Sociall is set to release closed beta version for testing

The company announced its closed beta version release date is scheduled for March 26 with the focus of fixing bugs and removing security vulnerabilities
21 March 2018   317

The startup Sociall that designs decentralized social network has announced at its Medium blog page the release date of their platform closed beta testing. This announcement follows the end of the closed beta registration with nearly 300 people having signed up. Despite the end of the registration new spots will get opened for more users depending on the quality of the testing process: the next 100 users will be added judging by how the system handles the former 300 already signed up ones This situation is actually the result of an overwhelming interest in the platform. All those who have signed up will receive an email with the instruction on how to get started with the beta testing.

The beta version includes such features as user profiles, blocking/unblocking users, further instant messaging improvements, image posts, link posts, multimedia posts (video, audio — embedding only) testing and debugging. During the beta stage user profiles will be polished off, new feed designs will be added and release structure will be improved. Features like community, groups and events will be added upon the end of the beta testing.

Before the launch of the beta testing stage, third party security audits are planned to be completed and the necessary fixes be applied. The audit concerns main frontend application, authentication server, api server, image processing micro-service, sockets micro-service. According to the roadmap, the community section is planned to be added half way through the beta stage, and the next stage should be public launch set to May, 2018.

To the moment of the publication, the Sociall's token SCL market parameters are as follows:

Average price: $0.242137

Market cap: $4,047,083

Volume (24h): $1,153

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC
18 July 2018   15

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.
 

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.