Foresight News reports that the Distributed Ledger Technology (DLT) network IOTA has announced the launch of the IOTA Rebased upgrade, which introduces a parallelized MoveVM and EVM; achieves full centralization; enhances transaction processing speed to over 50,000 TPS, with final confirmation times below 500ms; and introduces IOTA staking with an APY of 10-15%. IOTA has released a production-ready network, wallet, and library for the Rebased upgrade, and the community will vote on upgrading the IOTA mainnet to Rebased.