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How did Nobitex go from Iran’s crypto lifeline to the center of a geopolitical breach, and what’s next for users trapped between war and decentralization? Nobitex breach marks new chapter in cyber risk In the early hours of Jun. 18,…
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The cyberattack on Iranian crypto exchange Nobitex has gone from bad to worse, as hackers deliver yet another major blow. Gonjeshke Darande, the hacker group behind the breach on the Nobitex exchange, took to Twitter on Thursday to leak what…
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Iran has ordered a curfew on domestic cryptocurrency exchanges after a politically motivated attack on the country’s largest trading platform, Nobitex. According to blockchain analytics platform Chainalysis, the June 18 hack resulted in losses upwards of $90 million. The funds,…
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After breaching Iran’s largest crypto exchange, the pro-Israel hacker group Gonjeshke Darande claimed to have destroyed more than $90 million in digital assets taken from Nobitex’s wallets. In a June 18 update via X, the group said it had burned…
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Iran’s largest crypto exchange, Nobitex, has confirmed a security breach that resulted in the loss of a significant amount of digital assets, as tensions between Iran and Israel spill over into cyberspace. On June 18, Nobitex posted a statement on…
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Global stocks pared gains on Tuesday, with the Dow Jones Industrial Average opening more than 100 points lower in early trading as Israel and Iran continued attacks against each other. Alongside the Dow, the S&P 500 opened down 0.3%, while…
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Can Bitcoin continue climbing if diplomacy fails, oil surges, and inflation forces Powell to delay rate cuts yet again? Crypto markets react to Middle East crisis Global investors have entered a period of heightened caution, with crypto markets feeling the…
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Global stocks edged slightly higher on Monday, June 16, as investors appeared upbeat about a limited escalation of the Israel–Iran conflict. Risk assets were higher in early trading on Wall Street after the Israeli attack on Iran prompted Tehran to…
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U.S. stocks fell sharply Friday as escalating military conflict between Israel and Iran sent oil prices soaring and investors retreating from risk assets. The Dow Jones Industrial Average closed down 1.79%, while the S&P 500 closed down 1.13% and the…
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Bitcoin took a big hit on escalating tensions in the Middle East. However, a recovery may soon follow, analysts suggest.
BTC
Bitcoin
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The U.S. Treasury sanctioned an Iranian national for operating Nemesis, a darknet drug marketplace, and blacklisted almost 50 crypto addresses tied to it. The U.S. Treasury has taken action against Behrouz Parsarad, an Iranian national behind Nemesis, a darknet marketplace…
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Crypto adoption in Iran surged in 2024 as citizens sought to escape economic turmoil and government-imposed financial restrictions. According to Chainalysis, Iranian crypto outflows reached $4.18 billion — up 70% year-over-year — as trust in the financial system eroded and…
BTC
Bitcoin
Markets
Bitcoin and altcoins continued their downward trend while crude oil prices jumped as the odds of a wider crisis in the Middle East rose. Bitcoin (BTC) retreated below $60,000 for the first time since Sep. 16 after Joe Biden hinted…
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Iran has started offering $20 rewards to report illegal crypto miners amid severe power shortages disrupting the country’s electricity grid. Iran is now offering rewards of $20 to the public for reporting illegal crypto mining activities as the country faces…
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Iran’s central bank is set to launch a pilot for its digital rial enabling cashless transactions for banking customers. The Central Bank of Iran (CBI), also known as Bank Markazi, has announced the operational phase of its digital currency known…
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Iran’s cryptocurrency mining sector is under fire as United States Senators Elizabeth Warren and Angus King believes its a threat to national security. According to a letter to National Security Advisor Jake Sullivan, Defense Secretary Lloyd Austin and Treasury Secretary Janet Yellen, sent on May 1,…
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