Iran

Iran

Markets

Bitcoin Back Above $62K as Crypto Market Calms After Reports of Limited Damage From Israeli Attack

Iran's first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.

(CoinDesk Indices)

Policy

Israel Seized $1.7M in Crypto From Iranian Military and Hezbollah With Chainalysis' Aid

The Israeli government seized the crypto wallets after an order from Defense Minister Yoav Gallant earlier this week,.

(Eduardo Castro/Pixabay)

Videos

Core Scientific To Shut Down Celsius Crypto Mining Equipment; Iran's Mining Outlook

Bitcoin miner Core Scientific will shut down mining rigs tied to Celsius Mining after a U.S. bankruptcy judge approved the motion to reject its contract. Both companies are undergoing Chapter 11 bankruptcies. Plus, courts in Iran have ordered the government to return thousands of seized crypto mining rigs, according to local media reports.

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Policy

Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports

The country has been cracking down on mining to deal with power shortages.

(Wikimedia Commons, modified by CoinDesk)

Videos

BlockFi Files for Bankruptcy; Kraken Settles US Treasury Case Over Serving Customers in Iran

Crypto lender BlockFi files for bankruptcy protection as FTX contagion spreads. JPMorgan says crypto market regulatory initiatives that are already underway are likely to be accelerated. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) reaches a settlement with crypto exchange Kraken over serving customers in Iran.

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Policy

Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran

Kraken has agreed to pay $362,159 to settle its potential liability for violating U.S. sanctions.

Kraken CEO Dave Ripley (Kraken)

Videos

Iranian Security Forces Arrested Bitcoin Advocate Ziya Sadr, Sources Say

Ziya Sadr, an Iranian Bitcoin advocate, was arrested by Iranian security forces last month, according to multiple sources. Human Rights Foundation Chief Strategy Officer Alex Gladstein discusses Sadr's case and why this is a continuing story to watch.

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Videos

Bitcoin Mining Difficulty Surges to All-Time High; Paul Tudor Jones Still Holding Bitcoin

Bitcoin mining difficulty has surged to an all-time high, putting additional pressure on miners amid weakening prices and higher energy costs. Billionaire Paul Tudor Jones told CNBC he still has a “minor allocation” to bitcoin (BTC). Iranian Bitcoin advocate Ziya Sadr was arrested by Iranian security forces last month, according to multiple sources.

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Policy

Bitcoin Advocate Ziya Sadr Arrested by Iranian Security Forces

A friend of Sadr told CoinDesk the Iranian blockchain educator was arrested in Tehran on Sept. 19 and has not been released.

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Policy

Iran to Start Testing a Digital Rial This Week

The country's central bank published a draft document outlining goals and opportunities for a digital currency in August.

Iran's central bank is ready to test a digital rial (Peter Polic/EyeEm/Getty Images)