Fedoracoin to Release Linux Tipscoin Wallet Update

Fedoracoin has announced that Linux Tipscoin wallet update will be released on April 10
31 March 2018   748

Fedoracoin is a digitally based peer-to-peer cryptocurrency, which uses public-key cryptography which operates on a decentralized network of computers. Fedoracoin is based on Dogecoin with parts from StableCoin, which means that it processes transactions more quickly, more fedoracoins will be created, and they can be mined, or created, more efficiently by CPUs and GPUs rather than specialized equipment.

Fedora Tips is engineered for small value crypto transacting. On March 24 Fedoracoin has announced that Linux Tipscoin wallet update will be released soon. The work on the upgraded FedoraTips Linux wallet has progressed ahead of schedule, and the originally planned release was meant to occur on May 2, but the Fedora Linux wallet will now be ready by April 10, which is a good news to all the users who have been waiting for the update.

Moreover, the team will be gradually publishing an in depth discussion of their technical strategy and roadmap during the first week of April 2018. At the moment of press, these are main market parameters of FedoraCoin:

Average price: $0,000018
Marketcap: $3 794 196
24h volume: $3 794 196

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   410

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.