In a verbose and, at times, vituperative blog post published today, IOTA founder David Sønstebø seeks to “quench all concern” about his state of mind, assure the community that the “IF [IOTA Foundation] is not broke,” and hint at future plans for the ecosystem being hatched in collaboration with “investors, separate DLT-project leaders, community devs and others.” As Cointelegraph previously reported, in a December 11th announcement, the IOTA Foundation’s board revealed that Sønstebø had been removed from the organization after a “unanimous” board vote. Sønstebø had served as co-chair of the Foundation since 2017. Sønstebø’s blog post seeks to clear …

IOTA caused an upset when it reached the top arena of CoinMarketCap, sending some altcoins trembling down the rankings, while others bid goodbye to the creme de la creme positioning. The upset was intriguing, especially considering that IOTA traded almost $40 million in 24 hours after being listed on an exchange Although the success came hot on the heels of IOTA being touted as an exciting technology during its ICO, the rise was unprecedented. Cointelegraph decided to ask David Sønstebø, Co-founder of the IOTA, for more clues about the sudden upshoot. Zero pump and dump Cointelegraph: What has actually shot …