Dogethereum Coin Launching in 2018

Dogethereum is a new digital currency, which will be founded on snapshot of Dogecoin and based on ETH algorithm with fastest speed of transactions and smart contracts
21 March 2018   7501

Bitcointalk forum is well-known for being one of the fastest sourses of news regarding cryptocurrecnies and digital assets. In February of 2018 the thread about Dogethereum, a new decentralized digital currency, which will be founded on snapshot of Dogecoin and based on ETH algorithm with fastest speed of transactions, smart contracts, appeared on Bitcointalk.

As it was stated in the announcement, the goal of the project is to push Doge currency to the brand new direction, with no ASIC mining, speed and simplicity. The project is stated to be community driven, and there will be no ICOs, premines or other manipulations. DOGX is developed by professional team of engineers and economists who are passionate about crypto currensies, so there are no extra commissions, fees or predefined stakes.

Roadmap of Dogethereum:

  • Establish secure stable network -  DONE 
  • Warm up and prepare network for public access - IN PROGRESS
  • Fork of all coins DOGE 1:1 DOGX - DATE TO BE ANNOUNCED
  • Public advertisement and promo - SOON
  • Listing on crypto Exchanges 
  • Research and development of faster algorithm with better scalability - 2019

The exact fork date has not been announced yet, but it is reportedly scheduled for winter 2018.

SEC to Accuse Opporty International in Illegal ICO

The company had sold $600k worth OPP Tokens, which are being considered by the watchdog as an unregistered securities
22 January 2020   72

The US SEC claims that Opporty International has raised about $ 600,000 from nearly 200 investors in the illegal ICO process, and its founder, Sergey Gribnyak, is accused of conducting a fraudulent initial coin offering process.

According to the US SEC, the blockchain company sold OPP Tokens, which are unregistered securities with digital assets.

The Securities Commission claims that the blockchain company Opporty lied to its users, claiming that their ICO was regulated.

The SEC claims that Opporty has condoned several illegal acts, including the misappropriation of third-party content without endorsement or attribution, to create the false impression that actual users of the platform created this content. Regulators say the defendants falsely told their potential investors that they had “taken on board” the company with more than 6,000 trusted suppliers.

As stated in the SEC complaint, Opporty violated five sections of the Securities and Exchange Act. Regulators are seeking an injunction to allow the company to place digital or other securities. The document also mentions Clever Solution Inc, another business run by Gribnyak, accused of, among other things, extortion.