Trump Administration Goes After North Korean Bitcoin Hackers
The U.S. Treasury has announced sanctions targeting North Korean cybercrime syndicates responsible for over $2 billion in bitcoin exchange hacks. OFAC Sanctions North Korean Bitcoin...
Venezuela: Bitcoin to the Rescue as US-Led Visa, Mastercard Boycott Looms
With the United States government threatening to prohibit payment companies from processing transactions in Venezuela, citizens may be forced more than ever before to adopt Bitcoin. No...
Russia: Cryptoruble Coming ‘Within 2-3 Years,’ Gov’t Official Says
Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble...
US Gov’t Sanctions First Bitcoin Addresses
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has taken action against two Iranian ransomware “facilitators.” The actions include publishing the perp’s...
SWIFT Kicks Out Iran – One Of The 3 Cheapest Countries To Mine Bitcoin
The Society For Interbank Financial Telecommunication (SWIFT) has begun blocking access to international transfers for Iranian member banks as new US sanctions take effect. SWIFT...
Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate
On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro virtual currency. Under the new guidelines, one Petro...
Russia and Iran May Use Cryptocurrencies to Bypass International Sanctions
Politicians in Iran and Russia are discussing the possibility of using digital currencies to bypass sanctions. Cryptocurrencies: A Tool for Bypassing Sanctions Decentralization is...
Iranians Will Buy Cryptocurrency As Economy Collapses, Analyst Says
Following President Donald Trump’s announcement that the US would pull out of the Iran nuclear deal, the Iranian rial crashed from $0.00003 to $0.00002, or 50,000 rials to the...
Iran Turns to Bitcoin in Preparation for Renewed U.S. Sanctions
With U.S. President Donald Trump declining to renew a nuclear deal with Iran, citizens of the country are turning to Bitcoin. Iran is facing renewed sanctions from the United States...
Bitfinex Bans Venezuela’s Petro Token
Bitfinex, the largest cryptocurrency exchange, has issued a statement today regarding its restriction of Venezuela’s state-issued Petro Token (PTR). Bitfinex has No Love for...
President Trump Bans US Citizens from Buying Venezuela’s Petro
The Venezuelan Petro’s alleged astronomical success could be under threat as US President Trump puts plans in process to prohibit American citizens from purchasing the digital...
Venezuela’s National Cryptocurrency ‘Petro’ Expected to Go Global
According to a Venezuelan official, Tuesday’s Petro pre-sale will have international reach, drawing potential investors from the US, Europe and the Middle East. It was just over two...