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Iran has announced a fresh ban on licensed cryptocurrency mining in the nation until March 6 as part of a commitment to save power and avoid potential blackouts in the forthcoming winter season. Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management company and a spokesman for Iran’s power industry recently announced that the

With the sophistication that blockchain systems are showcasing today, one would think it will translate into better security, however, this is not the case, as distributed ledger technologies have suffered many security breaches throughout this year. According to Snowmist, the blockchain industry has been well characterized by cryptocurrency crimes, money laundering, fraud, cases of theft,

FTX exchange announced on Twitter that it will provide the first bank in each region with a bonus of $1 million. A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to price volatility synonymous with cryptocurrencies like Bitcoin and Ether. Typically, a stablecoin is backed by a

As India struggles with how to regulate cryptocurrencies, the country’s central bank announced fresh plans to introduce a basic CBDC initially before implementing a more sophisticated version. On December 28, the Reserve Bank of India released a report called “Trend and Progress of Banking in India 2020-21″, and further elaborated on the regulator’s plan of a Central

Emerging Non-Fungible Token (NFT) platform Sportium has announced the successful close of investment from Dapper Labs by signing a bilateral MOU, as they both pursue a strategic partnership in helping Sportium fulfil its potential. Per the announcement, Sportium will leverage the Flow blockchain platform as the foundation to roll out its multi-sports NFT platform. Drawing

Santiment believes that Bitcoin is still in a semi-bullish area, given that circulation continues to be steady. The on-chain metrics provider explained: “Bitcoin continues to circulate in the semi-bullish territory, according to our latest NVT model data. With BTC back under $50K, circulation staying steady is encouraging to see, as it implies utility is

The metaverse is likely going to see an exchange-traded fund from ProShares, according to a Tuesday filing with the U.S. Securities and Exchange Commission (SEC), Bloomberg reported. The ProShares Metaverse Theme ETF will be tracking the performance of the Solactive Metaverse Theme Index after approval from the U.S. SEC. The proposed ETF include Apple Inc, Meta Platforms Inc, and

One word that has been on the tip of the tongue of almost every second person on this planet especially since the last decade, and that has completely revolutionized the world in which we are currently living, is none other than technology.  Under the umbrella of technology, there are several terms with which might be