Economy

Iranian authorities, in cooperation with four local banks, launched a cryptocurrency to circumvent international sanctions, reports CryptoGlobe. According to the publication, a cryptocurrency called PayMon (from the Persian "testament") is provided with gold reserves. Financial institutions Parsian Bank, Bank Pasargad, Bank Melli Iran and Bank Mellat worked on the launch of the new payment instrument. It is expected that the asset will be presented on the Iranian over-the-counter platform […]

The daily rewards for mining blocks in the Ethereum network have dropped from 20,000 to 15,000 ETH after the bomb has been activated. Thus, a soft version of the “ice age” was launched, which will last until the activation of the hardfork of Constantinople, expected on February 27, writes Trustnodes. After upgrading the main network of Ethereum, the reward size will decrease from 3 ETH per block to 2 ETH, and […]