Bluzelle Database Hackathon to Take Place in Vancouver, Canada

The attendees of the hackathon will be given a database interface and the opportunity to perform CRUD operations and more
02 April 2018   806

Bluzelle is a crypto asset that combines the sharing economy with the token economy, renting individuals' computer storage space to earn tokens while dApp developers use tokens to have their dApp's data stored and managed. 

Bluzelle has announced that it is holding a hackathon in Vancouver, Canada on April 28, 2018. The attendees of the hackathon will be given a database interface and the opportunity to perform CRUD operations, and they'll have to think of creative applications for a decentralized database that can be whipped together before the time is up.

Date and time:
Location: SFU Venture Labs, #1100, 555 W Hastings St, Vancouver, BC, Canada

Moreover, there will be a workshop with Isabel Scroggin, a decentralization researcher and developer as a presenter. Isabel will spark the discussion with a high level overview of Bluzelle Decentralized Database technology, then do a deeper dive into specific technical aspects, during which audience members will be encouraged to ask questions and participate in open discussion.

Participant must be at least 18 years of age and present at the hackathon with their team for the duration of the hackathon, and they can work as an individual (team of one) or in groups of two to six Participants (each group of 1-6 Participants is a “Team”). The tickets are already available.

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   159

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.