Cryptocurrency

The probe follows an internal Binance investigation into suspicious transactions that allegedly identified more than $1 billion in flows connected to a network funding Iran-backed terrorist groups.

The digital currency hits a monthly high with a surge above $71,000, breaking a significant barrier. On the local stock exchange, screens turned green as the indices moved into positive territory.

Minutes after the Tehran attack, withdrawals from the largest Iranian crypto exchange jumped 700%. Despite 99% internet cuts, 11M users rushed to move funds abroad.

Polymarket is in the spotlight as unusual bets were placed just before the Iran attack, raising concerns about possible insider information and huge profits.

The crypto-currency exchange site reportedly fired or suspended at least four employees involved in the internal investigation, with the company blaming “violations of company protocol.”

Israeli security foils numerous Iranian spying attempts, but intelligence damage exposes a growing national vulnerability.

According to a police spokesperson, the National Cyber Crime Unit of Lahav 433 was undertaking a covert investigation over the last few months into an illegal cryptocurrency financial service.