Chainges is holding a conference on blockchain

Amsterdam will host Chainges Conference on blockchain technology and its applications May 4-5
17 April 2018   692

The first blockchain conference shaped by the community - Chainges Conference, is coming to Amsterdam on May 4-5. This event will provide a broad variety of opportunities not only to meet people and network within the blockchain industry, but also to develop and learn. As the conference is trying to meet the expectations of the professionals the topics to be discussed are focused on crypto-economy and blockchain technology.

The Kromhouthal is selected to be the event venue. The conference is organized in partnership with BitBay and NEM. During the 2 days it will feature 2 stages comprising of Technology and Business, Workshops, Exhibition Floor, Media Village, Networking and Liberation Day entertainment.

Among the notable speakers there are Pillar Project CEO David Siegel, Aeternity Marketing Manager Vladislav Dramaliev, NEM.io Foundation interim president Kristof Van de Reck, Lisk head of science team Iker Alustiza, Accenture Associate Director Tom Ghelen and many others. As the agenda is complex and vast, please see the following link.

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   174

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.