Monthly Archives: September 2017

Interview with Stanislav Taktaev – Founder and CEO of DARFchain

Posted on 21st September, 2017

BitcoinX: Thank you for taking the time to chat with us today. So, tell us who you are and what your position is at DARFCHAIN? DARFCHAIN: My name is Stanislav Taktaev, and I’m a founder and CEO of DARFchain. BitcoinX: Tell us – what is DARFCHAIN? What is the main idea behind the project and […]

Neo & Bee Moves Forward With Reverse ICO

Posted on 15th September, 2017

After years of total silence, failed bitcoin startup Neo & Bee is finding its way back into the spotlight for doing the one thing no one expected: Repaying investors. Last month, the long-shuttered “bitcoin bank” sent out emails inviting shareholders to access a new “redemption portal” for “NEOBEE” tokens. (Full disclosure: This reporter owns a […]

China’s ICO “Ban” May Actually Be A “Pause”

Posted on 13th September, 2017

Last week, Chinese financial regulators sent shockwaves across the cryptocurrency world when reports surfaced that authorities were preparing for a crackdown on ICOs and exchanges in the country. Although hardly surprising given the Chinese government’s often tense relationship with the booming blockchain sector, many suspected that the so-called “ban” on ICOs wasn’t quite what it […]

Russia Reverses Stance on ICOs

Posted on 11th September, 2017

Late last week, Russian Finance Minister Anton Siluanov told reporters that his ministry was drafting plans to regulate both cryptocurrencies and initial coin offerings (ICOs). The move comes as a surprise, as only last year the ministry proposed criminal charges — with a maximum sentence of seven years in jail — for those dealing in […]

Canadian Regulators Give Green Light To ICO

Posted on 8th September, 2017

This week, Quebec’s financial regulatory agency — Autorite des Marches Financiers (AMF) — announced that it would be including an ICO into its experimental “sandbox” program for non-traditional securities and financial instruments. The AMF has approved a proposal from Toronto-based “socially responsible” banking startup Impak Finance, giving official approval to its MPK coin ICO. The […]

After SEC contact, Protostarr ICO shuts down and offers refunds

Posted on 6th September, 2017

Late last week, the founders of the Protostarr token announced that they would be immediately halting operations following contact with the enforcement arm of the U.S. Securities and Exchange Commission (SEC). The project will also be returning the 119.5 ETH raised during their ICO (around $40,000 at press time), which launched on August 13th. The […]

China’s Central Bank Bans ICOs

Posted on 4th September, 2017

In a new ruling published on Monday, the People’s Bank of China (PBoC) declared ICOs and similar cryptocurrency-based fundraising tools to be illegal within the country. The PBOC’s statement also demanded that all current ICOs on China-based exchanges be halted immediately, and that funds from previous ICO rounds be returned. The ruling follows an extended […]

Meet Anton Galenovich – Leader of DAO IPCI Team

Posted on 3rd September, 2017

BitcoinX: Thank you for taking the time to chat with us today. So, tell us who you are and what your position is at DAO IPCI? DAO IPCI: Anton Galenovich – leader of DAO IPCI Team. BitcoinX: Tell us – what is DAO IPCI? What is the main idea behind the project and why did you […]