Iran’s Crypto Lifeline Hit As US Freezes $344 Million In Funds
Iran had already begun collecting crypto payments from ships crossing the Strait of Hormuz when US authorities moved to cut off the money. Related Reading: Crypto Crime Hit Hard: $700 Million Frozen By DOJ Strike Force On Friday, the Treasury Department announced it had frozen over $340 million in cryptocurrency tied to Iranian military and […]
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The odds of a landmark US crypto bill passing this year stand at 50-50, according to one of the industry’s own analysts — even as his CEO boss says the deal is all but done. Related Reading: Iran’s Crypto Lifeline Hit As US Freezes $344 Million In Funds A Bill With Big Promises Galaxy Digital […]
On‑chain data shows that in the days after joint US‑Israeli airstrikes on February 28, Iranian exchanges saw a sharp spike in withdrawals, with roughly 10.3 million dollars in crypto fleeing. Iran’s Crypto Use Amidst Economical Collapse Crypto has become a financial lifeline for both ordinary households and state‑affiliated networks in Iran, according to an article […]
The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to avoid sanctions.
Crypto Becomes a Lifeline for Ordinary Russians
Coinbase CEO Brian Armstrong shared his view on crypto usage and his exchange’s policy in a series of tweets Friday as Russia continues to wage war against Ukraine.
Firstly, he emphasized that Coinbase is “not preemptively banning all....
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay. Major stablecoin issuer Tether froze yet another batch of USDT on the Ethereum blockchain, freezing more than $8 million worth of the cryptocurrency.Crypto monitoring resource Whale Alert has identified several transactions indicating that Tether froze three USDT addresses on Oct. 10.According to data from transaction logs on Etherscan, the frozen addresses hold 3.4 million USDT, 1.95 million USDT and 2.9 million USDT. The addresses are no longer....
According to reports, Iran’s on-chain crypto activity fell sharply in the first half of 2025. Inflows totaled $3.7 billion in the first seven months, a 10% drop from the same period in 2024. The slump accelerated after April: June flows contracted 50% year-on-year and July tumbled 75%. Related Reading: UK Listing? Not For Bitpanda—Liquidity Concerns […]