Dow Energy Stocks Boom as Trump Shocks Oil Market
By CCN: The global energy market quaked on Monday after the Trump administration took aim at Iran, yanking lucrative sanctions exemptions with the explicit goal of bringing “Iran’s oil …
Iran
Chinese Bitcoin Miners Lose Again after Flocking to Iran for Cheap Electricity
Many Chinese bitcoin miners migrated to Iran in 2018 for its cheap electricity amid China’s crackdown on crypto mining. However, they’re finding the harsh environment in the authoritarian regime …
Why This Unholy Trinity of State-Run Crypto Projects Could Poison Donald Trump’s Stance on Bitcoin
For a man as verbose as US President Donald Trump, the former real estate developer and reality television star has had little to say about bitcoin. However, there are …
Who is Actually Going to Buy Iran’s New Cryptocurrency?
Iran is creating a state-backed cryptocurrency. The options for the digital token are currently open. Reportedly, it’s initially only for crypto companies to do business with the Central Bank …
Iran Launches Gold-backed Cryptocurrency as Anticipation for Crypto-Rial Grows to Evade US Sanctions
A gold-backed cryptocurrency has been launched in the Islamic Republic of Iran,. The cryptocurrency known as Peyman (the Persian word for covenant) is the fruit of cooperation between four …
Iran Could Announce a State Cryptocurrency to Evade US Sanctions Today
As U.S-imposed sanctions continue to cripple Iran economically, the Islamic state is reportedly on the verge of announcing its state-backed cryptocurrency. The ability of Iranian financial institutions to conduct transactions …
Iran Warns Citizens Against Using Telegram’s Cryptocurrency, Gram
The Iranian government has continued its adversarial actions against Telegram by criminalizing the use of Gram, the native token of the encrypted messaging app’s new blockchain. According to the …
Iranians Turn to Bitcoin Mining to Cushion the Effects of U.S. Sanctions
Iran is in the middle of a bit of an economic crisis right now. Due to hiccups caused by the sanctions that were imposed by the United States government …
Iranian Official Believes Blockchain Can Drive Economic Growth
According to an Iranian official, the integration of blockchain technology and cryptocurrencies could provide a much-needed boost to the country’s economy, per reports on the Tehran Times. Alireza Daliri, …
People Are Still Sending Funds to Iranian Bitcoin Addresses Banned by the US Government
The two addresses publicized by the US Treasury this week as belonging to associates of those behind the SamSam Ransomware attack, a lucrative operation that ran for years and …
US Blacklists Bitcoin Addresses of Iranians Behind SamSam Ransomware
Readers may remember the SamSam ransomware attack, which cost everyday computer users a total of at least $6 million in BTC, as reported back in August. Today the US …
Sanctions Remove Iran from SWIFT, Will it Switch to Crypto as Planned?
This week, the U.S. officially removed Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, disallowing the Central Bank of the Islamic Republic of Iran from working …
Untraceable Cryptocurrency Can Help Us Bypass Sanctions: Iranian General
An Iranian general has strongly hinted that the country could soon turn to cryptocurrencies as a way to evade international financial sanctions. Brigadier General Gholam Reza Jalali, head of …
Iran Legitimizes Crypto Mining Industry, Bitcoin Price Spikes to $24,000 Locally
The Iranian government’s recognition of cryptocurrency mining as a legitimate industry propelled bitcoin price to hit record highs at a time when the country closes in on its own …
Tom Lee: Bitcoin to Hit $20k in 2018 Despite Struggle of Emerging Markets
Fundstrat’s Tom Lee, a Bitcoin permabull known for his optimistic price targets for the dominant cryptocurrency, has said that Bitcoin will likely end the year explosively higher possibly at …
Iran Reveals National Cryptocurrency Features as U.S. Sanctions Sting
The Republic of Iran has revealed the details of its national cryptocurrency in response to the United States-led economic sanctions. According to Informatics Services Corporations (ISC), a central bank-affiliated …
Iranian Hackers Developing Ransomware for Bitcoin, Cybersecurity Experts Warn
As the US gets ready to impose sanctions on Iran, hackers in that country are working on ransomware to secure bitcoin, according to cybersecurity experts interviewed by The Wall Street …
Iran’s Bitcoin Volume Soars as Rial Value Enters ‘Death Spiral’
Iran’s national currency has crashed to its record low against the U.S. Dollar as the country prepares to face economic sanctions imposed by the Trump administration. The Iranian Rial, …
Iran Inches Closer to National Cryptocurrency in Plan to Evade US Sanctions
Iran is preparing to launch its own “indigenous” state cryptocurrency that authorities envision will help the country circumvent the latest economic sanctions enforced by U.S. President Donald Trump. According …