Sirin Labs, the creator of the upcoming blockchain-based smartphone Finney, revealed that it had chosen Ethereum blockchain over IOTA, according media reports. IOTA was previously announced as the blockchain solution of choice for Finney, but it seems that Sirin Labs has changed its mind and now plans to adopt a private version of Ethereum. The news put pressure on IOTA’s price, as it has dropped over 18.1% in the last 24 hours to $0.75, according to Coinmarketcap data.
On Thursday, the IOTA price jumped from $0.78 to $0.96 in several hours, being driven by the news about t...
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