Israeli prosecutors indicted the two on charges of attempting to use confidential military intelligence to make bets on Polymarket, a blockchain-based prediction market. The suspects include one Israeli Defence Forces reservist and another civilian. Authorities accused the reservist of obtaining sensitive operational intelligence in the course of his military duties
The U.S. Department of the Treasury is reviewing whether crypto exchanges and digital asset infrastructure have been used by Iranian-linked actors to circumvent international sanctions. The U.S. regulators are also paying attention to the centralized exchanges, stablecoin routes, and liquidity providers that could act as repeatable access points for the
The US-Iran conflict saw a new incident, following which the market noted a rally for Gold prices. Its rise as an alternative safe haven for investors has again brought crypto prices under the scanner. All leading tokens are below the major milestones, possibly waiting to review developments on Friday between
The U.S. Treasury has sanctioned two crypto exchanges in the UK, Zedcex and Zedxion, for allegedly assisting Iran in evading U.S. and international financial sanctions. The sanctions were issued by OFAC, or the Office of Foreign Assets Control, at the U.S. Treasury. This is the first time that OFAC has
The Iranian government blocked all access to the internet across the country yesterday in response to the spread of protests throughout Iran, reigniting discussion over whether cryptocurrency is still possible amidst extreme levels of connectivity restriction. The move comes as a result of Iran’s deteriorating economy and its Iranian rial
The move, according to various local Iranian media sources, has been initiated by the Iranian government, which now permits foreign governments to purchase sophisticated equipment from the Iranian Defence Ministry using cryptocurrency. The project is led by the Ministry of Defence Export Center, or Mindex, a government entity tasked with
A sharp drop in the value of the national currency of Iran, the rial, has catalyzed widespread protests and has renewed global conversations about digital assets serving as a hedge against severe instances of fiat currency devaluation. In light of continued economic stress, international sanctions, and banking instability, the recent
Following Israel’s airstrikes against targets in Iran, the price of Bitcoin fell nearly 4% from $108,500 to $103,500, as per the data from CoinMarketCap. Israel revealed that the strikes were targeted at Iranian military infrastructure near Tehran and Tabriz. The country described it as a preemptive response to increasing threats.
The digital money issued by the Central Bank of Iran is termed “crypto rial”. Officials have also begun issuing crypto mining licenses. On Wednesday, the CBI of Iran declared that on Thursday, “the pilot launch of crypto rial” will commence, as reported by the Iranian Chamber of Commerce, Industries, Mines,
A rural electric utility company, a children’s hospital, and others are among the sanctions. The suspected attackers and their firms have been added to OFAC’s sanctions list. A ransomware gang linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) has been sanctioned by the United States Treasury’s Office of Foreign Assets
