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Bitcoin Crashes $4,500 Minutes After Iran & Israel Missile Attacks

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The Iran and Israel conflict made the Asian stock markets dip on Monday along with the cryptocurrency market and Bitcoin. India’s Sensex, Hong Kong’s Hang Seng, and Japan’s Nikkei crashed on the opening bell making stocks fall lower in the charts. The escalating tensions are making investors worried about a further crash and institutional investors pulled out of their holdings. Also Read: Iranian Drones Sink Asian Markets: Will US Stocks Crash Today? The cryptocurrency market also remained at the receiving end as Bitcoin flash crashed by $4,500 minutes after Iran launched drone and missile attacks on Israel. The Iron Dome managed to thwart all incoming missiles from Iran but the situation remains grim with threats of war. Source: Coingecko Bitcoin was trading around the $67,200 mark on Sunday before Iran launched the drone missiles on Israel . After the attacks, Bitcoin crashed to the $62,700 level shedding a value of $4,500 in a jiffy on late Sunday. This...

Iranian crypto exchange exposes KYC data of 230,000 users, investigation reveals

Iranian crypto trading platform Bit24.cash has apparently inadvertently exposed the sensitive data of nearly 230,000 users , according to recent research. According to an investigation conducted by Cybernews, the Iranian crypto exchange Bit24.cash misconfigured a high-performance object storage system instance, inadvertently granting access to cloud storage containers containing the platform’s Know Your Customer (KYC) data. The researchers learned that approximately 230,000 Iranian citizens have fallen victim to a misconfiguration, which led to the exposure of their written consent to regulations, along with sensitive details such as passports, IDs, and credit cards. In a commentary to Cybernews, a spokesperson for Bit24.cash called the claims “inaccurate and misleading,” emphasizing that there is no evidence of a data breach or unauthorized access to sensitive user information. You might also like: Israel seized crypto worth millions of dollars from accoun...