CryptoCryptocurrency

Cryptocurrency outflows from Iran’s largest exchange Nobitex surged 700% within minutes of joint US and Israeli airstrikes, according to blockchain analytics firm Elliptic.

Iranians have rushed to withdraw digital assets from local exchanges after coordinated US and Israeli strikes intensified conflict and rattled the country’s financial system.

Bitcoin surged roughly 5% in under an hour, climbing from just above $65,000 to nearly $69,000 ahead of US President Donald Trump’s scheduled speech on the escalating conflict with Iran.

Northern Trust Asset Management has launched a tokenised share class of its NIF Treasury Instruments Portfolio, marking its entry into blockchain-enabled fund structures as onchain US Treasurys approach $11 billion in total value.

Foom Cash recovered $1.84 million of the $2.26 million stolen in a smart contract exploit after a white hat hacker intervened to secure funds before further losses occurred.

ProCap Financial has increased its bitcoin holdings to 5,457 BTC after purchasing an additional 450 coins during a recent market pullback.

Strategy completed its 101st bitcoin purchase, acquiring 3,015 BTC for $204.1 million and lifting its total holdings to 720,737 BTC.

South Korea’s Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol has ordered a cross-agency review of how seized digital assets are handled after the National Tax Service leaked a wallet seed phrase in a press release.

The Hong Kong Monetary Authority and Shanghai authorities have agreed to study a blockchain-based cross-border platform linking cargo trade data, electronic bills of lading and financial applications under Project Ensemble.

Turkey’s ruling Justice and Development Party has proposed a 10% tax on cryptocurrency income and gains as part of draft amendments to the country’s tax laws.

Las Vegas-based Bitmine Immersion Technologies said it now holds 4,473,587 ether, representing 3.71% of the circulating supply, positioning itself as the world’s largest ethereum treasury company.

Ethereum co-founder Vitalik Buterin said native smart accounts could be introduced within a year through the network’s planned Hegota upgrade, marking a major step towards full account abstraction.