Main to remember
- The Iranian central bank has restricted the opening hours of crypto exchanges after a Nobitex security violation.
- The new regulations aim to strengthen the surveillance of cryptographic trading in the midst of international financial sanctions.
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The Iranian central bank applied national cryptography exchanges to operate only between 10 a.m. and 9 p.m. in response to a recent cyber attack that targeted Nobitex, the largest exchange of cryptography in the country, according to a new Chainalysis report.
Piracy, which occurred on Wednesday, led to the loss of more than $ 90 million in digital assets, notably Bitcoin, Ethereum, Dogecoin, XRP, Solana, Tron and Toncoin, according to the report.
Gonjeshke Darande, also known as Predory Sparrow, a pro-Israeli hacktivist group, immediately took the credit of the attack, which seems to be politically motivated.
According to Chainalysis, the striker controlled wallets were burner addresses without access to the private key.
Earlier this week, the Sparrow Predatory also claimed the responsibility of a separate cyber attack targeting the Bank SEPAH, one of the largest public banks of Iran. The two high -level hacks occurred at a time of increased hostility between Iran and Israel.
Nobitex, who has treated more than $ 11 billion in entries, compared to $ 7.5 billion for the next ten combined Iranian scholarships, a statement guaranteed that their funds were safe. The exchange has moved large amounts of bitcoin to new cold storage portfolios to improve safety, notes the chain chain.
The new restrictions are probably part of the efforts of the Iranian authorities aimed at increasing the surveillance of cryptographic commercial activities. Nobitex serves as a key gateway connecting the Iran sanctioned financial system to the global cryptography markets.
A certain number of illicit players have already been linked to Nobitex, in particular ransomware operators affiliated with IRGC and the networks affiliated with Houthi and Hamas identified by the Israeli National Bureau for counter-terrorist funding.
The platform also facilitated transactions with sanctioned entities, notably Gaza Now, a pro-Al-Qaeda propaganda channel and the Russian Crypto Exchange Guarantx and Bitpapa.
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