San Francisco to host Global Blockchain Games Conference

World's first dedicated blockchain games event will kick off for 2 days on May 14 through May 15
08 May 2018   1115

Steel Media and Super Game Chain are organizing a Blockchain Gamer Connects on May 14-15 at Bespoke venue. This will be the first dedicated blockchain games event by the developers of Pocket Gamer and PG Connects. Topics of the conference range from the blockchain basics (how crypto works with games), top trends, gamemaker sessions to ICO insights and token trends.

Another significant part of the event is roadshow pitching sessions – the best local blockchain game developers pitch their projects to top blockchain investors. Among other perks of the event are full access to PocketGamer Connects and after-hours party with an exclusive opportunity for making top-tier connections.

Here are some of the speakers at the conference:

To learn the full list of speakers, a complete schedule and other details, you can visit the official page here.

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   346

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.