Blockchain 

Veritaseum CEO in Pretrial Settlement Talks with SEC

Veritaseum founder and CEO Reg Middleton is in talks with the US Securities and Exchange Commission to reach a settlement on claims that the VERI initial coin offering (ICO) misled investors with regard to the token’s potential value. Veritaseum “Knowingly Misled” Investors Back in August, the SEC filed an emergency lawsuit against Veritaseum and its founder in order to prevent him from spending $8 million USD raised by the company in an ICO. The SEC alleges that Middleton “knowingly misled” investors about prior business success in order to increase investor demand for VERI tokens and…

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Blockchain 

Ripple CEO is Working Hard on XRP’s Success

XRP, the world’s third-biggest cryptocurrency by market capitalization, has not had a great year so far and Ripple has come under a fair share of fire over the state of affairs. The San Francisco-based startup holds the highest number of XRP tokens and has been responsible for developing greater awareness about the cryptocurrency. Ripple’s CEO Makes Bullish Note However, the poor performance this year has been blamed on the company’s practice of selling off large chunks of XRP, and many believe that this practice has depressed the price of the…

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Blockchain 

NetCents Technology Issues CEO Letter to Shareholders

Vancouver, British Columbia–(Newsfile Corp. – September 10, 2019) – NetCents Technology Inc. (CSE:NC) (OTCQB:NTTCF)(“NetCents” or the “Company”)c is pleased to issue a letter to shareholders from the CEO, Clayton Moore. Dear Fellow Shareholders, Since launch, we boldly engineered an approach that mitigated the risk and volatility for merchants and consumers to adopt a new transactional medium. We seamlessly integrated cryptocurrency processing while ensuring we motivated these two key groups, who along with you, are the pillars of our growth. We knew to get early buy-in required a new level of protocols…

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Blockchain 

Victory Square Technologies Reports 2018 Year End Results And Files CEO Letter to Shareholders

Results show significant increases in Revenue, Investments, Cash and Working Capital Year highlighted by investment and acquisition of 11 new private companies in 2018 $10,000,000 convertible note to build, develop and create long-term value for portfolio companies and VST shareholders. VANCOUVER, British Columbia, Aug. 21, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) successfully filed its annual consolidated financial statements for 2018 along with its MD&A on Friday, August 16th, 2019. The Company will also be filing its interim financial report and MD&A for the quarterly period ended March…

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Blockchain 

TRON’s CEO Debunks Association with Billion Dollar Ponzi Scheme Scam

While responding to an allegation that Tronfoundation and BitTorrent are involved in a billion-dollar Ponzi-scheme scam that defrauded thousands of investors in China, Justin Sun, TRON’s CEO, says both companies are “fine.” According to the CEO, preparations were being made to launch BitTorrentSpeed on July 8, so people should stop publicizing fake news and pictures. .@Tronfoundation and @BitTorrent is fine. Everything is fine. We are preparing for #BitTorrentSpeed launch today. Stop spreading fake news and pictures. — Justin Sun (@justinsuntron) July 8, 2019 Justin Sun Says Tronfoundation and BitTorrent are…

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Blockchain 

LSE Interested in Blockchain and Distributed Ledgers? CEO Hints Yes

On May 2, CNBC published an interview with Nikhil Rathi, the CEO of the London Stock Exchange, a 300-year old trading venue. In the interview, Rathi gave hints that the LSE is looking at blockchain technology. Here’s what we know. LSE Interested in Blockchain According to CNBC, Nikhil Rathi, who has been the CEO of the LSE since 2015, said the exchange is keeping an eye on blockchain. He also said the LSE has noticed an “interesting array of different ideas,” from competing exchanges. Before the exchange, which is one…

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Blockchain 

Accepting Crypto | Interviewing ERA Timepieces CEO Michael Galarza

ERA Timepieces (www.eratimepieces.com) is a new luxury watch company that has taken haute horlogerie complications and made them accessible to the common man. And with various forms of cryptocurrency now spreading globally, Michael and his team have begun accepting forms of it as payment, making his company the first ever to receive two different types (Bitcoin and Ethereum) for the sale of a watch. We sat down with Michael to learn more about his thoughts on crypto, his upcoming timepieces, and if he thinks more retailers in his industry along…

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Cryptocurrency 

NASDAQ CEO | Friedman Thinks Crypto Deserves Place in Our Economy

It bodes well for cryptocurrencies everywhere that the CEO of the world’s largest exchange, NASDAQ, has their back. Specifically, Adena Friedman thinks they “deserve an opportunity to find a sustainable future in our economy.” The comments were made yesterday by Friedman in a posting on her LinkedIn profile. The president and CEO of the Nasdaq exchange was writing ahead of her scheduled appearance at the World Economic Forum at Davos. NASDAQ CEO and Crypto Friedman believes crypto will have an important part to play in the future, believing “the invention itself [is] a tremendous…

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Bitcoin 

Bitcoin Gains 18% | Quinone CEO Says 2019 Will Bring New All-Time High

Despite Bitcoin’s intense price drop in recent months, some still believe it is going to turn it around next year. And there’s nothing to say it definitely won’t; in the last three days, Bitcoin has packed on 18% in gains. Sudden Gains The world’s largest cryptocurrency by market cap jumped from $3,181 to $3,776 in under three days, proving further that nobody can truly know where this coin is headed next. One advocate for its future upturn is Mike Kayamori, CEO of Quinone, a Japan-based crypto exchange platform. Speaking with Bloomberg TV,…

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Blockchain 

Blockchain Adoption | Sberbank CEO Anticipates 1-2 More Years

The head of Russia’s Sberbank has set tongues wagging after he emerged bullish about the future of blockchain adoption. CEO Herman Gref is forecasting industrial scale adoption in as little as one or two years. Blockchain Adoption Gref believes the technology is on the cusp of entering the industrial development stage of its evolution. Speaking to journalists this week, he said: “The hype around the technology [blockchain] is now over, and the technology is entering the stage of industrial development. It needs a year or two to be implemented at the…

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