There are some interesting bitcoin-related rumors out there. Recent tensions in Iran have caused a fair amount of information to be wrongfully interpreted. Social unrest can often trigger a local bitcoin price increase. Bitcoin Isn’t Mooning in Iran Following the incidents affecting Iran and Iraq, one would expect citizens to […]
Tag: Iran
Iran Successfully Averted two Cyber Attacks This Week
Cyber attacks have become very common over the past few years. It would appear hackers are primarily targeting entire nations, rather than individual targets. One country dealing with plenty of cyber attacks is Iran. Iran Thwarts two Cyber Attacks So much even that at least two such attacks took place […]
Iran’s APT33 Hacking Unit Targets Industrial Control Systems
For quite some time now, there have been claims as to how Iran has state-funded hacking groups under its control. Those rumors will only be reinforced following a string of recent attacks against industrial control systems executed by APT33. It would appear a new group of state-sponsored Iranian hackers is […]
Officials Seize Hundreds of Bitcoin Mining Machines in Iran
Bitcoin is a very unique form of money which is often misunderstood. Especially when it comes to mining cryptocurrencies, there are a fair few misconceptions. In Iran, the mining of cryptocurrency has turned into a political debate. Despite there not being any official law prohibiting this industry, several hundred miners […]
4 Crucial Developments Affecting Bitcoin’s Growth in Iran
A lot of things are changing in the world of cryptocurrency. As this industry gains more widespread adoption, it is only normal the ecosystem receives some improvements along the way. In Iran, however, there are a fair few developments which may or may not paint a bright future for Bitcoin […]
It’s Happening! Iran Authorizes National Crypto and Legalizes Bitcoin as UAE and S.Arabia Push On
It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community. Finally, the tone has changed. Today, the Central […]
Bitcoin Price Watch: Currency Falls in the U.S. While Up in Iran
Bitcoin has suffered insurmountable losses over the past two days. Roughly 15 percent has wiped away from bitcoin’s value, and at press time, the price stands at about $6,404 – virtually unchanged from yesterday. It wouldn’t be so bad if at the beginning of the week the currency wasn’t trading […]
Iranian National Crypto’s Features Revealed as Official Launch Looms Closer
Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an […]
Looming US Sanctions Lead Iran to Develop a National Digital Currency
Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the […]