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Iran Slashes Crypto Trading Hours Following $100M Nobitex Breach – Security Crisis Escalates

Iran Slashes Crypto Trading Hours Following $100M Nobitex Breach – Security Crisis Escalates

Published:
2025-06-19 03:51:56
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Iran tightens the noose on crypto exchanges after hackers drain $100M from Nobitex—just another day in decentralized finance.


Regulatory Whiplash Hits Tehran

The Central Bank mandates restricted trading windows, citing 'security concerns' after the country's largest exchange gets gutted. Traders now face limited access during peak volatility.


The $100M Elephant in the Room

No investigation details yet, but blockchain sleuths suspect private key compromise. Nobitex stays silent—classic 'security through obscurity' theater.


Crypto Under Siege (Again)

Another exchange hack, another kneejerk regulation. Meanwhile, Bitcoin miners keep siphoning subsidized power like it's 2021. Priorities, people.

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