New token for gamers

DMarket takes a partnership with the payment service Xsolla
22 November 2017   4015

The DMarket token will become one of the currencies of the Xsolla payment system. DMarket will provide Xsolla with statistics of game sales and the items used in them for analysis of Big Data. The companies agreed on mutual marketing support. CEO of Xsolla Alexander Agapitov joined the advice of DMarket consultants.

Currently, DMarket conducts the final public sale of tokens, which will end on November 28. To date, the company has already raised more than $ 15 million. DMarket is the world's first platform for trading game content based on blockchain and smart contracts. The platform currency is the DMarket token. DMarket makes gamers the real owners of virtual assets and creates a transparent economy, the market volume of which exceeds $ 450 billion.

Xsolla is a distributor and publisher of video games. The company offers its customers a wide range of services: user acquisition, payment solutions, creation and management of game stores, fraud protection, year-round customer support, marketing services and data analytics and visualization. Among the partners of Xsolla is Valve, Twitch, Ubisoft and Epic Games.

SEC to oblige AriseBank to Pay $2.7M

In November, FBI agents arrested project's founder Jared Rice
13 December 2018   23

The US Securities and Exchange Commission (SEC) ordered the founders of the AriseBank cryptocurrency project, Jared Rice and Stanley Ford, to pay about $ 2.7 million as part of the settlement of fraud charges. It is reported by CoinDesk.

The founders of the project accused of fraud must pay about $ 2.3 million to return the illegally obtained profits, and $ 68,423 as compensation for the percentage of the pre-trial costs. Jared Rice and Stanley Ford are also required to pay $ 187,767 each as a fine.

In addition, they agreed to a lifelong suspension from management positions in public companies and from participation in the distribution of securities. Jared Rice and Stanley Ford did not reject their guilt, but did not agree with the accusation.

In January the SEC, through a court, obtained the suspension of the ICO project AriseBank. In November, FBI agents arrested Jared Rice. He is accused of frauds with unregistered securities and fraud using electronic means of communication.