Bitcoin exceed $4k mark

At the moment of press, Bitcoin price is $4055.2 at Bitfinex
18 September 2017   1876

The crypto-currencies market demonstrates confident recovery after a deep recession caused by events in China. In particular, today, on September 18, at the popular Hong Kong crypto-exchange Bitfinex, the price of bitcoin again returned to values above $ 4000 ($4061): 

Bitfinex Bitcoin price chart
Bitfinex Bitcoin price chart

At the moment, all other cryptocurrencies are restoring their positions. 

Top ten cryptocurrencies
Top ten cryptocurrencies

As you can see on the screenshot above, Ethereum (18.32%), NEM (17,79%) and IOTA (23,72%) are showing the faster growth. 

Currently, the market capitalization of the crypto currencies is $ 137.3 billion (on Friday, September 15, this figure fell below the $ 100 billion mark). The index of bitcoin dominance is 47.7%.

SEC to Accuse Veritaseum ICO of Fraud

SEC believes that project's tokensale, thru which it raised $14.8M back in 2017-2018 had a signs of scam and company misled the investors
14 August 2019   197

The U.S. Securities and Exchange Commission (SEC) has sued New Yorker  and Veritaseum-related companies that have been caught by the agency in conducting an unregistered ICO with signs of fraud. It is reported by Cointelegraph.

According to documents published on the network, the SEC intends to hold Reggie Middleton accountable and immediately freeze the assets of Veritaseum Inc. and Veritaseum LLC.

The Commission claims that the defendants raised about $ 14.8 million through an initial coin offering (ICO) in 2017 - early 2018. At the same time, many investors were misled, as the company distorted information about the conditions of the token sale and deliberately hid some significant details.

The American regulator claims that the project still has about $ 8 million of illegally raised funds. According to the SEC, these assets must be frozen immediately.

Amid this news, the Veritaseum (VERI) rate has fallen by 70%. Now the coin is trading near the $ 5 mark, although at the beginning of 2018 its rate was approaching $ 500.

Veritaseum was created as a financial p2p platform, involving the movement of capital without traditional intermediaries. Also, VERI was positioned as a utility token for use in consulting services and access to various research works.

In 2017, Veritaseum blockchain startup fell victim to hackers, having lost $ 8.4 million from ICO investors.