of the participating companies…

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IOTA: Coordinator Down, Price Up

Category: Altcoins, News, Tech

IOTA: Coordinator Down, Price Up

Because of a bug, the IOTA developers shut down the coordinator of the cryptocurrency. As a result, the official wallet of IOTA was not able to accept transaction confirmations for a few days. Today the situation seems to be ok; the price was not adversely affected by the drama. IOTA is a relatively new cryptocurrency with a lot of passionate…

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MIT and Boston University Researchers Find ‘Vulnerabilities’ in IOTA Code

Category: Altcoins, News, Tech

MIT and Boston University Researchers Find ‘Vulnerabilities’ in IOTA Code

MIT Media Lab researchers Neha Narula, Thaddeus Dryja, Madars Virza and Boston University researcher Ethan Heilman discovered a cryptographic vulnerability in the code of the ninth largest cryptocurrency by market share, IOTA. IOTA’s Code Vulnerability According to a blog post by Neha Narula, Director of the Digital Currency Initiate at MIT Media Labs, the researchers analyzed the repositories of the…

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