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Binance's 'Innovation Zone,' Iranian Power Plants Eye Bitcoin Mining + More News
21.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance CEO, Changpeng Zhao, announced the creation of the so-called Innovation Zone, which the post said will allow users to trade...
Three Iranian Power Plants Plan to Sell Electricity to Crypto Miners
21.9.2020
Three Iranian power plants with enough output to supply half of New York City will begin selling some surplus power to crypto miners
The Iranian government took down over a thousand crypto mining farms
24.8.2020
Iran is rewarding people who turn in crypto miners operating without a license
Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran
14.8.2020
During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. According to the Chinese mining operation Lubian, it claims to operate...
Iranian Authorities Greenlight Power Plants Mining Bitcoin
30.7.2020
According to Iranian authorities, power plants can mine cryptocurrencies like Bitcoin, but will not be able to take advantage of subsidies
Chinese Police Investigate ‘Exit Scam’ by Iranian Crypto Exchange
18.6.2020
Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam
Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf
2.6.2020
An Iranian lawmaker wants his country’s central bank to take bitcoin seriously
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
Iranian President Calls for National Crypto Mining Strategy
21.5.2020
Iran's President has ordered officials to develop a new approach to cryptocurrency mining
Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions
7.5.2020
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...
Iranian Authorizes Issue License for 6000-Rig Crypto Farm
4.5.2020
Iran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan
Unofficial Iranian Telegram Applications Leak Data of 42M Users
31.3.2020
Data of 42 million Iranians using unofficial Telegram messengers got publicly exposed online
Iranian General Calls for use of Crypto to Evade Sanctions
27.2.2020
Speaking from Iran on Wednesday, a top Iranian General has called for more sophisticated methods to evade sanctions, including the use of cryptocurrency
Iranian General Advocates Crypto Use for Skirting Sanctions: Report
27.2.2020
Iranian general Saeed Mohammed is calling for the use of crypto to help Iran evade sanctions designed to isolate it from the global financial system, according to Coinit.ir
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
12.2.2020
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable...
Iranian Authorities Have Issued 1,000 Licenses for Cryptocurrency Mining
27.1.2020
Iranian trade and mining authorities have issued over 1,000 licenses for cryptocurrency mining so far
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
Bitcoin Hits New 2020 High Above $8,400 After Iranian Missile Attack
8.1.2020
Bitcoin’s price has hit a new record for 2020, reaching as high as $8,438 before retracing slightly
Bitcoin Jumps 5%, Gaining With Gold, After US Kills Top Iranian Official
3.1.2020
Bitcoin jumped the most in two weeks after a U.S. drone strike killed a top Iranian military commander, fueling speculation that heightened geopolitical turmoil might spur demand for the cryptocurrency in 2020
Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...