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Iran Launches Digital Rial Pilot on Kish Island
21.6.2024
The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital currency (CBDC) on the southern island of Kish. The CBI stated on Tuesday that the digital rial will be available to banking customers and tourists in Kish starting...
Iran to launch public CBDC pilot in June
19.6.2024
Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between the buyer and the seller
Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says
19.5.2024
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away from the U.S. dollar. Russia-Iran Trade Flourishes...
Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism
3.5.2024
Two US Senators have together warned that this “ongoing activity by the Iranian government threatens our national security.”
The post Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism appeared first on Cryptonews
Iran and Russia Working on Bilateral CBDC-powered Trade Solutions
3.5.2024
Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed.
The post Iran and Russia Working on Bilateral CBDC-powered Trade Solutions appeared first on Cryptonews
US lawmakers warn of Iranian crypto miners threatening national security
2.5.2024
According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations
U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
2.5.2024
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions
Economist Peter Schiff Declares ‘Bitcoin Fad is Over’ as Gold Prices Soar
19.4.2024
After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five days, gold has increased by 1.85%, while bitcoin has declined by 8% since the onset of the conflict last...
Bitcoin Price Prediction as Crypto Market Recovers Following Israeli Retaliation Against Iran – Is the Worst Over?
19.4.2024
Amid heightened global tensions, Bitcoin's price navigates at $64,520, reflecting a 1.65% drop as investors eye the transformative potential of the upcoming halving.
The post Bitcoin Price Prediction as Crypto Market Recovers Following Israeli Retaliation Against Iran – Is the Worst Over? appeared...
Bitcoin Dips Below $60K as Israel Launches Strike on Iran
19.4.2024
Iran's first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold
Top Crypto Gainers Today on DEXScreener – SHIELD, INNO, DAMM
15.4.2024
With the bears back in control of the broader crypto market on Monday amid a continuation of concerns about the tense Iran/Israel situation, as well as regarding the latest strong US economic data which will likely on serve to further deter the Fed from cutting interest rates, crypto traders...
PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion
15.4.2024
PAXG Reaches All-Time High over the weekend due to the rising tension in the Middle East, leading to questions about Bitcoin’s value as a geopolitical hedge.
The post PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion appeared first on Cryptonews
Bitcoin Price Prediction: BTC Nears $66,000 Pivot as Iran-Israel Tensions Escalate
15.4.2024
As fears escalate between Iran and Israel, Bitcoin's price prediction hovers near the pivotal $66,000 mark, underscoring heightened market uncertainty.
The post Bitcoin Price Prediction: BTC Nears $66,000 Pivot as Iran-Israel Tensions Escalate appeared first on Cryptonews
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off
14.4.2024
The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital assets.
The post Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off appeared first on Cryptonews
XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming?
13.4.2024
The XRP (XRP) price came under heavy selling pressure on Friday, dumping 11% to $0.54 amid a crash in altcoin markets due to rising concerns about a potential US/Israel versus Iran war.
The post XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming? appeared first on Cryptonews
Families of Hamas-Attack Victims Sue Binance Over Alleged Role in Terror Financing
1.2.2024
Families of victims of the Oct 7 Hamas attack on Israel have filed a lawsuit against cryptocurrency exchange Binance over its alleged role in facilitating the transfer of funds utilized by terrorist groups. Court Filings Submitted Against Binance, Iran, and Syria A Jan 31 court filing shows...
BRICS Meeting: Iran Pushes for Common Currency — China, Russia Prioritize Settlements in Local Currencies
31.1.2024
The first BRICS sherpa meeting with 10 member states has kicked off in Russia with representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia, the United Arab Emirates, Iran, Egypt, and Ethiopia. China, Russia, and Iran are all advocating for the use of national currencies...
US Senator Marco Rubio Warns BRICS Expansion Threatens Western Sanctions’ Effectiveness
23.1.2024
Florida Senator Marco Rubio expressed his worries about the increasing influence of BRICS, the international group, in the world’s economic system. According to Rubio, if the group keeps expanding, it will be a valid alternative to the current system, allowing nations to sway away from...
Iranian Crypto Exchange Bit24.cash Reportedly Exposes Sensitive Data of Nearly 230K Users
9.1.2024
Source: Pixabay Iranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “wholly untrue.” The breach was attributed to an alleged misconfigured storage system used by...
Lavrov Highlights 30 Nations’ Interest in BRICS as China-Saudi Pact Poses Challenge to US Dollar
27.12.2023
In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that approximately “30 countries would like to establish partner ties...