Tag: Norwegian

Norwegian Authorities Seize Crypto Worth $6M From Axie Infinity Heist With FBI’s Help – Featured Bitcoin News

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 Axie Infinity Attack Økokrim, Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime, announced Thursday that it has seized 60 million kroner (approximately $5.8 million) in crypto in connection with the attack…

Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack

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According to a press release published on Feb. 16 by Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim), authorities have seized 60 million Norwegian Kroner ($5.85 million) in stolen cryptocurrencies linked to the Axie Infinity Ronin Bridge hack last March. According to senior public prosecutor Bender,  “Økokrim is good at following the trail of money. This case shows that we also have a great capacity to follow the money on the blockchain, even if the criminals use advanced methods.” According to Bender, Økokrim worked with…

Hodlonaut Wins Norwegian Lawsuit Against Self-Proclaimed ‘Satoshi’ Craig Wright

At the center of both cases is a series of tweets, written by Granath in March 2019, in which he called Wright – who has long claimed and failed to prove that he is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin – a “fraud” and a “scammer.” Granath asked the Norwegian court to rule that his tweets were protected by the freedom of speech, therefore preventing Wright from pursuing damages in relation to the tweets. Source

Norwegian University of Science and Technology

NTNU has a sweeping Digital Transformation Initiative with a goal “to pursue research on the development and application of digital, transformative technology.” The initiative includes nine projects and 48 Ph.D. candidates. One of the projects is Trust and Transparency in Digital Society Through Blockchain Technology, involving the contributions of 12 multidisciplinary professors and nine PhD candidates. Noting “blockchains are only relevant when they relate to mistrusting entities in a social context and serve a real application,” the researchers aim to learn more about the technology, societal impact and application of…

Norwegian town wants ‘noisy’ Bitcoin miners out, experts respond

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There’s a new Bitcoin (BTC) energy FUD in town: noise. In Sortland, a Norwegian municipality, locals are waging war on Bitcoin miners to thwart further BTC mining developments. Their latest protest against proof-of-work (PoW) mining is that it’s loud.  It’s not enough that Bitcoin miners in Sortland use 100% renewable energy sources, create jobs and even use waste heat from the PoW process to dry out timber and seaweed for local businesses; they must do so quietly. Sortland (red) in the extremes of Norway. Source: Google Kjetil Hove Pettersen, CEO…

Norwegian central bank uses Ethereum to build national digital currency

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The central bank of Norway has hit a major milestone in digital currency efforts, releasing the open source code for the country’s central bank digital currency (CBDC) sandbox. Available on GitHub, the sandbox is designed to offer an interface for interacting with the test network, enabling functions like minting, burning and transferring ERC-20 tokens, the Norges Bank’s official CBDC partner Nahmii said in a blog post. Nahmii stressed that the current version of the code does not support the major Ethereum wallet MetaMask by design and is only privately accessible…

Crypto ownership among Norwegian women doubles, mirroring global trends

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The number of women in Norway who own some form of cryptocurrency doubled during 2021, according to a new survey.  The survey, conducted by Arcane Research and Ernst & Young found that the rate of female ownership of crypto assets in Norway, surged from 3% in early 2021 to 6% by Mar. 30 of this year. The online survey interviewed 1000 Norwegians aged 15 and older and was conducted in partnership with NORSTAT one of the leading data collectors for market research services in Northern Europe. Almost two thirds of…