US Gov’t Sanctions First Bitcoin Addresses

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has taken action against two Iranian ransomware “facilitators.” The actions include publishing the perp’s cryptocurrency wallet addresses, and warning the cryptocurrency and financial communities that anyone transacting with the accused could be subject to secondary sanctions. Involvement in the SamSam Ransomware Attacks The OFAC stated that the […]

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Nouriel Roubini Sounds off on Cryptocurrencies in Senate Hearing

Noted economist Nouriel Roubini sounded off on virtual currency and blockchain in a recent Senate hearing. The NYU professor classified cryptocurrency as a big scam and a bubble. Prominent economist Nouriel Roubini is one of the few who accurately predicted the 2008 financial crisis. Currently a professor at the New York University Stern School of […]

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Iran Considers State-Issued Cryptocurrency Ahead of Imminent US Sanctions

Iran might soon take a page out of Venezuela’s playbook by launching its own state-issued cryptocurrency. The move is occasioned by the fact that the country is set to come under renewed economic sanctions from the United States. Local Companies and the CBI Collaborating to Create a National Cryptocurrency According to local media sources, the […]

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