TRM Labs: Cryptocurrency fund flows in Iran fell 11% due to the conflict between Israel and Iraq and the Nobitex hacking attack
TechFlame
2025-08-27 00:52
TechFlame2025-08-27 00:52
English
TechFlame reports that blockchain analysis company TRM Labs said that due to the breakdown of nuclear negotiations with Israel, Iran's largest cryptocurrency exchange suffered a $90 million hacker attack, and the blacklisting of a mainstream stablecoin, the amount of capital flowing into Iran's cryptocurrency trading platform declined in 2025.
TRM Labs pointed out in a report released on Tuesday that from January to July this year, Iran's total cryptocurrency capital flow reached 3.7 billion US dollars, down 11% from the same period last year, with June and July being the most significant.
“This decline in capital flows coincides with a combination of events: the breakdown of nuclear negotiations, the 12-day conflict with Israel that began on June 13, and large-scale power outages within Iran — the causes include physical military operations and cyber attacks launched by Israel, as well as power interruption measures voluntarily implemented by the Iranian regime.”