Tether’s role in Venezuela, Iran highlights the duality of stablecoins
In recent developments, the dual life of stablecoins: A lifeline for citizens and a tool for sanctioned entities involved in Venezuela and Iran’s economic crises. Looking closer, market participants highlight…
Bitchat Sees Rapid Uptake in Iran During Nationwide Internet Blackout
In recent developments, bitchat, a decentralized messaging application designed to function without internet access, has seen a sharp rise in adoption in Iran during a nationwide internet blackout that began…
Iran is cut off from the internet: Here’s how crypto could still work
In recent developments, protests began in Iran in response to worsening economic conditions and as the Iranian rial hit record lows against the US dollar. Looking closer, market participants highlight…
Iran’s currency collapse shows why Bitcoin is seen as an exit option
In recent developments, as Iran’s rial hits record lows, Bitcoin is resurfacing in public discourse. Its decentralized design is often cited as a contrast to state-managed fiat currencies. Looking closer,…
Report: Iran Now Accepts Crypto for Advanced Military Equipment
In recent developments, the Ministry of Defense Export Center of Iran, referred to as Mindex, is now accepting payments in cryptocurrency for advanced weaponry equipment, such as drones and ballistic…
Iran Faces Largest Protests in Three Years Amid Soaring Inflation and Currenc…
In recent developments, nationwide demonstrations erupt in Iran as the country’s currency collapses to a record low, with the Central Bank governor resigning and inflation reaching critical levels. Massive protests…
95% of Iran’s 427,000 active crypto mining devices operate illegally, offic…
In recent developments, iran’s energy chief says 95% of the country’s 427,000 crypto mining rigs operate illegally, consuming massive power and destabilizing the national grid. Looking closer, market participants highlight…
