Bitcoinference to be held in Brussels

The very first Bitcoinference event in Europe to be organized in Brussels on June 1 and will focus on the future of finances
29 April 2018   892

As the world is changing, the capital of Belgium will host the inaugural Bitcoinference Europe on June 1 at Proximus Lounge. The blockchain technology revolutionizes the way asset management is performed no matter if we talk about finances or hi-tech. Bitcoinference examines the future of the financial systems, the state of technology, and the potential opportunities that the blockchain might bring with itself.

Regarding the structure of the 1-day event, there will be a pre-event VIP dinner on May 31 hosted by the sponsor of the conference Block 5; June 1 will start with a networking breakfast at 8:30 AM; the main conference session will kick off at 10:00 AM covering topics on Financial Impact, Banking, Investment, Application, and the Politics of Blockchain Technology; at 6:30 PM there will be an afterparty to conclude the event.

Here are some of the speakers at the conference:

To see the full list of speakers, review the full program and learn other details about the conference, you can visit here.

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.