IOTA Founder Personally Refunding Hack Losses to ‘Safeguard’ Project’s Remaining Reserves
Using his personal holdings will help protect the IOTA Foundation's 12-month runway, according to David Sonstebo.
Crypto prices climbed with traditional market indexes Monday as traders wondered if bitcoin will remain a follower or break out and blaze its own path.
Traditional markets continue to struggle during the coronavirus crisis while cryptocurrencies are seeing an upswing.
IOTA's new testnet addresses the technical feature that nuked the blockchain-like network for nearly two weeks earlier this year.
Cryptocurrency markets stabilized somewhat as traditional financial markets found some footing Tuesday.
Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up.