Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws”

Analysts have found that IOTA is trading well above any real value it might have. The project is said to have no real product market fit and the network is centralized and unstable. Additionally, the approach taken by the IOTA team, like knowingly allowing critical vulnerabilities to exist in the software, presents many reasons to be … Read more

IOTA Attacked for Subpar Wallet Security Following $4m Hack

The IOTA project is again the target of public anger and criticism. This time the issue is a feature of the technology that apparently allowed scammers to steal around $4 million from many unsuspecting users. Also Read: U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday Poisonous Seeds IOTA, the network behind the 11th … Read more