Tehran has once again targeted the users of the popular messaging application Telegram. A law enforcement official warned Iranian citizens against providing any support for the launch of the instant messaging app’s native token, the Gram.
Also read: Bill to Curb Iranian National Crypto Filed in US Congress
Authorities in Iran would interpret any cooperation with Telegram on the issuing of their crypto as “an action against the national security” of the Islamic Republic. That’s according to a recent statement by Javad Javidnia, secretary of the country’s Criminal Content Definition Task Force.
Javidnia emphasized that instances of providing such support “will be dealt with as a disruption to the national economy.” Quoted by the Fars news agency on Sunday and later by the English-language newspaper Tehran Times, the official also…
The cryptocurrency industry attracts people from all strides of life. Some people see the big picture, whereas others want to get rich quick. One teenager making fake bomb threats has been sentenced to 10 years in prison. Interestingly enough, this perpetrator was paid nearly $800,000 in Bitcoin.
It remains unclear what drove this teenager to commit multiple bomb hoaxes. …
Bitcoin miners face tougher times ahead as the government scraps subsidized electricity for local cryptocurrency miners. This move comes amidst the dwindling price of virtual currencies which is already forcing some miners out of business.
According to reports in the local media, Bitcoin miners will no longer enjoy subsidized electricity tariffs in Norway. This move comes after a budget shakeup that sees the removal of such discounts. Thus, from January 2019, cryptocurrency miners in Norway will have to pay the standard electricity tariffs.
Commenting on the decision, Lars Haltbrekken, a representative of the Norwegian Parliament, said:
Norway cannot continue to provide huge tax incentives for the dirtiest form of cryptographic output as bitcoin. It requires a lot of energy and generates large greenhouse gas emissions globally. …