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🚨 NOBITEX HACK SHAKES IRANIAN CRYPTO MARKET!! 🇮🇷 Investors PANIC as $3
wait, Iran crypto drama?? 🧐 How’s Nobitex gonna bounce back from that hack tho?! 🤔
The Iranian crypto market faces sustained challenges post-Nobitex breach and geopolitical tensions: $3.7 billion in Jan-July 2025 flows
The local Iranian crypto market is under pressure due to recent conflicts and security breaches, affecting investor sentiment and global activity. 🇮🇷 Between Jan-July 2025, Iranian crypto flows dropped to $3.7 billion, an 11% decline from 2024. The June Nobitex hack disrupted liquidity and investor confidence. Outgoing crypto transactions remained stable, reflecting continued use for sanctions evasion. 💰 TRM Labs reported a significant drop in crypto flows involving Iranian entities, largely attributed to geopolitical instability and operational disruptions, notably during the conflict with Israel in June.
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