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Treasury Targets Sanctions Evasion Network Moving Billions for Iranian Regime » WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 39 entities constituting a significant “shadow banking” network, one of several multi-jurisdictional illicit finance systems which grant sanctioned Iranian entities, such as Persian Gulf Petrochemical Industry Commercial Co. (PGPICC) and Triliance Petrochemical Co. Ltd. (Triliance), access to the international financial system and obfuscate their trade with foreign customers. Iranian exchange houses create front companies abroad to enable trade on behalf of their Iranian clients, with foreign currency transactions maintained via internal ledgers. PGPICC is the marketing arm of sanctioned Iranian petrochemical conglomerate Persian Gulf Petrochemical Industries Company (PGPIC), which generates the equivalent of tens of billions of dollars annually for the Iranian regime. “Iran cultivates complex sanctions evasion networks where foreign buyers, exchange houses, and dozens of front companies coop Home.treasury.gov

Economic Anthropology | SEA Journal | Wiley Online Library » This article examines the labor power of digital miners. Though an obscure and still incipient facet of the digital economy, crypto-mining powers and secures transactions across blockchains, or publi… Anthrosource.onlinelibrary.wiley.com

How to build a cryptomining rig: Bitcoin mining 101 » Interested in building a system for mining cryptocurrency? Here's all the hardware you need and what you need to know to get started. Zdnet.com

The path to green crypto » Ethereum’s recent “Merge” has thrown down the gauntlet for decarbonising the energy-intensive crypto industry. Energymonitor.ai

Hut 8 | Home » Hut 8 is providing the foundation for the digital economy through high performance infrastructure, cutting-edge technology solutions, and digital asset mining. Hut8.com

Scam e-mails from “cloud-mining platform” » In a new scam, an “automated cloud-mining platform” is telling users they can receive large payouts purportedly mined by their account. Usa.kaspersky.com

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