
US sanctions Iranian crypto exchange and its software developer over alleged IRGC Bitcoin transfers
Treasury says BitBank moved hundreds of millions of dollars in Bitcoin while its developer sat inside Babak Zanjani’s wider network.
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.

The exchange is winding down with $253.6 million still across Nansen-labeled wallets as five major platforms control nearly 88% of tracked trading volume.

Public nodes and key dapps are back after an August security incident, while a final review and uniform exchange transfers remain outstanding.

Coinbase's September workshop shows signature choices and operational migration must advance together across exchanges, wallets and key-management systems.

Withdrawals close Sept. 14 at 14:00 UTC, ahead of Sept. 15–25 liquidation with no guaranteed proceeds currency.

The attacker used an unauthorized mailbox inside a genuine government domain, allowing the request to clear Revolut’s authentication controls.

A Sept. 10 onchain snapshot put backing at 85.15%, while federation peg-outs remained suspended and live market depth stayed unmeasured.



