Iranian Police Seize Batch of 117 Smuggled Crypto Mining Machines

Iranian provincial police have seized individuals smuggling in 117 cryptocurrency mining machines worth over $270,000. Iranian provincial police have arrested an individual smuggling in cryptocurrency mining machines, local news agency Fars News reported on July 31. The Saveh Police Department’s Anti-Trafficking Police seized a truck allegedly carrying 117 cryptocurrency mining machines to the value of […]

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Blockchain Startup Nets $2.4 Million in Public Funding to Fight Food Slavery

A new blockchain solution focused on ending slave labor in the food industry received $2.4 million in public funding in Australia. Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation.  […]

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Iranian Gov’t Authorizes Cryptocurrency Mining As Industrial Activity

The Iranian government has authorized domestic cryptocurrency mining as an industrial activity. The Iranian government has authorized cryptocurrency mining as an industrial activity. A report from IIDO-owned Mehr News Agency on July 29 revealed that the decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani. First step towards […]

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Hodler’s Digest, July 22–28: Libra Doubts, Bitcoin Slumps, McAfee Behind Bars

Damning new surveys suggest Facebook users don’t trust Libra, John McAfee arrested on yacht carrying weapons, and Justin Sun weathered by money laundering allegation. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more […]

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Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners

The Iranian Economic Commission has reportedly finalized a power pricing scheme for cryptocurrency miners. The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune.  Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, […]

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