IOTA (MIOTA) price recovery: tmForum and Catching the Hacker

The team working on the respected leader in third generation cryptocurrencies that do not rely on mining and other mechanisms similar to traditional digital coins – IOTA Foundation became a member of tmForum.

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IOTA (MIOTA) coin history!

IOTA entered 2015 with the work of David Sønstebø, Dominik Schiener, Dr. Serguei Popov and Sergey Ivancheglo enter the crypto world who are still running the show in the most important parts of the IOTA team. It was designed to work on a network called Tangle by Dr. Serguei Popov to run.

For the IOTA web:

The IOTA Foundation is the next-generation blockchain and was brought into being with a very clear and focused vision, the paradigm shift of the Internet of Things, Industry 4.0 and a trustless “On Demand Economy” through the establishment of a de facto standardized “Ledger of Everything ‘to enable’. The backbone of the IOT is here.

tmForums offers services such as collaboration programs and feasibility studies, industry research and benchmarks, technology roadmaps and best practice guides.

TM Forum is a non-profit industry association for service providers and their suppliers in the telecommunications industry. Members include communications and digital service providers, telephone companies, cable operators, network operators, software suppliers, equipment suppliers, systems integrators, and management consultancies. As of June 2017, the forum had over 850 member companies with combined sales of US $ 2 trillion and five billion customers in 180 countries.[1] – Source Wikipedia

Early 2018 – around 11 million US dollars of mIOTA tokens were stolen from 85 investor wallets. According to the IOTA blog post, the event will do justice:

Europol released information about the arrest of a 36-year-old man they have suspected of fraud against members of the IOTA community and others. This was a significant and extremely unfortunate event that, thanks to a combined effort by law enforcement and the IOTA community, is now on trial…. “Proud to see the collaboration between so many different units”

The co-founder of IOTA – Dominik Schiener added that only a small part of the stolen property is still not found. Also, the hacker tried to withdraw the money, but the exchanges blocked the accounts.

To achieve this success, the breadth of teamwork included the IOTA community, especially the people on the Discord # support channel, the HelloIOTA forum, the German police and crypto exchanges, which provided valuable information.

– After the rapid decline yesterday [07/02/2019] When the MIOTA / USD pair changed hands at $ 0.2325, buyers took the opportunity and approached the 14th largest coin by market cap and reclaimed the lost values ​​as they were trading at $ 0.2600 with a Increase of 7.17% in the last 24 hours is traded.

IOTA future

Source: coinmarketcap

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