IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem.
The IOTA team has been preparing for its token launch on the exchange for two years and now finally the technology is mature enough to go live.
The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem.
As part of this development, the IOTA Ecosystem DLT Foundation shall receive an initial endowment of over $100 million in IOTA tokens over the span of four years.
Among the different cryptocurrencies in the crypto space, three have shown huge potential and use cases in recent months – IOTA (MIOTA), Chiliz (CHZ), and Pomerdoge (POMD).
Cryptocurrency is still a fledgling industry that can be volatile at times. As a result, investors must conduct a thorough study and assess a coin’s prior performance before investing huge sums of money.
Starting with Adirize DAO (ADI), an upcoming cryptocurrency set to explode.
These two players coming together will allow multiple industry players to enjoy automated data sharing across IoT platforms. They will also work together to facilitate secure communication and payments across devices.
The IOTA 2.0 DevNet Nectar went live on Wednesday, a step initiated towards complete decentralization of the IOTA Protocol. The new DevNet brings a modular architecture along with giving individual nodes the autonomy to evaluate new messages in a decentralized manner.
The official opening of the Christian Doppler Laboratory took place yesterday, with the Austrian Federal Minister for Digital & Economic Affairs Margarethe Schramböck attending the event.
Calls for the Digital Euro are increasing with warnings that Europe could fall behind other parts of the world that are advanceing their CBDCs.
ICO’s, IEO’s, and even STO’s have failed to live up to their promised hype as it became difficult for blockchain companies to raise capital through them. However, some companies have found success in the token sale model.