Norway | ForkLog

ForkLog 96 13.08.2025

Norway’s Sovereign Fund Indirectly Invests $863 Million in Bitcoin

Norway’s sovereign wealth fund has increased its indirect investments in the leading cryptocurrency to a record 7,161 BTC. According to K33, as of June 30, the value of these “digital reserves” stood at $862.8 million. NBIM’s indirect BTC exposure has hit new ATHs of 7,161 BTC. This is my favorite chart to update whenever the […]

AI translated

ForkLog 50 23.06.2025

Norway Considers Restricting Bitcoin Mining

The Norwegian government will consider by autumn the possibility of banning the establishment of new cryptocurrency mining enterprises using energy-intensive algorithms like Proof-of-Work (PoW). According to the head of the Ministry of Local Government and Modernisation, Karianne Tung, this activity “offers little to local communities in terms of jobs and income.” “This is energy we […]

AI translated

ForkLog 11 19.02.2025

Four Norwegians Charged with $80 Million Cryptocurrency Fraud

The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime, Økokrim, has charged four citizens with orchestrating a cryptocurrency fraud scheme and money laundering. According to the authorities, the individuals operated between 2015 and 2018. They attracted potential victims by offering shares in a purportedly profitable business involved in mineral extraction investments. […]

AI translated

ForkLog 26 15.09.2024

Norwegian Town Faces Energy Cost Surge After Bitcoin Farm Closure

Residents of the Hadsel municipality in Norway succeeded in shutting down a Bitcoin mining centre due to noise complaints. However, this led to a sharp increase in electricity bills. Power bills increased by $300 per year for each home in a Norwegian town after the local #bitcoin miner shut down. The miner paid 20% of […]

AI translated

ForkLog 6 07.06.2024

Sky Mavis Recovers $5.7 Million in Stolen Funds

The studio behind Axie Infinity, Sky Mavis, has announced the recovery of $5.7 million stolen from the Ronin sidechain. Today we received some exciting news from the Norwegian government and Økokrim. The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has successfully frozen and returned 5.7 M USD in stolen […]

AI translated

ForkLog 11 15.04.2024

Norwegian Authorities Move to Restrict Bitcoin Mining

The Norwegian government aims to put an end to cryptocurrency mining in the country, deeming it an undesirable activity, reports VG. “That is why we are proposing legislation that will regulate the data center industry for the first time,” stated Kariann Tung, head of the Ministry of Digitalization. Registration will require disclosure of the enterprise’s […]

AI translated

ForkLog 5 16.02.2023

Norwegian authorities seize $5.9 million stolen from Axie Infinity’s Ronin sidechain

Norwegian law enforcement seized 60 million kroner ($5.9 million) stolen from the Axie Infinity-linked Ronin sidechain.

AI translated

ForkLog 11 15.09.2022

Norwegian town takes aim at Bitcoin miners

Authorities and residents of the Norwegian town of Sortland have begun a fight against a local mining company over the noise it produces. Cointelegraph reports.

AI translated

ForkLog 8 25.06.2022

Norway to launch Ethereum-based solution for capitalization tables

The Norwegian government will launch a solution for creating capitalization tables on the Ethereum blockchain. The tool is intended for companies not registered on stock exchanges.

AI translated

ForkLog 6 13.05.2022

Norway’s Parliament rejects ban on Bitcoin mining

Norway's parliament rejected a bill to ban mining in the country. The initiative was supported only by the left-wing parties.

AI translated

ForkLog 6 31.03.2022

Survey finds 10% of Norway’s adults own cryptocurrencies

Share of cryptocurrency holders among Norway's adult population in 2018-2021 nearly doubled, reaching 10%. This is reported in a joint study by Arcane Research and Ernst & Young.

AI translated

ForkLog 13 19.11.2021

Norway to consider Bitcoin mining ban following Sweden

Norway may back the Swedish regulators' initiative to ban cryptocurrency mining, including Bitcoin, at the EU level. The government cited 'unjustified electricity costs'.

AI translated

#Norway