Bitcoin Private to hold a conference on privacy and mainstream

BTCP will organize an event on March 24  to discuss the matters of privacy on blockchain and current challenges on the way for a blockchain to become mainstream
20 March 2018   941

Bitcoin Private team is going to host a meetup at San-Francisco with its community and some of the leaders of the cryptocurrency segment. The team would like to share its experience, expertise and knowledge on the blockchain privacy, its story of helping to adopt the blockchain mainstream. The event is focused on people who are either members of the ongoing blockchain project or those interested in the issues of privacy and mass adoption of the blockchain. The agenda also includes topics that are general to the industry.

The Bitcoin Private team (Founder & Lead Developer Rhett Creighton, Lead Wallet Developer & Senior Blockchain Developer Jon Layton, Adoption & Inclusion Lead Nika Dahlbacka, etc.) will also participate at the event to discuss the matters of potential partnership with BTCP and even mere contribution to the open source community of the project.

We’re making this event a bit more casual than our previous ones so that we can keep the conversations more casual and open ended, yet maintaining high quality.


Excerpt for the event announcement post

The project has recently gone live and currently shows stability overall with market cap yet to be learned. Nevertheless, the market parameters of BTCP at the moment of publication are as follows:

Average price: $33.87

Volume (24h): $583,975

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   346

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.