TenX President to Resign due to Lyoness Scandal

Hosp tried to delete all the public data linking him to Lyoness but one “training” video, voiced by Julian was found
10 January 2019   401

Co-founder and president of TenO's ICO startup, Julian Hosp left his post. From now on, the company will be solely managed by CEO Toby Hoenish.

Note that from 2011 to 2015, Julian Hosp was a “member” of the Lyoness financial pyramid. In the company he was engaged in marketing, sales, held lectures for other participants of the company.

Before the ICO of the TenX project, Josp tried to delete all the public data linking him to Lyoness.

According to Breaker, Lyoness is recognized as an illegal fraudulent scheme by the Supreme Court of Switzerland, the Austrian civil court and the Norwegian Gambling Council. About the connection of Josp with the project it became known thanks to the “training” video from Lyoness, allegedly voiced by him.

$60M Nebeulas to Lay Off 60% Staff

50 people how to look for a new job due to optimizations in another blockchain startup
23 January 2019   93

The Nebulas blockchain startup team has been reduced from 80 people to 30. The roadmap of the project has also been revised. It is reported by CoinDesk.

Since last summer, a number of cuts have occurred in the project. Also, the startup had to abandon some minor projects listed in the roadmap. According to Nebulas management, side projects will be frozen at least until the NAS token rate is restored.

One of the reasons was the market price kept going down. Another reason we decided to cut off the unimportant projects like third-party wallets [was that they are] not core to the main tech visions mentioned in the [Nebulas] white paper. So the dev team of that project was first impacted.
 

Becky Lu

Spokesperson, Nebulas

It is noteworthy that the decision became known only seven months after the project raised $ 60 million through a tokensale. Lou did not clarify whether the decision was due to possible financial difficulties.

Nevertheless, the project is gradually developing. So, at the end of last year, the company launched a testnet NOVA, designed to measure the quality of blockchain data.