Experts believe that Libra’s hiring spree signifies a willingness to comply with existing legal and financial guidelines. Following a big-time update to its white paper in mid-April, the Libra Association has over the past couple of weeks made a string of striking new additions to its core governance team, including appointing Robert Werner as its […]
Continue ReadingIran’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. 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. As reported by the Iranian […]
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Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging. 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, […]
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Cambridge University has launched a ‘Bitcoin Mining Map’ that shows the distribution of hashing power worldwide as well as within China. The Cambridge University’s Centre for Alternative Finance (CCAF) has launched a Bitcoin Mining Map that provides the average monthly hash rate produced by each country across the globe. The map is informed by the data […]
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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 crypto crime analyses. 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 […]
Continue ReadingIran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan. Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country. With 6,000 rigs, iMiner’s setup would purportedly make it one of the largest crypto […]
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Losses in traditional finance during the COVID-19 pandemic could underline the benefits of cryptocurrencies to the world. In 2007, Nassim Nicholas Taleb, a former Wall Street trader turned professor, described the idea of a “black swan” event. Black swans are defined as being rare, of major consequence and impossible to predict, though he tempered their […]
Continue ReadingDespite the high level of privacy, Venezuela’s national crypto could not help avoid international sanctions nor even cover the illicit activities of the country’s leaders. At the end of February, the United States Immigration and Customs Enforcement revealed its Cryptocurrency Intelligence Program, which targets peer-to-peer and darknet markets for the illicit use of cryptocurrencies. Then, […]
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Genobank has partnered with Telos to develop an app facilitating private coronavirus testing. Genobank, a blockchain project seeking to offer consumers ownership and control over their DNA data, is preparing to launch an app on EOS-based blockchain platform Telos to assist people in accessing anonymous coronavirus testing. According to a recent announcement from the Telos […]
Continue ReadingAs many as 42 million people in Iran purportedly used unofficial Telegram apps due to the messenger’s ban in the country only to have their data leaked. While Telegram isn’t giving up its ongoing legal battle with United States regulators to launch its TON blockchain project, some online perpetrators are taking advantage of the messenger’s […]
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