Iceland

IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money

IKEA Iceland has taken part in a commercial transaction using ethereum smart contracts and EU-licensed blockchain e-cash to settle an order.

Business  ·  3 October 2019

Ripple Expands Into Iceland With Acquisition of Crypto Trading Firm

Ripple is acquiring its way into Iceland, adding a team of six engineers to focus on integrations with partner crypto exchanges.

Business  ·  30 September 2019
ConsenSys

Iceland’s Currency Will Be First in Europe to Be Traded as E-Money

In a European first, the ConsenSys-backed Monerium has received approval to run fiat over a blockchain as a regulated form of payment.

Markets  ·  14 June 2019
ConsenSys

Central Bank Veteran’s Blockchain ‘E-Money’ Startup Raises $2 Million

ConsenSys has joined a $2 million funding round for a blockchain startup led by a former chairman of the Central Bank of Iceland.

Business  ·  11 January 2019
Crime

Iceland’s Missing Bitcoin Miners May Be In China

Icelandic police think Chinese authorities may have discovered where its 6,000 missing bitcoin mining computers have gone.

Policy & regulation  ·  7 May 2018
Bitcoin Miners

Iceland’s ‘Big Bitcoin Heist’ Suspect Has Been Arrested

Iceland's alleged bitcoin mining computer thief Sindri Thor Stefansson, who escaped from prison last week, was arrested in Amsterdam Monday.

Markets  ·  24 April 2018
Bitcoin Miners

Alleged Bitcoin Miner Thief Says Police Held Him ‘Without Evidence’

Sindri Thor Stefansson, the alleged thief behind the "Big Bitcoin Heist," says he was free when he escaped from prison and flew to Sweden.

Markets  ·  23 April 2018
Crime

Bitcoin Mining Hardware Thief Escapes from Prison

Sindri Thor Stefansson, the alleged culprit behind the theft of 600 cryptomining computers, escaped from prison earlier this week.

Policy & regulation  ·  18 April 2018
Crime

Icelandic Police Are Hunting for Hundreds of Bitcoin Miners

Roughly 600 cryptomining computers were stolen from four Icelandic data centers, police report.

Policy & regulation  ·  5 March 2018
Regulation

Icelandic Lawmaker Floats Bitcoin Mining Tax

An Icelandic lawmaker has suggested imposing a new tax on the bitcoin miners that are flocking to the country.

Policy & regulation  ·  12 February 2018
Bitcoin

DigitalBTC Inks Deal With Spondoolies-Tech to Expand Mining Operation

Australian bitcoin company digitalBTC is expanding its mining capacity and entering a new contract with data centre provider Verne Global. The company said it is acquiring new bitcoin mining hardware from manufacturer Spondoolies-Tech, although the exact details were not revealed. DigitalBTC did say, however, that the new hardware will expand its processing capacity by approximately 40% for […]

Business  ·  23 January 2015
Bitcoin

DigitalBTC’s New Mining Centre Powered 100% by Renewable Energy

Bitcoin firm digitalBTC has announced a multi-year hosting and power supply agreement for an Iceland-based mining centre.

Tech  ·  27 August 2014
Altcoins

How Auroracoin is Forcing Digital Currency Discussion in Iceland

Digital currency awareness is growing as Auroracoin closes in on passing 10% of its original distribution goal.

Tech  ·  1 May 2014
Altcoins

CoinDesk Guide to the World’s National Altcoins

All you need to know about national cryptocurrencies – a new trend in altcoin development.

Tech  ·  28 March 2014
Markets

Price of Iceland’s Auroracoin Falls 50% Against Bitcoin After Airdrop

CoinDesk reviews the ups and downs of auroracoin's official launch, and what they mean for country-based digital currencies.

Tech  ·  26 March 2014