On June 18, 2025, the largest cryptocurrency exchange in Iran experienced a security breach carried out by a group linked to Israel, resulting in the loss of digital assets worth $90-100 million, including Bitcoin, Ethereum, Ripple, and others.

In response, the Central Bank of Iran imposed a curfew on all local cryptocurrency exchanges, restricting trading hours from 10 AM to 8 PM daily. The aim is to enhance security oversight, reduce the risks of cyber attacks during nighttime hours, and limit capital flight amid increasing geopolitical tensions with Israel.

The breach revealed the vulnerabilities of local exchanges, especially during nighttime when the response of security teams is slower.

The attack attributed to a pro-Israel group reflects the escalation of cyber warfare between Iran and Israel, prompting Iran to take defensive measures to protect its digital economy.

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