Dash integrated into Wirex platform

Dash cryptocurrencyhas been integrated into the online banking Wirex platform
03 October 2017   2831

The online banking platform Wirex signes a partnership with Dash Core, which aims to integrate the Dash cryptocurrency into the WIrex payment cards. Thus, users will be able to pay with Dash in more than 40 million stores working with the Visa system and cash it in 210 countries around the world.

Our clients will be able to convert BTC to Dash and back with a minimum commission, directly buy Dash for a currency (EUR, USD, GBP) and withdraw it through classic ATMs. They will be able to pay in the usual way, with a plastic card or a mobile application, in stores and cafes.

Pavel Matveev
Wirex co-founder

According to Matveev, the integration of the full-featured Dash wallet into the Wirex platform will be completed within two months. Wirex also intends to offer customers contactless Bitcoin payments and other financial products based on Bitcoin.

Adding Dash to Wirex will support Dash in becoming an increasingly popular everyday payment instrument around the world.

Wirex team

It is noteworthy, that the British exchange CEX.io has also added Dash trading at the end of September.

Dash cryptocurrency price chart on coinmarketcap.com
Dash cryptocurrency price chart on coinmarketcap.com

Meanwhile, at the time of writing, the Dash cryptocurrency price is about $311.48, its market capitalization is $2,365,089,308.

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   346

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.