Cryptocurrency Number Twelve – eToro adds twelfth cryptocurrency to its list
The brokerage platform of foreign exchange, assets and cryptocurrency, eToro, which also allows its Customers doing what refers to "Copy-Trading", which allows users to copy the trading styles of other customers, has also added MIOTA to its list of existing tradable goods.
Officially, MIOTA is now a twelve-issue cryptocurrant that has been fortunate enough to find its way to eToro's digital trading platform. The last cryptocurrency to be added to the platform was Cardano, which was added in June of this year.
Early Adopter of Bitcoin
Founded in 2007, eToro was founded as a fully online platform, including access to cryptocurrency resources like Bitcoin along with other cryptocurrencies from last year. The company also stated that it has acquired a large volume of new customers in the space of one day in December compared to the whole of 2016.
In March, eToro managed to raise more than $ 100 million in funds for a blockchain corporate investment fund. One of the companies involved in this fund was also the decentralized cryptocurrency of eToro, and in June 2018, eToro announced the intention to open a London-based subsidiary that will provide support to users wishing to be involved in hedge funds.
A The subject of oracles and mobility
The IOTA, by its very definition, is not actually a network of blocks, but identified as a "transactional level of transactions and data transfer" that also uses a decentralized network called "The Tangle". This system was officially launched in 2015 with the ambition to become the first and most important name associated with "Internet Of Things".
This Internet of Things refers to the concept in which the appliances and systems we use on a daily basis will be mixed and interconnected and controlled through and through the Internet.
The founder of IOTA, David Sønstebø, in a conversation with the journalists of the "Magnates of Finance" in January 2018 stated that the team considered itself a company that was becoming a cryptocurrency.
Despite this, its associated cryptocurrency, MIOTA, has a total market capitalization of over $ 1.4 billion according to the latest data from the cryptocurrency site, CoinMarketCap.com.
With a significant share of market capitalization, there has also been a lot of news associated with IOTA and MIOTA over the course of this year. In May, for example, the IOTA Foundation signed an agreement with a government agency under the United Nations (UN) provided that it would help the international organization to better manage the logistics of managing and storing documents, improving the 39; efficiency of organizations as a result.
In July, IOTA sent a team to the Audi headquarters to work closely with the production department of the Audi teams. The goal of IOTA was to support the creation of a "mobility ecosystem without permission", whatever the desired product was.
During the month of June, IOTA was responsible for the publication of a very enigmatic and mysterious promotional video on YouTube, alluding to a new system in the works called "Qubic", which is understood as the medium through which the world interacts with your "tangle". If you take on the role of telling the system what the weather is like, then you would be referred to, by this same system, to an & # 39; Oracle.
The IOTA team, when contacted for more information about the product, defined "a platform for the community and the largest ecosystem to create things we can not even imagine".
In the month of this month (August), the IOTA Foundation has also launched its new open source protocol designed to improve the overall process of an exchange listing for its currency, also known as the IOTA Hub, which has already found an initial success to list MIOTA on the South Korean cryptocurrency exchange, Upbit.
IOTA also recently published a job announcement in August, looking for a business development manager in North America. What this shows is the intention to get more exposure to the North American market. The work in question would see the aspiring candidate based in California.
In December 2017 there was a limited amount of controversy about a semantic misunderstanding about his exact relationship with Microsoft.
CEO Yoni Assia said in a speech in April:
"The use of blockchain and crypto is and will become a way of life."