Blog Archives

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 […]

PetaMine backs out of plan to switch to P2Pool, sticks with

Posted on 15th August, 2014

Shortly after bitcoin-mining megapool caused panic across the cryptocurrency community by briefly gaining 51% of the total bitcoin network hashing power, several smaller mining collectives decided it was time to investigate alternatives. Mid-sized, shareholder-owned mining collective PetaMine was one of those groups, deciding in a much-discussed vote to point their miners away from the […]

Neo & Bee trading reopens on Havelock, crashes to 0.0001 BTC

Posted on 5th April, 2014

On March 28, bitcoin-based stock exchange Havelock Investments froze trading on Neo & Bee (NEOBEE) shares, citing a “high possibility of questionable trading activity.” Shortly thereafter, it became clear that rumors of Neo & Bee’s financial troubles were founded, and were later confirmed by CEO Danny Brewster. With the company shuttered in Cyprus and facing […]

Bitcoin Stock Roundup: rebounds, first Neo update this week

Posted on 16th March, 2014

Thanks to a largely unexplored market and effectively zero regulation, the number of bitcoin-related businesses has surged in the last year. While most of the media attention seems to go to startups wooing millions of dollars away from venture capitalists, there’s also a growing trend of bitcoin-based companies who accept trades of BTC for shares […]