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With toxic smog blanketing Tehran skies and the country buckling under the pandemic, social media has been rife with speculation. Soon, fingers pointed at an unlikely culprit: Bitcoin.

Iran has been suffering blackouts across the country, and the government insists that the cause is cryptocurrency.

Iran-linked hacking group infiltrates Israeli cyber security firm

The New Arab Staff

Iran-linked hacking group infiltrates Israeli cyber security firm

Just days earlier, the Pay2Key group breached the systems of Israel Aerospace Industries.

Wall Street dips as Biden nears finish line

The New Arab Staff & Agencies

Wall Street dips as Biden nears finish line

Wall Street dipped after four straight days of rises as vote counting across US battleground states showed Joe Biden is heading for victory.

France arrests 29 in anti-terror Syria financing sting

The New Arab Staff & Agencies

France arrests 29 in anti-terror Syria financing sting

French police arrested 29 people in a sting operation targeting a terror financing network for jihadists in Syria.

The New Arab & agencies

Palestinians to receive $430 mn Israeli transfer

Israel will continue to deduct money from the transfers to account for the Palestinian Authority's payments to prisoners - a decision that sparked the conflict over the funds.

Fadi O. Al-Naji

Gazans turn to Bitcoin to escape financial blockade

Feature: As Venezuelans invest in Bitcoin cryptocurrency to protect themselves from hyperinflation, people in the occupied Palestinian ...

The New Arab & agencies

Hamas calls on supporters to send Bitcoins

A spokesman for Hamas' military wing sent out a message calling for support to be sent in the virtual currency.

The New Arab

Iran bans banks from using cryptocurrencies, cites terrorism fears

Amid fears of money laundering and terrorism funding, Iran has banned its banks from trading cryptocurrencies such as bitcoin, dashing ...

Buying Facebook likes is haram, rules Egypt's Grand Mufti

The New Arab

Buying Facebook likes is haram, rules Egypt's Grand Mufti

Buying Facebook likes is a form of deception and sinful says Egypt's Grand Mufti.

The New Arab

Is Bitcoin halal? Islamic scholars wade into cryptocurrency debate

The validity of cryptocurrencies will be scrutinised by leading Islamic finance scholars during an annual Sharia conference in Bahrain this ...

Gamers raise money for Syria in 'first' blockchain fundraiser

The New Arab

Gamers raise money for Syria in 'first' blockchain fundraiser

Gamers are being encouraged to mine cryptocurrency Ethereum and donate the monetary rewards to UNICEF, which will in turn help Syrian children ...

The <em>Bitcoin</em> ballgame: This week in Middle East football

Uri Levy

The Bitcoin ballgame: This week in Middle East football

The Asian Champions League kicks off, plus the return of Amoory - catch up with all the latest football news...

Egypt's Grand Mufti issues fatwa against <em>Bitcoin</em>

The New Arab

Egypt's Grand Mufti issues fatwa against Bitcoin

The cleric and his counsellor warn Egyptians against the booming cryptocurrency, citing its potential links to corruption and terrorism.

Saudi Arabia, UAE team up to 'create <em>Bitcoin</em>-rival cryptocurrency'

The New Arab & agencies

Saudi Arabia, UAE team up to 'create Bitcoin-rival cryptocurrency'

The two Gulf countries are in the early stages of developing a digital currency to be used between banks. However the announcement comes as a ...

The New Arab

Digital currency bitcoin 'forbidden in Islam', rules Saudi cleric

A popular Saudi cleric has ruled that cryptocurrencies are prohibited under Islamic law because they are "ambiguous" and provide anonymity to criminals.

The New Arab & agencies

American-Israeli 'offered to bomb Jewish targets for money'

US authorities say an American-Israeli Jew charged with threatening to bomb Jewish community centers and schools across the United States ...

Karim Traboulsi

#Wannacry: Ransomware attack wave could come to Middle East

Companies and government agencies across MENA are on high alert as a virus that takes over vulnerable computers spreads worldwide.

The New Arab

Palestine hopes to launch national digital currency in five-years

Palestinian officials consider ways to circumvent Israeli control and interference over currency supply by looking to digital models as part of ...

'Robin Hood hacker' donates Bitcoins to Kurds fighting IS 'Robin Hood hacker' donates Bitcoins to Kurds fighting IS

The New Arab

'Robin Hood hacker' donates Bitcoins to Kurds fighting IS

Video: A "Robin Hood" hacker has made a large donation of funds believed to have been stolen from banks to Kurds in northern Syria fighting the ...

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