After Iran’s leading crypto exchange Nobitex was hacked and “burned” for over $100 million, the Central Bank of Iran ordered all domestic crypto exchanges to operate only from 10am to 8pm, to make it easier to monitor the incident and prevent capital outflows as political tensions escalate.
Nobitex said it had cut off all remote connections, transferred all funds from hot wallets to cold wallets, and would use its Reserve Fund to compensate customers for losses.
This policy is pretty good but do users really feel safe?🙄🙄
