Renewable energy Bitcoin mining company powers up in Sweden
Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden. Go to Source
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Honk if you love Bitcoin! Lightning takes the wheel of a European rally car adventure
With a comically loud horn, a candy machine and a jukebox filled with Mozart, metal and more, it’s the “Bitcoin Ambassadors” rally car adventure. Go to Source Powered by WPeMatico
Norway could go its own way on crypto asset regulation, central bank suggests
International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report. Go to Source Powered by WPeMatico
CBDCs could provide smooth cross-border payments: Tel Aviv FinTech Week
Yoav Soffer, the advisor to the deputy governor and CBDC project manager, spoke at Tel Aviv FinTech Week, explaining how a recent CBDC experiment proved efficient in cross-border transactions. Go to Source Powered by WPeMatico
BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model
The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “the technical feasibility of conducting cross-border – cross-currency transactions between different [distrubuted ledger technology]-based CBDC … Read more
Norwegian Authorities Seize Crypto Worth $6M From Axie Infinity Heist With FBI’s Help
Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last year’s Axie Infinity heist. “It is the biggest crypto seizure Norwegian police have ever made,” said Norway’s Økokrim. Norway and FBI Recoup Some Stolen Funds From … Read more
Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack
The seized funds will be used to reimburse affected users, and prevent it from funding North Korea’s nuclear weapons program. Go to Source Powered by WPeMatico
Going cashless: Norway’s digital currency project raises privacy questions
At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu. Go to Source Powered by WPeMatico
Australian firm raises $28M to expand Bitcoin mining capabilities
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market. Go to Source Powered by WPeMatico
The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics
The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter. Go to Source Powered by WPeMatico