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news-imageDecember 6, 2022

IoTeX, First Web3 Project In One Of The World's Largest Open Source Software Groups

IoTeX has joined the Eclipse Foundation, one of the world's largest open-source software organizations, and will contribute to the Oniro Project working group to develop a distributed open-source operating system for all consumer devices.  IoTeX is not only the first Layer 1 blockchain project to join the EF but also the first one which explores how to integrate Web3 components into the operating system layer of IoT devices as additional services and modules.
Publisher: Crypto Daily
Sentiment: Neutral
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July 22, 2023

These 5 altcoins are ready for a massive breakout

In recent weeks, the cryptocurrency market has been on edge, anticipating a possible altcoin breakout, with investors closely monitoring alternative coins that are likely to lead the rally. Indeed, altcoins have been vying for attention, attempting to steal the spotlight from Bitcoin (BTC), one of the best performers of 2023.

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June 12, 2023

IoTeX releases W3bstream's Devnet, world's first infra for DePIN projects

IoTeX has made waves with the official release of W3bstream Devnet, positioning itself as the first-ever provider of comprehensive tools and infrastructure for building transformative Decentralized Physical Infrastructure Networks (DePIN) dApps. This groundbreaking launch is set to speed up the DePIN sector's development process, slashing costs by 10x and accelerating go-to-market time for developers from two years to about two months.

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May 16, 2023

IoTeX community votes massively in favor of bridging its token to Ethereum

In a significant development for the blockchain industry, IoTeX's community has overwhelmingly voted in favor of Improvement Protocol 21 (IIP-21), paving the way for bridging IOTX, the native coin of the IoTeX network, to Ethereum. The proposal received overwhelming support from the IoTeX community, with a final tally of 306 million IOTX (73.77%) voting in favor of the bridge, while 109 million IOTX (26.23%) opposed the proposal.

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March 29, 2023

IoTeX is building the future of mobility on DIMO

Enabling drivers and fleet operators to own and monetize their connected vehicle data IoTeX continues to take demonstrate why it is the leading DePIN technology provider DIMO puts vehicle owners back into the drivers' seat offering enhanced mobility services IoTeX and DIMO are working to improve the driver and fleet operator experience for millions of vehicle owners worldwide. To kick off the partnership, IoTeX will build a W3bstream integration on the DIMO network and to invest in reducing the cost of the DIMO Hardware for users.

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October 26, 2022

Google debuts its Web3 Googlers Chats with IoTeX's Raullen Chai

US multinational tech firm Google is increasingly getting involved in all aspects of the next iteration of the internet known as Web3, including a recent partnership with Coinbase to launch a crypto payment pilot program and expand its blockchain ecosystem. Its most recent move into the space is the launch of its Web3 Chats hosted by Raphael Hyde, which debuted with a very interesting conversation with IoTeX CEO and Founder Raullen Chai.

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October 24, 2022

Nesten migrates to IoTeX to build the world's largest Web3 wireless network

  Nesten and IoTeX join forces to build the world's most scalable and secure Web3 wireless network The DeWi startup says migration and adoption of W3bstream significantly facilitates its position as a leading Web3 wireless network Nesten, a community-driven wireless network provider based in California, has decided to migrate away from their Layer 1 Ethereum-based blockchain to IoTeX's more scalable, secure, and EVM-compatible multi-chain. The two startups have joined forces to build the world's largest, most scalable and secure Web3 wireless network.

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August 29, 2022

EV3 is bullish IoTeX will return data control, benefits to people

The California-based venture capital firm invested in MachineFi Lab, IoTeX's core developer, because of its potential to unlock data value for users in ways never before seen For several years now, experts around the globe have agreed that data has become the most valuable commodity worldwide. In 2017, The Economist wrote that "the world's most valuable resource is no longer oil, but data.

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August 22, 2022

Messari: IoTeX poised for more adoption due to top Web3 efforts

The leading provider of crypto market intelligence also said IoTeX aims to bridge the Web3 gap by establishing a single version of the truth for real-world activity IoTeX enables devices to capture and ingest what happens in the physical world to communicate these events to Web3 dApps Messari, the leading crypto market intelligence provider, released an in-depth report saying IoTeX's Web3 efforts are unparalleled. "There are currently no other blockchain IoT projects as encompassing as IoTeX," the firm's report adds.

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August 10, 2022

Raullen Chai says IoTeX and MachineFi Lab support the Ethereum merge

Citi Group calls the merge the most significant in crypto history since bitcoin launched JP Morgan analyst say that thanks to the merge, crypto has found its floor The news comes ahead of MachineFi Lab's historic W3bstream launch IoTeX and its core developer MachineFi Lab have announced they are prepared to fully support the Ethereum Merge, which could happen as soon as 19 September 2022. IoTeX is among several other blockchain projects that have come forward, announcing its solidarity with Ethereum's Proof-of-Work (PoW) to Proof-of-Stake (PoS) switch.

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July 26, 2022

IoTeX's MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses

Ankr and IoTeX meet on Twitter Spaces to discuss the future of IoT and how with blockchain technology, IoTeX can enable "all of us" to own our machines and data We all produce data constantly, even unsuspectingly, as all smart devices and machines are built to gather data for profit. A Domo report states each person generated 1.7 MB every second in 2020.

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