Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial disruptions. A bounty program has been launched to encourage citizens to report illegal mining operations. Iran … Read more

Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received

Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that its bounty program has attracted 344 bounty hunters to help recover the stolen funds. … Read more

Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets

On Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets. The action was caught by the Btcparser program as five transactions with around 400 BTC each moved for the first time in four years. On August 2, 2016, the popular digital currency exchange Bitfinex was … Read more

SLP Devs Publish Code Bounties With $2,500+ in Crypto Rewards

While a number of software developers work on the Simple Ledger Protocol (SLP) framework, SLP devs are still looking for other contributors to help foster the protocol’s ecosystem. In order to help bolster SLP development, the simpleledger.cash website has published requests for bounties worth a couple of thousand dollars in spice token and the stablecoin … Read more