Nobitex, a popular cryptocurrency exchange, is gradually restoring its services following a significant cybersecurity breach. The hack, which disrupted operations and raised concerns among users, is now being addressed with enhanced security measures and a phased restoration plan. Nobitex has prioritized verified users in its initial restoration ph
S&P 500 Sets New All-Time High, Surges Above 6200
The S&P 500 index (US SPX 500 mini on FXOpen) started the week by reaching a fresh all-time high. As shown on the chart, the index hit 6,210 points earlier this morning. In addition to a reduced risk of US involvement in a large-scale war in the Middle East, market optimism has been fuelled by:→ […]
Man Jailed for $40 Million Crypto Fraud After Running Fake Coin Platforms
A 57-year-old man from the US has been sentenced to nearly eight years in prison for leading a fake cryptocurrency investment scheme that took over $40 million from investors.
XAU/USD Chart Analysis: Price Retreats to Monthly Low
In mid-June 2025, demand for gold surged following reports of exchanged strikes between Israel and Iran, along with US bombings of Iran’s nuclear facilities. As a so-called safe-haven asset, gold prices climbed towards $3,430. However, by the final day of June, the XAU/USD chart shows that gold had retreated to around $3,250, marking the lowe
Hacked Iranian crypto exchange Nobitex slowly restores services
Hacked Iranian crypto exchange Nobitex is slated to resume withdrawal services, starting with verified users. Hacked Iranian crypto exchange Nobitex has begun the process of restoring services after it was attacked by pro-Israel hacker group Gonjeshke Darande earlier this month. The exchange stated that only users who have completed identity verifi
Rug Pull Crypto Explained: Is It Illegal?
A rug pull in crypto is a deceptive maneuver where the creators of a cryptocurrency project suddenly abandon it and take all the investors’ money. The rug pull meaning refers to this sudden exit, which leaves investors with worthless tokens. The rug pull definition highlights it as a scam where project developers pull the “rug” […]
Market Analysis: Gold Drop, Oil Slides — Traders Eye Macro Triggers
Gold price started a fresh decline below $3,320. WTI Crude oil is down over 15% and remains at risk of more losses. Important Takeaways for Gold and WTI Crude Oil Price Analysis Today Gold price climbed higher toward the $3,400 zone before there was a sharp decline against the US Dollar. A key bearish trend […]
CBDC Trials Delayed in South Korea as Local Banks Bet on Stablecoins
South Korea’s plans to expand testing of a central bank digital currency (CBDC) have been put on hold, as local banks shift their attention to stablecoins tied to the Korean won.
Iranian Crypto Exchange Nobitex Recovers After Hack: Restoring Services
Iranian cryptocurrency exchange Nobitex has begun gradually reinstating its services following a significant hacking incident last week, affecting numerous user accounts, as confirmed by the exchange. Nobitex, one of Iran’s most prominent crypto platforms, reported the security breach but reassured users that recovery efforts were underway and limi
South Korea Suspends Digital Won Project amid Stablecoin Push
South Korea’s central bank has halted its digital currency testing project, raising doubts about the country’s central bank digital currency (CBDC) plans. As reported by Bloomberg, the Bank of Korea (BoK) told the participating banks that it has decided to pause talks on the initiative for now. A Question Over the Digital Won’s Future A […]