Tag: Frankfurt

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German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

September 20, 2024

German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown follows a series of other operations targeting major cybercrime networks. With seized user and transaction data, authorities are set to pursue further…
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Privacy Fears Undermine Support for Digital Euro in Germany

August 18, 2024

Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing…
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Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether

July 15, 2024

On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The company aims to enhance its cloud platform and expand its data centers in Europe and the United States. Bitcoin Miner Northern Data AG Reveals Capital…
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Bitcoin nodes data: Frankfurt houses the largest city-wide network

January 11, 2023

Distributed across 5773 cities worldwide, over 60% and 14% of the Bitcoin nodes run on IPv4 and IPv6 protocols, respectively, while more than 25% run anonymously on .onion. While the United States holds the biggest share in Bitcoin (BTC) hash rate contribution and ATM network, the city hosting the most number of reachable Bitcoin nodes…
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Ep07- Moneyland – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast

November 18, 2022

What’s Moneyland? That’s what the first half of this “The Missing Cryptoqueen” episode is about. The second part is about Frankfurt, the city where Jamie and Georgia think that Dr. Ruja might be hiding. In any case, Moneyland is that mythical place where the money that millionaires and corporate entities want to disappear goes. The…
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Crypto startup to save iconic fiat money sculpture with 1M euros in funding

September 29, 2022

The crypto industry is coming to save the troubled “Euro-Skulptur” monument in Frankfurt after traditional banks refused to support the symbol of eurozone decision-making. The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic “Euro-Skulptur” monument in Frankfurt. Frankfurt-based crypto startup Caiz Development will…
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