Ferox

Pro-Israel hackers destroy $90 million in Iran crypto exchange breach, analytics firm says

Dado Ruvic | Reuters Iran’s largest cryptocurrency exchange, Nobitex, was hacked for more than $90 million Wednesday, according to blockchain analytics firm Elliptic. The funds were drained from platform wallets into addresses bearing anti-government messages explicitly referencing Iran’s Islamic Revolutionary Guard Corps, or IRGC, pointing to a politically motivated cyberattack, Elliptic said. Blockchain research firm…

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SUI Reverses After Wild Swings; Trading Volume Spikes 11% Above 30-Day Average

SUI SUI experienced a turbulent 24-hour trading window marked by sharp intraday swings and heavier-than-usual trading activity. After initially plunging to $2.71, the token mounted a brief rally toward $2.92 before encountering strong resistance near $2.82. That zone capped the recovery, triggering a swift reversal that dragged prices back toward the $2.78–$2.79 area. What made…

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We Need to Fix the So-Called GENIUS Bill

A bipartisan majority in the Senate has just passed the GENIUS Act to provide a regulatory framework for stablecoins. A similar bill, the STABLE Act, is working its way through the House. President Trump wants to sign a stablecoin bill into law this year, so it looks like we are well on our way to…

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Is Ethereum Price Set To Repeat History As 2017 Playbook Returns? Why This Time Could Be Bigger

The Ethereum price action is showing remarkable similarities to its 2017 market cycle, with analysts pointing to a near-identical technical setup and market behaviour. Crypto analyst Merlijn the Trader, who shared a side-by-side weekly chart comparison of 2025 and 2017 on X (formerly Twitter), suggests that Ethereum is now following the same breakout pattern that…

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Pro-Israel hackers destroy $90 million in Iran crypto exchange breach, analytics firm says

Dado Ruvic | Reuters Iran’s largest cryptocurrency exchange, Nobitex, was hacked for more than $90 million Wednesday, according to blockchain analytics firm Elliptic. The funds were drained from platform wallets into addresses bearing anti-government messages explicitly referencing Iran’s Islamic Revolutionary Guard Corps, or IRGC, pointing to a politically motivated cyberattack, Elliptic said. Blockchain research firm…

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