Coin Network reports: Two well-known Crypto Assets developers were arrested in the United States on suspicion of Money Laundering and conspiracy. They have developed the popular Bitcoin Wallet app Samourai and servers in Iceland, Whirlpool (Coinjoin service), the use of which allegedly fuels the activities of illegal trading markets such as Silk Road and Hydra Market. A New York court charged the two with aiding and abetting money laundering and unauthorized remittances of more than $2 billion through their services.

coin The U.S. Department of Justice (DOJ) announced the arrest of Keonne Rodriguez and William Hill, co-founders of Samourai Wallet, who have been charged with Money Laundering in illegal transactions involving more than $2 billion. Rodriguez was arrested in Pennsylvania and Hill was arrested in Portugal. The United States will also seek Hill's extradition. In addition, Iceland has confiscated the company's servers and domain names, and the Google Play Store has stopped offering its apps. The investigation also involved the IRS and the FBI.

PANews reported on March 24 that, according to the Financial Times, the Prime Minister of Iceland expressed his desire to curb the country's crypto mining in an interview, and plans to prioritize food security over economic gains. The Icelandic prime minister said the recent protests by European farmers and trade disruptions meant that the Nordic countries needed to reduce their dependence on imports. The Icelandic Prime Minister tried to curb Bitcoin miners because Bitcoin and cryptocurrencies consume a lot of energy, and crypto mining consumes more electricity than Icelandic households use.

Icelandic Prime Minister Katrín Jakobsdóttir said in an interview that he wants to shift the country's renewable energy from the crypto mining industry to households and other industries in Iceland, saying that "Bitcoin is a global problem...... Iceland's data centers use a large portion of green energy." The price of 100% renewable electricity in Iceland is not affected by fluctuations in global fuel prices, which makes the country an attractive destination for cryptocurrency miners. However, according to research firm Luxor, the country's crypto mining is not expected to grow as electricity becomes increasingly scarce amid high demand and few new power plants are being built. （FT）

PANews reported on March 14 that according to Decrypt, the well-known French director Pierre Morel will direct a film based on the Ethereum NFT series "Reactor Motors", which is called "Reactor Motors". It is reported that the NFT series "Reactor Motors" contains 8,888 images of high-end racing cars. Pierre Morel's representative works as a director include "Violent Neighborhood 13", "Paris Spy", "Hurricane Rescue" and so on. The film "Reactor Motors" will tell the story of Eva Mason, a geophysicist who discovered "Reykium" in a volcano in Iceland and invented the clean energy race car. Mason's discovery attracted the attention of an energy conglomerate, who would stop at nothing to get "Reykium". Director Louis Leterrier, who previously directed Marvel's 2008 films Hulk, Rogue and Fast and Furious, will work with Reactor Motors founder Mike Bundlie on the Reactor Motors films. Bundlie said the cast reveal schedule should take place later this year due to the financial benefits of the project. He added that "Reactor Motors" will be a high-budget independent film, but it will not bankrupt the studio.

PANews reported on March 14 that according to Decrypt, the well-known French director Pierre Morel will direct a film based on the Ethereum NFT series "Reactor Motors", which is called "Reactor Motors". It is reported that the NFT series "Reactor Motors" contains 8,888 images of high-end racing cars. Pierre Morel's representative works as a director include "Violent Neighborhood 13", "Paris Spy", "Hurricane Rescue" and so on. The film "Reactor Motors" will tell the story of Eva Mason, a geophysicist who discovered "Reykium" in a volcano in Iceland and invented the clean energy race car. Mason's discovery attracted the attention of an energy conglomerate, who would stop at nothing to get "Reykium". Director Louis Leterrier, who previously directed Marvel's 2008 films Hulk, Rogue and Fast and Furious, will work with Reactor Motors founder Mike Bundlie on the Reactor Motors films. Bundlie said the cast reveal schedule should take place later this year due to the financial benefits of the project. He added that "Reactor Motors" will be a high-budget independent film, but it will not bankrupt the studio.

Golden Finance reported that a research report from cryptocurrency mining service provider Luxor Technologies stated that another advantage of Iceland’s power system is that it is completely isolated from the rest of the world, thus protecting it from global electricity price inflation. Bitcoin miners are constantly searching for cheap electricity as they use specialized energy-hungry computers to verify transaction records on the blockchain and receive rewards in the form of tokens. Thousands of these computers, or bitcoin mining rigs, are stacked together in a data center. According to Luxor estimates, Iceland’s Bitcoin mining industry consumes about 120 megawatts of electricity. Iceland has a population of only 370,000, but it is the most intensive Bitcoin mining country on the planet.

Golden Finance reported that Daniel Jonsson, CEO of Icelandic data center service provider GreenBlocks, said that before the crypto mining industry emerged in Iceland, the vast majority of non-guaranteed electricity was not a marketable product, so we were essentially buying something that others could not. purchased electricity. A research report from cryptocurrency mining service provider Luxor Technologies states that another advantage of Iceland’s electricity system is that it is completely isolated from the rest of the world, thus protecting it from global electricity price inflation. According to Luxor estimates, Icelandic Bitcoin The currency mining industry consumes approximately 120 megawatts. “Iceland has a population of only 370,000 and is the country with the highest Bitcoin mining density on the planet.”

PANews, August 31, according to Bloomberg, Iceland has become a haven for Bitcoin miners as energy costs soar and regulatory pressure on cryptocurrency businesses increases in the United States and other countries. The volcanic island relies almost entirely on hydroelectric and geothermal energy, and it has historically generated a surplus. Miners already use this energy for their energy-intensive computers. Not only is Iceland rich in renewable energy, but its cool climate is also attractive to overworked data centers. Daniel Jonsson, CEO of Icelandic data center services provider GreenBlocks, said: “Before the crypto mining industry emerged in Iceland, the vast majority of this non-guaranteed electricity was not a marketable product, so we were essentially buying something that no one else could buy. "Another advantage of Iceland's electricity system is that it is completely isolated from the rest of the world, thus protecting it from global electricity price inflation," a research report from cryptocurrency mining service provider Luxor Technologies said. According to Luxor estimates, Iceland’s Bitcoin mining industry consumes approximately 120 megawatts. “Iceland has a population of only 370,000 and is the country with the highest Bitcoin mining density on the planet.”

According to PANews news on July 21, according to DLNews, Ripple's European managing director Sendi Young said that the company "recently" applied to the UK Financial Conduct Authority to register as an encrypted asset company and applied for a payment institution license in Ireland. Ripple plans to expand in the UK and Europe. Young declined to reveal the numerical goals of Ripple's growth plans in the U.K. and Europe, but confirmed that the company is still increasing headcount and hiring for roles other than mission-critical. But Ripple’s status of the U.S. as its global hub “has not changed.” Over the past 18 months, Ripple has increased its workforce in the UK and Europe by around 75%, and currently has more than 100 of its roughly 900 employees worldwide based in offices in London, Dublin and Reykjavik, Iceland.

Odaily Planet Daily News Sendi Young, managing director of Ripple Europe, said that the company "recently" applied to the UK Financial Market Conduct Authority (FCA) to register as an encrypted asset company and applied for a payment institution license in Ireland. Young declined to reveal the numerical goals of Ripple's growth plans in the U.K. and Europe, but confirmed that the company is still increasing headcount and hiring for roles other than mission-critical. Over the past 18 months, Ripple has increased its headcount in the UK and Europe by around 75%, and currently has more than 100 of its roughly 900 employees globally, based in offices in London, Dublin and Reykjavik, Iceland. Young said Ripple's stance on the U.S. as its global hub "has not changed," but added that in the roughly two years since the U.S. SEC filed the lawsuit, most of the company's expansion "has occurred outside the U.S." She also said: "I just hope that the US business will pick up now and grow significantly. Having said that, we are global, with more than 15 offices around the world. (DLNews)

On July 21, Sendi Young, managing director of Ripple Europe, said that we are applying for the registration of encrypted assets in the UK and a payment license in Ireland. These are massive investments designed to allow us to continue our exponential growth in the region. Young declined to reveal the numerical goals of Ripple's growth plans in the U.K. and Europe, but confirmed that the company is still increasing headcount and hiring for roles other than mission-critical. Over the past 18 months, Ripple has increased its headcount in the UK and Europe by around 75%, and currently has more than 100 of its roughly 900 employees globally, based in offices in London, Dublin and Reykjavik, Iceland.

PANews May 19 news, according to the Wall Street Journal, New York-based bitcoin mining company Bit Digital is expanding its operations to Iceland to hedge regulatory risks in the Biden administration's proposed encryption mining tax. Bit Digital CEO Samir Tabar said the company bought 2,500 new bitcoin mining machines last week for $5 million and placed them in Iceland, the first time the company has moved new mining machines to the U.S. in two years outside the region. After Iceland’s mining rigs go live for Bit Digital, Iceland and Canada will house a fifth of the company’s mining rigs, with the rest in the U.S., and Iceland’s operations will use hydroelectric and geothermal energy. Earlier on May 3, the White House considered imposing punitive taxes on crypto mining companies.

Jinse Finance reported that Bit Digital, a Nasdaq-listed bitcoin mining company, purchased 2,500 mining equipment for $5 million to build a new data center in Iceland. Company officials said the expansion plan was in response to regulatory pressure from U.S. authorities. In particular, this question has to do with President Joe Biden's proposed 30% electricity tax on miners. According to the statement, Bit Digital is shipping new equipment overseas for the first time in two years. About one-fifth of the company's production capacity is located in Canada and Iceland.