New US sanctions target crypto addresses of Russian hackers accused of election interference
As new U.S. election nears, the Treasury adds new names and crypto addresses to its specially designated nationals list Go to Source Powered by WPeMatico
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Iran One-Ups the United States? Tehran Seeks Crypto Mining Dominance
Iran’s government OKs power plants mining crypto as the country moves forward with a national strategy for cryptocurrency mining. Go to Source Powered by WPeMatico
US Government Puts Out $5 Million Bounty for Petro Supervisor
The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged sanction evasion schemes. Go to Source Powered by WPeMatico
Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. Go to Source Powered by WPeMatico
Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises
Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging. Go to Source Powered by WPeMatico
3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions … Read more
Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35K
Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges. Go to Source Powered by WPeMatico
DPRK Insider: Kim Jong-Un in Good Health, Crypto Will Help Fight Imperialism
A special delegate of the North Korean government has told Cointelegraph that Kim Jong-un is in good health and that Bitcoin will help the regime fight imperialism Go to Source Powered by WPeMatico
US Sanctions Strategy and Crypto: The Cracks Are Showing in Iran
The U.S. Treasury is working to enforce sanctions in crypto but economic war risks isolating the country Go to Source Powered by WPeMatico
North Korea may Have to Forfeit 113 Cryptocurrency Accounts
The involvement of North Korea in cryptocurrency has always been subject to speculation. A new report seems to indicate that the US wants to gain control of all digital assets tied to this country. Various countries around the world are subject to sanctions. The Role of North Korea in Bitcoin These sanctions are imposed for … Read more