Iceland


Markets

He Saw Iceland’s Banking Fraud From Inside. Now He’s Worried About Crypto

“I think we’re living on a sand castle financial system,” says former banker and fraud investigator Jared Bibler.

"Iceland's Secret" author and financial fraud investigator Jared Bibler. (Harriman House)

Policy

What Iceland’s Spectacular Banking Collapse Teaches Us About Tether

Iceland’s surreal banking bubble led to one of the biggest blowups of the 2008 financial crisis. The story holds important lessons – including a possible scenario for Tether’s collapse.

Iceland's famed Fagradalsfjall Volcano. The small nation's banks are also well known for their tendency to explode. (Sophia Groves/Getty Images)

Markets

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.

IKEA

Markets

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.

AMIR

Markets

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.

Photo courtesy of Monerium

Markets

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.

Consensys-Monerium (2)

Markets

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.

mine

Markets

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.

policelight

Markets

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.

Jail

Markets

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.

prison

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