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Mirana Ventures Invests $8 Million in Toncoin (TON)
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Mirana Ventures Invests $8 Million in Toncoin (TON)

Mirana Ventures has launched a long-term partnership with TON Foundation, investing $8 million in Toncoin to drive mass adoption of token-governed technologies and collaborate with other blockchains.

Binance Faces Lawsuit Over Alleged Support for Hamas in Israel Attack
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Binance Faces Lawsuit Over Alleged Support for Hamas in Israel Attack

Three families of victims from the Hamas attack on Israel have filed a lawsuit against Binance, its former CEO Changpeng Zhao, Iran, and Syria, alleging their support for terrorism. The suit claims these parties provided substantial assistance to Hamas, spotlighting the challenges of regulating cryptocurrency in combating terrorism financing.

Iran Joins BRICS to Reduce Reliance on Western Economic Systems
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Iran Joins BRICS to Reduce Reliance on Western Economic Systems

Iran joins BRICS, aiming to mitigate US sanctions and challenge Western economic dominance, amidst mixed reactions and uncertain benefits.

FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities
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FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury has issued an alert to financial institutions, urging vigilance in identifying and reporting suspicious activities related to the financing of the terrorist organization Hamas. The alert comes in the wake of a Hamas-led attack on Israel on October 7, 2023, which was funded through various means, including virtual currency.

WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund
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WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund

WEMIX PTE. LTD. has invested in five Chinese game developers through a $30 million blockchain game-specialized fund, created with Mirana Ventures. This move aims to nurture blockchain gaming enterprises and expand the WEMIX3.0 ecosystem. The fund, part of a joint initiative with Mirana Ventures, an investment division of Bybit, has already utilized $6.4 million. The investees, working on diverse game genres, will feature their games on WEMIX PLAY, a blockchain game platform under WEMIX3.0.

Iran Completes Pre-Pilot Phase for Digital Rial
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Iran Completes Pre-Pilot Phase for Digital Rial

Iran's central bank has completed a pre-pilot phase for its digital rial, according to an official statement by the Monetary and Banking Research Institute. The CBDC will align with the rules governing the national currency, the Iranian rial, and be distributed among individuals and banks. Ten banks have applied to join the project, and all banks and credit institutions in Iran are expected to start offering electronic wallets for the digital currency.

Iran and Russia Seek A Gold-Backed Stablecoin
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Iran and Russia Seek A Gold-Backed Stablecoin

Iran and Russia are planning a gold-backed cryptocurrency. In Astrakhan, Russia began accepting Iranian goods, a stablecoin would function. Instead of utilizing dollars, rubles, or rials, the initiative would allow cross-border transactions.

Iran Court Releases Crypto Mining Equipment
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Iran Court Releases Crypto Mining Equipment

In June 2022, Iran's energy usage reached 62,500 megawatts (MW). Iran currently holds 0.2% of the Bitcoin hash rate, up from 0.12%. Crypto-mining equipment confiscated to preserve energy was released by a judge.

Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions
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Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions

Since 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions

Iranian Bitcoin Advocate Arrested by Local Security Forces
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Iranian Bitcoin Advocate Arrested by Local Security Forces

Sadr’s arrest came as a result of nationwide protests that were triggered by the death in custody of a young woman.

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