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Bitcoin Emerges as Hedge in Iran’s Economic Crisis, Chainalysis Study Shows

Bitcoin Emerges as Hedge in Iran’s Economic Crisis, Chainalysis Study ShowsA Chainalysis report reveals that cryptocurrency has become a critical tool for capital flight in Iran as geopolitical tensions and economic instability drive individuals and businesses to bypass stringent financial sanctions. Report Shows Economic Turmoil and Sanctions Push Iranians Toward Cryptocurrency Cryptocurrency outflows from Iran surged to $4.18 billion in 2024, marking a 70% year-over-year […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Trump’s Tough Talk on Iran Sends Rial Tumbling to Record Lows

Trump’s Tough Talk on Iran Sends Rial Tumbling to Record LowsThe Iranian currency plummeted to new lows against the U.S. dollar after President Donald Trump reinstated his “maximum pressure” policy against the Middle East country. Trump’s Rhetoric Impacts Markets The Iranian currency plummeted to new lows against the dollar after the U.S. President Donald Trump reinstated his “maximum pressure” policy against Iran. Some observers linked […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Iran Backs Unified BRICS Currency—With a Focus on National Interests

Iran Backs Unified BRICS Currency—With a Focus on National InterestsIran supports a unified BRICS currency if all members agree, signaling a shift toward economic cooperation as the bloc explores alternatives to reliance on the U.S. dollar. Iran Supports Unified BRICS Currency Amid Global Tensions Iran has expressed willingness to support the creation of a unified BRICS currency, provided that all member nations reach a […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

BRICS Challenges Dollar Dominance: Iran Backs Local Currency Framework

BRICS Challenges Dollar Dominance: Iran Backs Local Currency FrameworkBRICS nations are boosting trade in national currencies, a move Iran emphasizes as vital for reducing dollar dependence and countering the economic impact of sanctions. Breaking Free From the Dollar: Iran Pushes BRICS Toward Financial Sovereignty Countries worldwide are increasingly reducing their reliance on the U.S. dollar in international trade, signaling a significant shift in […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System

Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment SystemRussia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power dynamics. Russia and Iran Deepen Ties in Push to Abandon SWIFT Completely Russia and Iran are collaborating to establish a secure financial messaging system as an alternative to the SWIFT […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Iranian Crypto Holdings Equal a Third of National Gold Market

Iranian Crypto Holdings Equal a Third of National Gold MarketIranian crypto holdings, valued between $30 billion and $50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini. Daily cryptocurrency trading in Iran is approximately $143 million (100 trillion rials). The Central Bank of Iran (CBI) and the finance ministry are working on measures to enhance transparency in […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Iran Embraces Crypto Regulation to Counter Economic Sanctions

Iran Embraces Crypto Regulation to Counter Economic SanctionsIran is shifting its stance on digital currencies, focusing on regulation rather than imposing restrictions, according to Minister Abdolnaser Hemmati. Speaking at a Tehran event, Hemmati highlighted the government’s plan to mitigate the economic risks of digital currencies while leveraging their potential benefits. He emphasized the Central Bank of Iran’s authority in managing digital assets […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Iran’s Digital Rial Near Launch, Central Bank Signals Progress

Iran’s Digital Rial Near Launch, Central Bank Signals ProgressIran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the Digital Rial Breakthrough Central Bank of Iran (CBI) Governor Mohammad Reza Farzin discussed the digital rial, Iran’s central bank digital […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory

Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential VictoryIran’s currency, the rial, plummeted to an all-time low on Wednesday, trading at 703,000 rials to the dollar, following Donald Trump’s victory in the U.S. presidential election. This significant decline, which later slightly recovered, signals new economic challenges for Tehran amid ongoing regional conflicts. The rial’s depreciation reflects the ongoing struggles of Iran’s economy, exacerbated […]

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such […]

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North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist