Cryptocurrencies

International Internet Magazine. Baltic States news & analytics Friday, 17.08.2018, 11:50

Company mining cryptocurrency in territory of VKG in Estonia postpones ICO

Company mining cryptocurrency in territory of VKG in Estonia postpones ICO

30.07.2018

Nordcoin Mining OU, a company that at the beginning of 2018 started mining cryptocurrency in the territory of the northeast Estonia based oil shale mining and oil shale energy company Viru Keemia Grupp (VKG) and installed a container park necessary for mining the currencies in the territory of VKG, is postponing its initial coin offering (ICO) citing bad communication with the Financial Supervision Authority, according the daily Eesti Paevaleht reports LETA/BNS.

Keyword tags: Cryptocurrencies, Estonia, Financial Services, Internet



Blockchain sandbox project LBChain moving to the next stage

Blockchain sandbox project LBChain moving to the next stage

19.07.2018

The Bank of Lithuania call for proposals to create a blockchain sandbox dubbed „LBChain“ received a great deal of attention from developers: with 9 tenders received, 4 companies were selected to move on to the next stage of the pre-commercial procurement – UAB Deloitte verslo konsultacijos, IBM Polska Sp. z.o.o., UAB Tieto Lietuva and UAB INNTEC, informed Bank of Lietuva.

The Central Bank of Lithuania to issue the world’s first digital collector coin

The Central Bank of Lithuania to issue the world’s first digital collector coin

06.03.2018

Taking a groundbreaking step, the Bank of Lithuania is set to make history, issuing a one-of-a-kind digital collector coin already this year. The coin will be designed using blockchain or other equivalent technologies.



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