Bitpanda Adds IOTA – A Light in the Dark Following Coinrail Hack

BitPanda adds IOTA

Bitpanda adds IOTA: All incidences of hacking are unfortunate, but some more so than others. On the weekend of June 9th, Coinrail, a South Korean crypto exchange, was hacked. The Coinrail hack was so severe that all of the top 10 coins on the market are plunging today. Some coins are down because of it, and in reality, they should be celebrating.

Take IOTA, for instance. This virtual currency has some exciting news, but it’s going unnoticed because the masses are primarily focused on the aftermath of the Coinrail hack.

We aren’t going to do that, though. We’re going to give IOTA the recognition it deserves this week.

IOTA News | Bitpanda Adds IOTA

IOTA should have gone into this week feeling confident. Why? Because there’s something pretty big happening at the end of the week. What is that? Well, last week – June 7, to be exact – Bitpanda announced that it will be adding MIOTA to its list of offerings this week. And as we are now aware, this news has been pushed aside because of what happened to Coinrail, and the effects it is having on the overall market.

As for why the exchange decided to add MIOTA, the Bitpanda team provided the following reasons: first, it said that it was apparent that the crypto community wanted the exchange to offer MIOTA. Second, the team is said to be fascinated with IOTA’s technology.

There are a few things worth mentioning before you shout the news from the rooftops, however. Note the following: A) MIOTA will be “trade only” at the beginning, and B) it will be added on Thursday, June 14.

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IOTA Price News | June 11, 2018

In this article, I’ve mentioned that IOTA is down on the market today. Now is the time to provide you with not just statements but actual numbers.

IOTA (MIOTA) is currently selling for $1.37. This puts the coin down 4.10% in the past twenty-four hours.

BitPanda adds IOTA

Source: CoinMarketCap

The Takeaway

What do you think about the news of Bitpanda adding IOTA? Do you think more people should be talking about that today, or is the hack a justifiable thing for people to be focusing on?

Featured Image: Twitter

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