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IOTA Teams Up with Hackster.io to Propel Development of Smart Cities

  • Alex Morris
    📰 News

    IOTA leads the effort to collect innovative solutions for building smart cities with the help of the Tangle


IOTA Teams Up with Hackster.io to Propel Development of Smart Cities
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IOTA Foundation has just announced the launch of its Smart City Hackathon that will be hosted by Hackster.io, the largest hardware-oriented community in the world. The initiative will help streamline the adoption of IOTA’s protocol.

IOTA Foundation

From smart electricity to smart parking lots

The participants of the Smart City contest will be required to develop their creative open source solutions by utilizing IOTA’s Tangle. The developers are supposed to address a number of real-world problems that are faced by numerous corporate clients. The themes include smart mobility, smart energy, smart buildings, and smart districts. For example, one of the challenges is tracing the origin of renewable energy (from solar panel to home).


From smart electricity to smart parking lots

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$10,000 worth of MIOTA at stake

Those who will manage to come up with a quality project code that will be relevant enough to solve the proposed problems while leveraging the IOTA technology could get up to $1,500 worth of MIOTA. Each of the above-mentioned categories will have three winners who get $1,500, $750 and $250 respectively. The projects are to be submitted via Hackster.io until April 6.

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Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
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It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

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Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

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Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

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