Tezos drops 75% within hours

A conflict between the founders of Tezos project and head of Tezos Foundation leads to panic among the investors 
19 October 2017   1060

Only three month ago Tezos carried out an extremely successful ICO raising 232$ million, but currently project is in danger of losing trust of their investors even before it could have been officially launched.

Tezos pre-launch Charts Tezos (Pre-launch) Charts

On October 18th Arthur and Kathleen Breitman published a letter in their official blog stating that president of Tezos Foundation, Johann Gevers, “engaged in an attempt at self-dealing, misrepresenting to the council the value of a bonus he attempted to grant himself”. This may have influenced such a notable decrease of futures price.

Founders of Tezos now intend to legitimately remove Johann Gevers from Tezos Foundation.

Digital coins of Tezos under the name "Tezzies" are already highly priced at a hefty premium in futures trading although they do not yet exist. The launch of Tezos network and the coin release are postponed indefinitely.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   218

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.