Global Blockchain Conference is coming to Dubai

The capital of UAE is chosen to host another session of Global Blockchain Conference 2018 on May 7 through May 8
18 April 2018   703

Falcon Business Research is organizing a conference/exhibition hybrid for a Global Blockchain Conference session in Dubai. It is set to take place on May 7-8 at Ritz-Carlton Hotel. The conference is a carefully curated event to teach attendees about next-level innovation and technology for an every-day utilization. The selected speakers will discuss the strategies, technologies and innovations they have developed and mastered over the years.

Some of the topics include the blockchain, smart contracts, regulations, startups, the internet of things, ICOs, cryptocurrencies, tokenization and more. The conference is made in partnership with Patron, Government Blockchain Association, Fintech Galaxy and Fintech MEA. Among the notable speakers there are Cashaa founder and CEO Kumar Gaurav, Patron founder and CEO Atsushi Hitatsumi, Blockchain Ladies founder Caterina Ferrara, Fintech Galaxy founder Mirna Sleiman and many others.

The agenda for Day 1 is as follows:

  • 8:45 - 9:00 | Opening remarks
  • 9:00 - 9:30 | How Government Is Adopting Blockchain Worldwide
  • 9:30 - 10:00 | Blockchain Adoption For Payment & Transaction
  • 10:00 - 10:30 | DLT for Government application
  • 10:30 - 11:00 | FinTec, Banks, Govt - BitCoin & Blockchain
  • 11:00 - 11:15 | Networking & Coffee Break
  • 11:15 - 11:30 | How Blockchain is building the future of Banking
  • 11:30 - 12:00 | How ICOs And ITO Are Changing The Face Of Technology Fundraising
  • 12:00 - 13:00 | Panel Discussion: Blockchain Startups - The Good, The Bad And The Ugly
  • 13:00 - 14:00 | Networking & Lunch Break
  • 14:00 - 14:30 | Leveraging Blockchain Technology for the Healthcare & Pharm Industry
  • 14:30 - 15:00 | “Smart Contracts & It’s Implementation” As A Part Of Blockchain Tech
  • 15:00 - 15:30 | Blockchain – Bringing Global Identity And Privacy To A Whole New Level

Day 2 agenda is yet to be announced.

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   233

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.