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Abu Dhabi authorizes the IOTA ecosystem DLT Foundation under ADGM


IOTA Foundation has announced that it will now work with relevant authorities in Abu Dhabi, UAE, to boost its digital infrastructure. ADGM, an acronym for Abu Dhabi Global Market, has now registered the Foundation. This makes the IOTA Ecosystem DLT Foundation the first such player to have received...

IOTA Rolls Out $100M Abu Dhabi Foundation, Targets Middle East


Source: Adobe/prima91 Open-source blockchain platform IOTA has unveiled its Abu Dhabi Foundation as part of its strategy to kickstart its Middle East expansion plans. IOTA is the first #DLT Foundation regulated with @ADGlobalMarket in #AbuDhabi ????????! The new #IOTA Foundation will be seeded with...

Crypto Exchange Kraken Helps UK Police Return $2 Million to Scam Victims


Source: Adobe / Matteo Benegiamo Crypto exchange Kraken has partnered with the UK’s South East Regional Organised Crime Unit (SEROCU) to return nearly £2 million ($2.4 million) worth of stolen crypto to victims of a scam. Following the arrest of 40-year-old Dutch national Wybo Wiersma,...

IOTA introduces Slot Commitment Chains


IOTA has introduced a cryptographic commitment. Slot Commitment Chains help to sync ledger data among nodes by eliminating unnecessary pieces of information and compressing imperative pieces into local snapshots. Slot Commitment Chains is live on IOTA 2.0, establishing that IOTA will continue...

IOTA’s Nakamoto Consensus: A new DAG twist


IOTA has introduced the IOTA 2.0 consensus mechanism. It has been built on Nakamoto Consensus to tackle the challenges of Tangle, which are dynamic and interconnected in nature when it comes to ledger. The objective is to create a more adaptable and robust consensus model while making sure that...

Best Crypto to Buy Now October 13 – Filecoin, IOTA, The Sandbox


New revelations from former Alameda Research CEO Caroline Ellison surfaced today regarding the crypto hedge fund's financial relationship with FTX prior to the exchange's collapse. Speaking to Alameda staff in Hong Kong last November, Ellison acknowledged the firm borrowed large sums from...

IOTA Foundation is set to release IOTA 2.0 Protocol Update


The IOTA Foundation recently talked about its upcoming IOTA 2.0 protocol update. The venture has been researching and prototyping the update for years. The goal of the update is to facilitate digital autonomy across the web. Besides this, IOTA is also pushing its Stardust upgrade on October 4 at...

IOTA Aims for a Comeback with Network Enhancements and Ecosystem Fund


The once-prominent crypto project IOTA is planning a resurgence with a series of initiatives aimed at boosting network development and token value. After losing market share to newer blockchains following a hype-fueled rally in 2017, IOTA is set to release an upgraded network, known as IOTA...

IOTA makes 4 key decisions with the Stardust upgrade


IOTA has announced its four key decisions. These have come at a time when it is simultaneously introducing the Stardust upgrade. Making this interesting is the $IOTA tokenomics, which is set to evolve for the better. The overall objective of IOTA is to expand the utility and token economies that...

IOTA announces launching establishment in Abu Dhabi


IOTA has announced that it is expanding its footprint in Abu Dhabi, UAE, by launching an establishment in the region. It has been stated that the new office will comply with the relevant regulations and support the technological initiatives of the authorities. Moreover, IOTA has committed...

IOTA Tangle aims to make traffic management more efficient


A patent has unveiled IOTA Tangle, gaining momentum with bringing a blockchain-based solution. This majorly pertains to the management of traffic amid the rise in self-driving cars. The future is electric and probably driverless vehicles. Not the idea to increase unemployment but to have more...

Best Crypto to Buy Now 1 June – IOTA, Litecoin, Stellar


Despite recent legislative action in the United States to avert a government debt default, Bitcoin and other leading cryptocurrencies are experiencing price declines. This drop coincides with the U.S. House of Representatives voting to suspend the national debt ceiling. The bill passed 314 to...

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