Iran is giving $24 to anyone who dobs in illegal crypto miners
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
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Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said. Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company sent to some of its customers. The threat of…

Optimism token falls 40% prompting calls to bar dumpers from airdrops
Optimism’s freshly launched governance token OP has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointelegraph reported yesterday that the Ethereum Layer-2 scaling solution was overwhelmed with demand for the first OP governance token airdrop, as 5% of the token supply…

Facebook Libra Would ‘Discipline’ Weak Economies: Ex Japan Central Banker
Any country seeing widespread use of Facebook’s proposed Libra digital currency could find that its central bank monetary policy is severely undermined. This is the view of Hiromi Yamaoka, former Bank of Japan executive, who oversaw research into digital currencies for the organization.“The emergence of Libra would pressure policymakers to discipline themselves”Issues are likely to…

Plume Network secures $20M for tokenization platform
Investors in the round include Brevan Howard Digital, Haun Ventures, Lightspeed Faction, and Galaxy Ventures.

Election Day pump? 4 reasons Bitcoin spiked 2% in 30 minutes
The price of Bitcoin (BTC) rose by 2% in just 30 minutes right as the United States' stock market rang its opening bell on Nov. 3. During pre-market, the Dow Jones surged by over 350 points as the U.S. election day triggered massive volatility.The four reasons that likely led to a Bitcoin uptrend in such…

Bitcoin Hovers Over $7,000 as Top Cryptos See Mild Correction
Sunday, May 12 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) holds over the $7,000 mark.Market visualization courtesy of Coin360Bitcoin is down about 1.5 percent on the day, trading at $7,040 at press time, according to CoinMarketCap. Still, BTC is also over six…

ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research
Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.

Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says
As companies continue to fall for hacks and exploits, professionals working in the cybersecurity space chipped in on what can be improved in terms of crypto security for digital asset companies and the broader crypto industry. Before September, almost $1 billion had already been lost to crypto hacks, exploits and scams in 2023. Yet, more incidents