BitTorrent Six Year Long Airdrop to Start Today

It is assumed that all the TRX holders will be able to get free BTT, exchanges and Tron/Trust Wallet supported
11 February 2019   883

On Monday, February 11, the Tron Foundation will begin a series of BitTorrent (BTT) airdrops, which will be held every month for the next six years, until February 2025.

Total BTT issue will be 990 billion coins, of which 10.1% will take part in the first distribution, 990 million. The first airdrop will take place after a block of 6,000,000 has been found in the TRON network.

Over the next year, TRX holders will receive 0.11 BTT for one coin, and every 12 months this number will gradually increase.

It is assumed that all the TRX holders will be able to get free BTT coins and it is not necessary to keep cryptocurrency on any exchange - the airdrop also supports Tron Wallet and Trust Wallet wallets.

Among the exchanges that have announced their intention to support the distribution are Binance, Bitfinex, OKEx, Huobi, Bithumb, Upbit,, Bittrex International, Bibox, BitForex, Coinsuper, Kucoin, and Bitexbook.

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   2034

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.