Waves is holding a conference in Moscow

Waves platform announced it is going to celebrate its birthday on April 11 in Moscow with a public conference and a private afterparty
02 April 2018   814

Waves platform is preparing for a 2-year activity celebration. On April 11 a major two-part event is taking off in Moscow: a public Waves Birthday conference and a private afterparty. The venue is Digital October. Along with the announcement, there is an ongoing social media campaign for the best birthday greetings: anyone can upload a video congratulations for the favourite team on YouTube or post a photo at Twitter.

Guests will be able to visit 3 exhibition zones: WAVES Lab, WAVES Client Demo Zone and a Developers area. WAVES Lab is a blockchain technology incubator and provide up to $300,000 seed funds, legal support, advice, resources, PR and marketing. The conference program is as follows:

  • 18:00 — 19:30   Guests registration
  • 19:30 — 20:30   Alexander Ivanov’s speech
  • 20:30 — 21:00   Q&A session
  • 21:00 — 23:00   Networking

During the whole event there will be offered snacks and beverages.

At the moment of publication, the market indicators for Waves go as follows:

Average price: $3.69

Market cap: $369,359,000

Volume (24H): $18,950,900

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   159

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.