Norway’s economy crimes unit, Økokrim, just pulled off a digital heist of their own by seizing a whopping NOK 60 million (or $5.9 million) in cryptocurrency. This breakthrough comes as part of their o...
Tag: Norways
Norway’s Temporary Tax Breaks To Bolster Oil Flows To Europe
The energy crisis in Europe triggered by the ongoing war between Russia and Ukraine has left the continent short of hydrocarbon supplies and increasingly reliant on liquefied natural gas imports. Norw...
Norway’s digital currency project raises privacy questions
The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the regional level. Howeve...
Norway’s Gas Bonanza Set to Boost Already Gigantic Oil Fund
(Bloomberg) — Norway’s windfall natural gas revenue drove the nation’s exports to a record last year in a boon for its $1.3 trillion sovereign wealth fund. Most Read from Bloomberg The Nordic co...
Norway’s $1.3 Trillion Wealth Fund Encourages Traders to Bet Against the Market
(Bloomberg) — Nicolai Tangen, the chief of Norway’s $1.3 trillion sovereign wealth fund, wants his traders to bet against the market. Most Read from Bloomberg The world’s biggest single owner of...
Norway’s DNB Asset Management top three largest holdings added in Q3
While inflation and higher rates keep hitting the valuation of tech companies in the US, asset managers are looking to buy their favorite companies at a discount since the Nasdaq is down over 30% year...
Norway’s Finance Minister Domestic Bitcoin Miners shouldn’t pay less for energy
The Finance Minister of Norway, Trygve Slagsvold Vedum, has requested the government to abolish its crypto program. The crypto program permits domestic bitcoin miners to give a lowered rate on electri...
Norway’s Finance Minister Thinks Local Bitcoin Miners Should not Pay Less for Electricity
Trygve Slagsvold Vedum – the Finance Minister of Norway – urged the government to scrap its crypto program that allows domestic bitcoin miners to pay a reduced rate on electricity. In his view, the cu...
Norway’s Central Bank Innovates in Developing Its Digital Currency on Ethereum
As per the official statement from the Norges Bank, the prototype infrastructure for the country’s central bank digital currency will be introduced on Ethereum. The bank introduces a new open source s...
Norway’s Casper Ruud Reaches U.S. Open Final, Can Earn World No. 1 Ranking
Casper Ruud, of Norway, walks onto the court to play against Casper Ruud, of Norway, during the … [+] semifinals of the U.S. Open tennis championships, Friday, Sept. 9, 2022, in New York. (AP Ph...
War surges Norway’s oil, gas profit. Now, it’s urged to help
Europe’s frantic search for alternatives to Russian energy has dramatically increased the demand — and price — for Norway’s oil and gas. As the money pours in, Europe’s second-biggest natural gas supp...
Norway’s Central Bank Chooses Ethereum L2 Project for CBDC Test
Norway’s Central Bank is piloting it’s Central Bank Digital Currency (CBDC) using a sandbox created by Nahmii, an Ethereum L2 solution. Nahmii announced on May 16 that Norges Bank (Norway’s Central Ba...
Miners utilizing Norway’s renewable energy to reduce Bitcoin’s carbon footprint
Bitcoin miners in Norway run their operations solely on renewable energy thanks to the country’s climate-conscious industry, according to a report by Arcane Research. Miners in the country also benef...
What Is Behind Norway’s Booming Bitcoin And Crypto Interest?
In the fourth survey about crypto adoption ran in Norway by Arcane Research and Ernst & Young (EY) in 2018, they find that the industry is booming in the country with the levels of ownership that ...
Norway’s BTC miners rely 100% on renewable energy
Over the years, there has been intense debate about the energy consumption of Bitcoin mining activities. However, Bitcoin (BTC/USD) supporters have argued that mining the coin could incentivize the re...