Exodus or firewall? Blockchain analysts clash over Iran’s crypto outflows
When airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a “digital bank run” was ongoing. The reality may be more complex.
When airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a “digital bank run” was ongoing. The reality may be more complex.
The bank said the technology is shifting from experimentation to real-world deployment, with implications for capital markets, governments and global GDP.
CEO Ronald O’Hanley says the transformation isn’t about bitcoin, but about reengineering traditional assets for faster, modern rails.
U.S. President Donald Trump took office early this year, with at least part of his 2024 election victory thanks to voters who took to heart campaign promises about a crypto-friendly administration. So far, the Trump administration has indeed taken decisive pro-crypto steps, including signing an… Read More
A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT, with the goal of enabling instant 24-hour payments. N3XT said on Thursday that it aims to settle payments instantly at any time using a private… Read More