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OpenAI has taken action against accounts linked to a covert Iranian influence operation using ChatGPT to generate content on various topics. (Read More)
Gala Games outlines crucial steps in the development of Mirandus for Q3 and Q4 2024, emphasizing incremental victories and the game's future. (Read More)
Gala Games invites fans to a live Town Hall on June 26 to discuss the latest updates on their fantasy MMO, Mirandus. (Read More)
A letter from Consensys states that the SECs approval of spot Ether exchange-traded funds indicated that it had updated its position to classify ETH as a commodity and not a security, but not everyone agrees.
The public roll out of the Digital Rial pilot program will start in Kish Island. The public rollout of the CBDC’s pilot program aims to test efficiency in transactions, enhancing payment security. Success in the pilot program could lead to the expansion of the Digital Rial nationwide, transforming Iranian payments. Iran’s ambitious project to introduce […]
The post Iran to open the Digital Rial CBDC pilot program to the public this month appeared first on CoinJournal.
Unlike other types of electronic money in Iran, the digital rial doesnt require interbank settlement to transfer funds between buyers and sellers.
Data from Visual Capitalist said the Philippines ranked fifth globally for crypto ownership. Here's why.
According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations.
The May update for Mirandus brings belt lanterns, new female exemplar models, and a cost-saving forge repair system, enhancing gameplay and customization. (Read More)
Senator Tim Scott accused the Biden administration of using crypto as a "scapegoat" to mask failures in halting illicit finance.
In the ever-evolving world of cryptocurrency, Marcel Knobloch also known as Collin Brown, a crypto expert has offered an audacious prediction for Bitcoin, foreseeing a significant rally to unprecedented heights post-BTC Halving event scheduled to take happen this month. Bitcoin Poised For Massive Growth Post-Halving According to Collin Brown, the fourth mining reward Halving for Bitcoin will take place in the next 48 hours. This event will cut down the current 6.25 BTC per block output to 3.125 BTC per block. Related Reading: Bitcoin Halving Hysteria: Will History Repeat Itself Or Are We Heading For A Market Meltdown? Brown noted that following the last Halving event, Bitcoin witnessed over 700% growth, bringing the crypto asset to its previous all-time high of $69,000 achieved at the peak of the 2021 bull cycle. Given the impact of the previous Halving, the crypto expert has predicted the coin will reach $455,000 should BTC mirror this pattern. The post read: In just forty-eight hours, Bitcoin’s fourth mining reward halving will occur. This quadrennial occurrence will slash the per-block emission of BTC to 3.125 BTC from the current 6.25 BTC. After the last halving, Bitcoin prices surged 700%, which would now bring $455,000. It is worth noting that since the cryptic developer of Bitcoin, Satoshi Nakamoto, introduced the coin about 15 years ago, the Halving has been ingrained in the crypto’s program. This year’s event will happen when block 840,000 is created, which might increase BTC’s value by reducing supply. Historically, the three previous halvings have caused the price of the digital asset to soar significantly, amassing substantial gains. Data shared by Brown shows that following the first halving event, Bitcoin saw a whopping 9,360% rise, topping out around $1,135 from $12. However, it took the crypto asset approximately 371 days to reach the aforementioned figure after the Halving. Furthermore, the second halving, which occurred in 2016, drove Bitcoin’s price from $650 to $19,640, indicating an over 2,920% increase. Meanwhile, the last instance secured a 700% rally, taking prices from $8,626 to the previous peak of $69,045. Primarily, it took BTC more than 500 days in the preceding two cycles to reach new records. Considering the past trends, Brown’s forecast appears to be reasonable and possible. Should any of these trends reoccur, the crypto expert’s prediction might manifest in the following year. BTC On The Downside Collin Brown remains optimistic despite Bitcoin showing signs of weakness to retest its new all-time high of $73,000. Since reaching its new peak in mid-March, the value of BTC has plummeted by over 10%. Related Reading: Bitcoin Drops As Iran Launches Missile Attack On Israel What We Know So Far Today, the price of Bitcoin fell sharply, reaching a low of about $60,000 and reaching its lowest level since late February. At the time of writing, BTC was trading at $62,916, down more than 10% over the past week. While its trading volume has increased by over 20%, its market cap is slightly down by 0.20% in the last day. The decline in BTC’s price is considered to be triggered by recent geopolitical tensions or global turmoil. The conflict between Israel and Iran caused major sell-offs among investors, leading to a broader market downturn. Featured image from iStock, chart from Tradingview.com
The crypto market has rebounded after escalating Iran-Israel tensions triggered sharp declines, with Bitcoin and other tokens showing recovery.
The post Crypto market shows resilience as Iran-Israel tension escalates appeared first on Crypto Briefing.
The global financial markets experienced tremors following Irans maiden military attack against Israeli soil, with cryptocurrencies being one of the key victims. A famous crypto journalist, Colin Wu reported through his post on Wu Blockchain X that the price of both Ethereum and Bitcoin dropped significantly after his platform was attacked. After the historic Iran […]
Schiff compared BTC's price to gold instead of the greenback, but the yellow metal also crashed on Friday.
Senator Elizabeth Warren has raised significant concerns about the lack of anti-money laundering [AML] laws applicable to certain sanctioned countries potentially profiteering by participating as validators in cryptocurrency transactions. In her recent post, Warren posted a scenario to Deputy Secretary of the Treasury Wally Adeyemo inquiring about the possibility of sanctioned nations like Iran being […]
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a [...]
The post Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates appeared first on Crypto Breaking News.
According to reports by the Israeli Defense Ministry, the Israeli government has seized millions of dollars in digital funds from accounts intended for use by [...]
Despite the fact that crypto assets have drawn attention from all across the world, their use continues to have a negative connotation through illegal channels. The Israeli government recently revealed that digital assets had been used by the Iranian-backed Hezbollah armed group in Lebanon and the Quds Force of the Iranian Revolutionary Guard. Israeli authorities […]
Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center stage. In addition to the officials from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka, Russia’s central bank governor and officials from Belarus and Afghanistan also attended
The post 9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran appeared first on BTC Ethereum Crypto Currency Blog.
Russia and the Islamic world are currently discussing how to deepen the de-dollarization agenda to create a new financial system. According to statements from Russian Deputy Prime Minister Alexey Overchuk, these topics are inscribed in broader deglobalization talks, and the Russian government is invested in developing these issues with Islamic countries. Russia Talks De-Dollarization With [...]
The post Russia Involved in De-Dollarization Talks With the Islamic World to Create Independent Financial System appeared first on Crypto Breaking News.
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