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Cookies we Use:
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Mining Farms in Iran are consuming too much power, Government plan to shut them down
Iran’s authorities plan to deplug crypto mining licenses as the country’s electricity consumption is at an all-time high. According to the Ministry of Energy of the Islamic Republic, the mining farms will be disconnected from the grid by Wednesday.

Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at a series of measures directed at stifling the growth

Reports Suggest FTX Could Possibly be Buying into BlockFi
According to reports, there are ongoing discussions following BlockFi’s Tuesday signing of a term sheet with FTX in order to obtain a $250 million revolving loan facility.

Russia Are Set to Test Digital Ruble in Various Sectors Including Real Estate
According to the Russian press, the Central Bank of Russia and participating banks are looking into different types of digital ruble payments. Smart contracts and transactions that relate to crypto assets and real estate will be tested.