🚀 Iran Utilizes Cryptocurrency for Strait of Hormuz Passage Fees
Iran is employing cryptocurrency to collect fees from ships passing through the Strait of Hormuz. According to NS3.AI, TRM highlighted that the rapid nature of digital currency transactions and their operation outside the U.S. banking system complicate efforts by the U.S. to freeze or block these payments in real time.
#Iran#Cryptocurrency#StraitOfHormuz#DigitalCurrency#Shipping#USSanctions#Blockchain
Advantages of cryptocurrencies over fiat currencies
Friends, let's talk about why cryptocurrencies offer a unique alternative to traditional fiat currencies.
Decentralization and resilience Cryptocurrencies are based on blockchain technology, making them decentralized and resilient to macroeconomic fluctuations and government intervention.
The global accessibility and convenience of crypto allows for global financial transactions without being bound by borders.
Blockchain technology ensures a high level of security and anonymity of transactions, providing protection against fraud and unauthorized access.
Cryptocurrencies enable fast and efficient transactions with minimal fees, making them more favorable for international transfers.
Cryptocurrencies provide a wide range of investment opportunities, as well as stimulate the development of new technologies and financial innovations.
Let me know in the comments if I managed to interest you!
Join the world of cryptocurrencies and discover new opportunities for financial growth and development! #cryptocurrency#blockchain
Fans of the TON #cryptocurrency now have a new way to trade their favorite altcoin following its addition to the options trading markets on the popular exchange platforms BIT and Paradigm.
The options are live on the platform today and will be available on the institution-focused liquidity network Paradigm later, the exchange said in a statement shared with CoinDesk.
The options are launched in collaboration with liquidity provider Darley Technologies and blockchain industry market maker and TON-backer DWF Labs.
"Joining the options market is a logical and important step for TON because, until now, the only coins available there were BTC and ETH. It means TON will take its place alongside crypto's most prestigious coins," said Andrei Grachev, Managing Partner at DWF Labs.
Full read here: https://lnkd.in/g6zACNN7
🗓️ Today marks the 70th day of #Iran's internet blackout, with the incident now surpassing 1656 hours. Digital connectivity is vital in times of crisis, and limiting service harms those most in need - people with disabilities, students, small businesses and the general public.
⏱️ It's now the 66th consecutive day of #Iran's internet blackout with the censorship measure surpassing 1560 hours. Despite the distribution of some international access via pro-regime channels, metrics confirm that there is still no restoration of service to the general public.
🛰️#Iran's internet blackout is now in its tenth week, entering day 64 of near-total isolation from international networks.
The shutdown is accompanied by a regime crackdown on VPNs and satellite terminals, with alarming reports of a Starlink user killed during inspection raids.
🗓️ Exactly two months ago on 28 February, #Iran was thrown into digital darkness as authorities cut off access to the global internet.
Metrics show the blackout is now entering its 60th day after 1416 hours despite regime efforts to introduce tiered access for privileged groups.
⏳ Metrics show #Iran has entered the 54th day of an internet blackout that has been in place for over 1272 hours.
The ongoing measure is inherently disproportionate and continues to conceal human rights violations on the ground.
📨 At 1080 hours, #Iran's internet shutdown continues to harm lives and livelihoods as the country enters its 46th day without international access. Despite a slight widening of the whitelist system, Iranians have to take risks just to get a message through to the outside world.
⌛️ Network data show #Iran's internet blackout is now in its 44th day, continuing in its seventh week past the 1032 hour mark.
The human and economic impacts of the extended censorship measure continue to pile up, breaking global records for shutdowns in a connected society.
⚠️ Update: It's now day 41 of #Iran's internet blackout, with the regime's ban on access to global networks continuing past 960 hours. The measure, unprecedented in scale and duration for a connected society, continues to violate Iranians' rights to communicate and stay informed.
⚠️ Update: #Iran's internet blackout has entered its 40th day after 936 hours of near-total disconnection from the outside world.
The wartime censorship measure continues even as the US and Iran regimes each declare victory, with the Iranian people once again left in the dark.