Electrum Peseta v3.0 to be Released

According to the roadmap published on the official website of Pesetacoin, the Electrum Peseta v3.0 will be released on April 16, 2018
02 April 2018   1482

Pesetacoin is a cryptocurrency developed as BitCoin and LiteCoin but focused in the Spanish Country but with merged-mining. According to the roadmap published on the official website of Pesetacoin, the Electrum Peseta v3.0 will be released on April 16, 2018.

Electrum Pesetacoin wallet is secure with no sync time and long waits for the blockchain to download. Electrum Pesetacoin uses a 128-bit random seed to generate your private keys.  The seed can be represented as a 12-word mnemonic code. The users do not need to perform regular backups, because the wallet can be recovered from the twelve-word security passphrase (or “seed”) as it is easy to remember it and keep on paper. 

Electrum Pesetacoin walletElectrum Pesetacoin Wallet

The long-range goals of Pesetacoin to be realized until the end of 2018 include the launch of Copay Peseta, getting listed on Coinomi and 6 more exchanges, listing in 2 payment gateways, getting into 1 Hard Wallet, Drupal Commerce, Wordpress and Prestashop plagins.

At the moment of press, these are main market parameters of Pesetacoin:

Average price: $0,028926
Marketcap: $3 857 655
24h volume: $4 397

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   392

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.