Norway Develops Electric Planes, Plans to Make All Domestic Flights Electric by 2040

On June 19, Norwegian authorities, engineers, and scientists led by Transport Minister Ketil Solvik-Olsen and Avinor CEO Dag Falk-Petersen successfully tested a one-man plane run 100 percent by electricity. Commercial Electric Aircraft in Seven Years Avinor is a state-financed organization that oversees the operations of most of Norway’s airports, including Oslo Airport, its main international … Read more

Russians To Mine Bitcoin Close to a NATO Exercise in Norway

A serious Russian investment in a new mining facility in Norway has sparked questions – why here, why now? Russians are throwing a billion kroner into a project to install thousands of powerful computers mere kilometers from the scene of a large NATO exercise. The construction of the farm is expected to begin this summer, … Read more

New Vehicles in Norway Are Now 50% Electric, Favored over Gasoline Cars

The market share of electric cars, which was only a fraction of that of gasoline cars a few years ago, has reached 50 percent in Norway. Over the past 12 months, an identical number of electric vehicles as gasoline cars have been manufactured in Norway, demonstrating the country’s exponential adoption of electric cars. Electric Cars Favored … Read more

Norway and England Contemplate Central Bank-Issued Cryptocurrencies

The central banks of Norway and England have published reports exploring different models for central bank-issued cryptocurrencies. By contrast, Federal Reserve governor, Lael Brainard, recently expressed her opposition to central bank cryptocurrencies – claiming that such would result in broad “macroeconomic consequences.” Also Read: Chilean President Considering Regulation of Cryptocurrencies Decline of Cash Prompts Norwegian Central … Read more

PR: Parsec Frontiers Opens Doors to New Galaxies with Its ICO

The popularity of massive multiplayer online games and virtual worlds has grown tremendously during the last 20 years, and some of the largest services have seen tens of millions of users. Now you have the opportunity to take part in the creation of the exciting blockchain universe that opens new galaxies for you. Last Tuesday, … Read more

Norwegian Court Rules Nordea Bank Can Close Account of Crypto Exchange

A Norwegian district court has ruled in favor of Norway’s largest bank against a local cryptocurrency exchange. The court says the bank has full rights to close the account of the exchange, citing money laundering risks and criminal activities associated with bitcoin trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court Ruled in … Read more

Investors from 28 Countries Own Land in Norway’s “Private City” Liberstad

More than 100 people have bought land plots in the “private city” of Liberstad, Southern Norway. Its founders accept 27 cryptocurrencies. Deals have been sealed already with future residents from Brazil, Sweden and the UK, among other countries. They should be able to move in within two years. Also read: Bitcoin Payments Are on the … Read more

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