Iran limits the hours of trading on the local stock exchanges star-news.press/wp

Encryption correspondent

Shalini Nagarajan

Encryption correspondent

Shalini Nagarajan

About the author

Shalini is an encrypted correspondent that provides in -depth reports on daily developments and organizational transformations in the encrypted currency sector.

Involve

Last update:

June 19, 2025

Why confidence cryptonews

Cryptonews has covered the subjects of coded currency since 2017, with the aim of providing useful visions to our readers. Journalists and analysts have extensive experience in market analysis and Blockchain technologies. We strive to maintain high editing standards, focusing on realistic accuracy and balanced reports in all fields – from encrypted currencies and Blockchain projects to industry events, products and technological developments. Our continuous presence in the industry reflects our commitment to providing relevant information in the world of advanced digital assets. Read more about Cryptonews

According to what was reported by the Iranian Central Bank of all local encryption exchanges to restrict operating hours, after an electronic attack that drained more than 90 million dollars from the largest encryption trading platform in the country.

It seems that the new base, which borders trading to 10 am and 8 pm, appears to be a direct response to the penetration on Nobitex, the Tehran -based stock market that treats the largest part of Iranian encryption transactions.

This step aims to tighten supervision and reduce the possibility of future accidents, especially during working hours when response times are slower security security.

The pro -Israel piracy group, Gongchki Darandi, or the predator, has claimed responsibility for the breach.

In the X Publication, the group said it infiltrated the Nobitex infrastructure and promised to issue the source code and internal data. One day ago, the same group said it targeted the state -owned Siba Bank.

Experts see a political message in Nobaks Hack

Cyber ​​security companies say that the stolen money was not transferred for profit. Instead, the attackers “burned” the encryption by sending it to the headquarters without specially known special keys, they effectively destroy the assets.

Several wallet addresses included these insults against the Iranian Revolutionary Guards Corps. Analysts say this indicates that the penetration was political enthusiastic, not financial.

Blockchain Analysis Company certain More than 90 million dollars have been charmed from Nobitex and followed to this fireplace governor. series Add The incident fits the pattern of electronic attacks coincides with nails in tensions between Israel and Iran.

Iran penetrated to install the encryption sector key to overcome sanctions

Sparrow has launched similar electronic operations against Iranian infrastructure in the past. The Israeli media is widely believed that the group is linked to Israeli military agencies or intelligence. However, there was no official confirmation of its affiliation.

The consequences of penetration highlighted Iran’s dependence on encryption as a tool for weighing international sanctions.

Explorations such as NoBitex allow users to trade outside the global banking system. As a result, they have become necessary for countries facing sanctions. However, this also makes them very weak in the tense geopolitical climate today.

By reducing the circulation of encryption to daylight hours, the Iranian authorities aim to tighten control of the sector. This sector has become increasingly vital for the country’s financial survival. However, it is unlikely that the curfew is completely prohibited. However, it indicates an increasing sense of urgency while Tehran is stood to protect its fragile digital economy.