Iran has restricted the trading time of cryptocurrencies following a hacker attack on Nobitex.

The Central Bank of Iran has limited the operating hours of cryptocurrency exchanges – they can now only conduct operations from 10:00 to 20:00. This decision was a direct response to a large-scale cyberattack during which hackers withdrew more than $90 million in cryptocurrencies from the leading exchange Nobitex. This is stated in a report by Chainalysis.

Let us remind you that the attack for which the pro-Western group Gonjeshke Darande (Predatory Sparrow) claimed responsibility was a political signal. The hackers stated that they gained access to the infrastructure of Nobitex and promised to publish its source code and internal data.

In a message on platform X (, the former Twitter ) group also mentioned its previous attack on the Central Bank Sepah.

According to analysts at Elliptic, the withdrawn funds were burned - sent to wallets without known private keys, which effectively made them inaccessible.

Some of the addresses contained insults directed at the Islamic Revolutionary Guard Corps (IRGC), which only highlights the political nature of the attack.

They added that the attack fits into the overall pattern of cyber operations that coincide with the rising tensions between Israel and Iran.

Experts noted that Iran has already used cryptocurrencies to circumvent international sanctions before, and platforms like Nobitex play a critical role in this shadow financial infrastructure. However, the increased dependency on digital assets makes Iran extremely vulnerable in cyber warfare.

Despite the introduction of restrictions on nighttime trading, the team at Chainalysis believes that such measures will not fully protect Iran from similar incidents in the future. However, they indicate Tehran’s growing concern for the protection of the digital economy, which has become vital under conditions of isolation.

Earlier, we reported that IRGC officials were involved in a crypto scam totaling over $21 million.