2020-2-14 02:22 |
The German nonprofit, which supports several decentralized platforms, said it received several reports of fund theft from its Trinity Wallet users and decided to shut off the Coordinator node in the network for further investigation. origin »
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The IOTA Foundation has turned off the network after several Trinity wallet users had their funds drained. As per the announcement, most of the infected devices are running the Windows version of Trinity, and the attack is believed to be ongoing.
2020-2-14 12:00 | |
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The second phase of Chrysalis is progressing well, according to the latest update from the IOTA Foundation on Dec 11. Chrysalis Phase 2 Chrysalis is the intermediate stage before Coordicide. Here, IOTA will eliminate the central coordinator for a fully decentralized, infinitely scalable, and secure distributed ledger network powering the internet of things and the nextRead MoreRead More.
IOTA's 12-day outage shows the crypto markets aren't rational, at least not yet.
In an effort to promote interconnectivity between humans, machines and machine-readable contracts, the IOTA Foundation has introduced the Industry Marketplace, a decentralized and autonomous marketplace powered by the IOTA Tangle distributed ledger technology (DLT) according to a blog post on September 19, 2019.
IOTA has been one of the quietest ecosystems in the market over 2019. In fact, IOTA was last in the news after it announced its collaboration with Hackster for a user-driven contest four weeks ago.
The IOTA community was able to help gather enough evidence to allow authorities to catch an alleged hacker who stole over $11 million MIOTA tokens in early 2018. The suspect was apprehended by German Police and Europol at the end of January.