Cryptocurrency Analysis and News Portal
Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, each toman will be worth 10,000 rials.The redenomination plan effectively removes four place values (four zeros) from the Iranian
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Iranian authorities have licensed Turkish Bitcoin mining giant, iMiner, to begin operations in the country. iMiner to Operate Bitcoin Mining Facility in Iran According to a report from a local news outlet, Tabnak, in late April 2020, Iran’s Ministry of Industry, Mine and Trade granted a bitcoin mining license to iMiner, which
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New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest cryptocurrency crime analyses. Published on May 4, three installments of the firm’s new Crypto Crime Intelligence Briefs provide insights into the mechanisms and routes being used for illicit transactions in
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iMiner, a Turkey-based company, has been granted a license to mine cryptocurrencies in Iran.Local news source Tabnak news reported on April 28 that iMiner has the green light from the nation's Ministry of Industry, Mine and Trade to operate up to 6,000 mining rigs in the city of Semnan.The mining
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Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total.According to media reports, the miner has spent $7.3 million setting up the mining facility, located in Iran’s
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Running up against limited experience and resources for monitoring potentially illegal use of digital assets, United States authorities delegate sanctions monitoring to cryptocurrency exchanges and industry players. But do current practices do more harm than good?Who will watch the watchlist?Within the U.S. Treasury, the Office of Foreign Asset Control
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Iran’s deputy health minister has been infected with coronavirus. The news comes an hour after the nation’s President asked citizens to not panic about the epidemic. Experts believe the number of cases in Iran to be much higher. Iran’s Fars news agency has reported that the nation’s deputy health
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Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday.The New York Times reported the Trump administration “has expressed growing concern” that this technology is being used to “evade American sanctions on countries like Iran.”Earlier this week, the Parliament of Iran Research Center published
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Over the last few hours, the price of Bitcoin (BTC) began to falter at $8,300 and dropped all the way to the support at $8,000 as United States President Donald Trump stated that he would not seek further military action against Iran following Tuesday night’s bombing of two air
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On Tuesday Bitcoin price continued the rally of the previous day by retaking $8,000 then pushing above the 200-day moving average for the first time since November 2019. The strong upside move also brought the digital asset above the long-term descending channel which formed on Jun. 25 and outside
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