Most Cryptocurrencies Are More Centralized Than You Think

The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, and … Read more

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

Online IOTA Seed Generator Starts Stealing Funds From Users

Cryptocurrency users all over the world have shown a great interest in the IOTA project. Thanks to its Tangle technology, this particular currency could certainly introduce some interesting changes to the industry as a whole. Even in the world of IOTA, however, there is a chance that your wallet balance will be stolen. Various users have been affected … Read more

U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday

Additional Wall Street money might start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Also Read: Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors … Read more

PR: Essentia.one Launch Set to Revolutionize the Way We Access the Web with Decentralization

Essentia.one launch set to revolutionize the way we access decentralization. That’s right, this new product will change the way we access, manage and operate the new web. It was designed to simplify the complexity that was turning people away from decentralized technologies. The post PR: Essentia.one Launch Set to Revolutionize the Way We Access the … Read more