Rebellious is adding WooCommerce module

The REBL blockchain will be integrating WooCommerce payment module on May 15 as its second e-commerce platform
23 April 2018   604

Rebellious project that aims to help different businesses adopt the blockchain technology is going to implement WooCommerce on May 15 as its second e-commerce platform payment module. Completing this launch will ensure that all the retailers who are using WooCommerce platform will be able to accept REBL payments. Rebellious projects is developing blockchain tools along with its blockchain to integrate as a complete package. And payment modules are among those tools to be developed. Platforms like Prestashop, Shopify, BigCommerce, Magento and WooCommerce will get their own integrable payment modules.

Rebellious focuses on delivering and deploying plug'n'play blockchains, customizable to the preferences of the client and smoothly implementable into their business model. REBL blockchain itself is an open source blockchain validated and secured by the nodes in the network that run on the Rebellious Proof-of-Stake consensus protocol. At the time of publication, REBL market characteristics are as follows:

  • Average price $0.045720
  • Market cap $7,739,431
  • Volume (24H) $1,124,780

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.