Tagcyprus

Swedish Investment Portal Sees Bitcoin as a Currency for the Future

Aktiespararna, a news site of the Swedish Shareholders’ Association that offers investment advice, has posted an article presenting bitcoin as a future currency that can address the problems of security. The article focuses on the importance of security on account of crises afflicting traditional currencies. The example offered is the 2013 financial collapse in Cyprus caused by the banking...

Neo & Bee employees expose truth about Danny Brewster

In the Neo & Bee story, we always heard the voices of Danny Brewster or the Cypriot police. What about the employees? When a company is in trouble, it's usually the working force that brings out the truth. Loyal as they are, they waited with this. Hoping a solution would come over time. But as time goes by, so diminishes hope for a good outcome. Today, the employees of Neo & Bee stood up...

Neo & Bee CEO Brewster tries to prove innocence in public letter

Danny Brewster made a Reddit post about current affairs

Neo & Bee, another Bitcoin story making headlines. As if Mt. Gox was not enough... The Cypriot police are hunting CEO Danny Brewster, suspecting him of fraud. Meanwhile, Brewster is still in the United Kingdom, trying to get his business on the rails again. Because previous events showed that a long silence never did any good to a business in trouble, Brewster popped up on Reddit today. He...

Neo & Bee story continues: police investigation started and Havelock's fund trading resumes

NEOBEEQ Fund to Continue Trading At 5PM EST Admist all this, Havelock Investments just released an email about the Neo & Bee fund listed on their exchange: On March 28, 2014 Havelock Investments halted trading of the NEOBEE Fund; Havelock Investments has yet to receive any formal information in regards to the questionable trading activity on the LMB share platform website. We have not...

Breaking: Bitcoin enterprise Neo & Bee insolvent?

A few days ago, trading of LMB Holdings Bitcoin shares on Havelock Investments exchange had been suspended. Reason for this was "an increase of abnormal activity". LMB Holdings is the parent company of Neo & Bee, a Bitcoin company that tries to offer Bitcoin users a bank-like experience. Just a little while ago, it opened a flagship store in Cyprus. Rumours kept spreading about this news. Neo...

Hope for Cyprus? Aphroditecoin Now 4th By Market Cap

A Sacrifice to the Cult of Fiat The bail-in of Cyprus, when Cypriots were essentially mugged by their own government, remains a grim reminder of the fiat system's extreme dysfunction. Where families and businesses can be ruined overnight to support a corrupt banking sector, something is clearly amiss. And the problem is far from isolated to Cyprus, with bail-ins now the "template" for resolving...

Neo & Bee responds to Cyprus authorities' warnings

unic bitcoin tuition payment

Authorities should create regulations for a bitcoin exchange platform that utilises multi-signature wallets, cryptographic proof of liquidity and reserves, and complete transparency as a business model, bitcoin marketers Neo & Bee - LMB Subsidiaries Limited said on Wednesday. The written statement came in response to warnings about the use of digital currencies issued by Cyprus authorities on...

Scared Cyprus government issues Bitcoin warning

cyprus warns people against Bitcoin

Bitcoin has seen its popularity go up tremendously in the past year. Some argue that this is due to the worldwide financial crisis. This is proven when looking at specific countries that have been hit harder than others by this disaster. Cyprus being a great example of this. Bailout deal The mediterranean island reached headlines last year after several unusual measures were taken to eliminate...