Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Illegal Miner
Iranian Authorities Crack Down on Illegal Crypto Mining
Since March, Iranian authorities have confiscated nearly 9500 unlawful crypto mining rigs in the nation’s capital, Tehran. While crypto trading is still illegal among Iranians, the government's use of crypto remains at an all-time high. Iran Acts Against Illegal Miners According to a report, Kambiz Nazerian, head of Tehran Electricity Distribution Company spoke on the matter. Nazerian said on Monday, August 22 that inspectors had uncovered the mining devices in various districts of Tehran. Last year, a release from blockchain…
3 years ago