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On February 13, the IOTA network came to a screeching halt and the IOTA Foundation reports that $1.6 million worth of the native currency was stolen. The following day, the IOTA network status page still shows the mainnet is “not operational” and the development team has found an “exploit related to the Trinity Wallet.” Also … Read more
Accusations of FUD, #fakenews and similar terms are sadly all too common in the crypto world. Startups in the field are many times headed by young people, sometimes bringing a needed fresh perspective and attitude, but a few appear to completely lack the maturity needed to run a public business. In the case of IOTA … Read more
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
