CoinMarketCap to Join Forces With Vela

Now institutional clients of Vela will receive detailed information on more than 1,800 crypto-currencies and tokens provided by CoinMarketCap
23 August 2018   961

CoinMarketCap, leading provider of market data on cryptocurrency, announced partnership with an independent provider of data on financial markets Vela, thanks to which a new asset class will appear in Vela SuperFeed streaming service.

It is reported that institutional clients of Vela will receive detailed information on more than 1,800 crypto-currencies and tokens provided by CoinMarketCap. Thus, brokers, banks and other companies will be able to use the cryptocurrency market data in their operations.

We are very excited to be partnering with CoinMarketCap to provide our institutional clients with enterprise-grade access to the leading, independent source of cryptocurrency data. With crypto being one of the biggest disruptors in our space today, this agreement fortifies Vela’s entry into this innovative digital currency sector. We look forward to working with CoinMarketCap to deliver their world-leading cryptocurrency data to our institutional audience.
 

Jen Nayar

CEO, Vela

SuperFeed already has more than 100 traditional financial markets, including American, European and Asian exchanges.

With our goal to remain the most trusted and accurate source of data for the cryptocurrency community, we are pleased to be partnering with Vela, a well-respected and independent technology leader in trading and market access. Together, we are able to extend our reach to major banks, broker-dealers, and institutional firms so that they can access our information directly.
 

Brandon Chez

Founder, CoinMarketCap

On August the 1st analytical resource CoinMarketCap introduced a professional API for developers and investment funds.

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   182

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.