Resilient bitcoin and a firm dollar: how the conflict in Iran reshaped markets
A week into the Middle East conflict, global markets are still digesting the escalation.
Resilient bitcoin and a firm dollar: how the conflict in Iran reshaped markets
A week into the Middle East conflict, global markets are still digesting the escalation.
Elliptic Reports 700% Surge in Cryptocurrency Outflows from Iran Following Airstrikes
In the initial moments following the joint military operation by the US and Israel against Iran, the volume of transfers from the country's largest cryptocurrency exchange, Nobitex, surged by 700%, according to Elliptic.
US Imposes Sanctions on Bitcoin Exchanges Linked to Iran for the First Time
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has added digital asset platforms Zedcex and Zedxion to its sanctions list.
Elliptic Analysts Reveal Iran’s Central Bank Acquired $500 Million in Stablecoins
The Central Bank of Iran has acquired stablecoins USDT valued at $507 million, according to Elliptic experts.
Iranians Increase Bitcoin Purchases Amid Protests and Currency Collapse
Amid widespread protests and a record decline of the Iranian rial, citizens have significantly increased the transfer of Bitcoin from exchanges to personal wallets.
Expert: 80% of Venezuela’s Oil Revenue Comes in USDT
USDT has become the main tool for Venezuelan state companies to bypass oil sanctions and a means of survival for ordinary citizens, experts said.
BitChat downloads surge by 400,000 amid Iran protests
Iranian authorities curtailed internet access amid mass protests. In response, the community urged residents to use the BitChat messenger.
Bitwise CEO Sees Bitcoin as a Shield Against Iran’s Economic Collapse
Protests in Iran amid the collapse of the national currency have underscored the necessity of Bitcoin as a means of safeguarding savings, according to Bitwise CEO Hunter Horsley.
Nearly 400,000 Illegal ASIC Miners Discovered in Iran
Over 95% of the 427,000 mining devices in Iran operate without a license due to low subsidized electricity prices.
Israel Demands Freeze of $1.5 Million USDT Linked to Terrorists
The Israeli Ministry of Defense has approached Tether demanding the freeze of $1.5 million in USDT across 187 wallets. According to the ministry, they belong to Iran's IRGC.
Iran’s Cryptocurrency Transactions Drop by 11% Over Seven Months
The volume of crypto transactions in Iran from January to July decreased by 11% compared to the same period in 2024, according to a TRM Labs report.
Analysts Link Nobitex Breach to Arrest of Iranian Agents
Israeli intelligence services may have utilised data from the hacked cryptocurrency exchange Nobitex to capture Iranian spies. This hypothesis was proposed by analysts at TRM Labs. According to the report, Israeli authorities arrested three individuals on suspicion of espionage for Iran. Two of them received payments in cryptocurrencies. One of the suspects was paid $500 […]We use cookies to improve the quality of our service.
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