nobitex

Crypto Market Faces Turbulence Amid Nobitex Hack and Regulatory Developments

Crypto Market Faces Turbulence Amid Nobitex Hack and Regulatory Developments

The crypto market is still fighting an ascetic regulatory environment. This new industry faces considerable headwinds posed by intensified geopolitical tensions, tightening regulatory environment, and a recent cyberattack on Iranian crypto exchange Nobitex. This confluence of factors has led to heightened market volatility, with Bitcoin continuing to show strength as...

Nobitex Exchange Investigates Security Breach Amidst Geopolitical Tensions

Nobitex Exchange Investigates Security Breach Amidst Geopolitical Tensions

Nobitex, Iran’s largest crypto exchange by volume, is still unraveling a security breach first discovered June 28. The exchange found that it had been breached in at least some portion of its data infrastructure and hot wallet. To prevent additional exposure, it then quickly disabled all access. This security incident...

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