Oluwapelumi Adejumo · 8 hours ago · 2 min read
Iranian hackers use cryptojacker to bypass sanctions, says report
Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday.
This country will now buy state-mined Bitcoin to fund imports
The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA.
Why crypto: Inflation “ravages” Iran’s rial, forcing creation of new currency
In a move helping to prove the intrinsic value of Bitcoin and other crypto assets, Iran’s government is finally marking an end to the national currency, the rial, after years upon years of hyperinflation in response to poor economic conditions.
What Bitcoin and Ethereum can teach GitHub following the Iranian user ban
GitHub, a San Francisco-based open-source code hosting provider, was prevented from providing sanctioned nations, including Iran and Syria, with access to their supposedly open-source services.
Iran government legalizes Bitcoin and crypto mining
Cryptocurrency mining farms have been booming in Iran due to its low electricity costs.
Iran Considers Blockchain Technology Amidst Embargo Questions
Iran’s Public Relations and Information Center for the Vice Presidency for Science and Technology suggest interest in blockchain by encouraging improvements to “the infrastructure of blockchain technology with the help of [the] government and private sector.” This latest move indicates Iran is keen on joining other nations in getting a jump on the potential benefits […]