The Republic of Iran is currently chaos personified, as its war crisis with Israel takes in various problems for the nation. Iran, while handling active warfares and fighting with Israel, suffered a harmful cyber attack last night. The nation’s Sepah bank was wiped out of data last night, which made the nation paralyzed and fought financially. The first bank ever established in Iran, Sepah, was left weakened when it was affected by evil online attacks led by Israelis, which disturbed its online presence and networks. The aforementioned disturbances ended up hindering Iran’s gas station and put its citizens in serious danger. The reports have also claimed that the attack stopped drying expensive sepah data, which gives the real question of security at times of serious social unrest. Does Bitcoin help solve this burning question? An analyst likes it.
Also read: Chinese Bitcoin -mine manufacturers flee from customs, set up in the United States
Sepah Bank Data Delete during war: How safe are banks now?
Only in: Major cyberattack 🚨
The Israel-coupled hacker group Bredande Sparrow claims that it “destroyed all the data” at Iran’s Bank Sepah, causing major service breaks and branch closures over Iran.
They were aimed at one of Iran’s oldest banks with ties to IRGC and military. pic.twitter.com/bnijawjcuc
– Bitcoin News (@bitcoinnwscom) June 17, 2025
Such an attack has appeared at a time when Iran is severely engaged in violation of Israel, as the hostilities between the two nations continue to become stronger.
“Disturb the availability of this bank’s funds. Or trigger a broader collapse of trust in Iranian banks, may have major effects there. “Which is shared by Rob Joyce, the former top cycle security officer at the NSA.
In addition, such confusing hack forces us that banks can really trust during a serious economic crisis. With the global governments who are susceptible to harmful malicious software and hack, the said story drives us to ask a greater question about whether banks should really rely on these times. Or will the government really support its citizens in a serious war/global crisis?
In the midst of this, a remarkable analyst, Max Kaiser, took to X to share his opinion. He added how Bitcoin is the only solution that counts centralized forces in full swing, and prioritizes investors at all costs.
“Reminder: Everything 𝑵𝑶𝑻 Bitcoin – all Fiat, Shitcoins and Stablecoins – can be deleted like this.”
Reminder:
Everything 𝑵𝑶𝑻 bitcoin; All Fiat, Shitcoins, Stablecoins, can be deleted like this. pic.twitter.com/iywt2lvleu
– Max Keizer (@Maxkeiser) June 17, 2025
Error of banking systems against bitcoin
The current banking system and its centralized regimes have long been questioned since Bitcoin entered the big picture.
The banks are closed for the weekend. Bitcoin is never closed.
– watcher.guru (@watcherguru) June 15, 2025
It is now appreciated for its scarcity and unique system that makes it irrevocable and really decentralized BTC. Several economic tongues have come up to ensure Bitcoin Receives their due credit at present.
“Bitcoin has a unique boundary transfer and payment functions.. WHile solves his problem with being difficult to share, difficult to identify authenticity and uncomfortable to carry. “
Just in: 🇨🇳 The largest bank in the world, $ 6.2T Industrial and Commercial Bank of China says:
“Bitcoin> Gold> USD”ICBC has written 3 notes to investors about #Bitcoin in three months.
Some highlights:
-Bitcoin has unique limit transfer and payment functions.
– Bitcoin Archive (@BTC_archive) June 11, 2024
Natalie Brunell, another remarkable Cryptocurrency expert, shared how bitcoin is better than banks recently.
Way #Bitcoin is better than your bank:
-S not in the evenings, weekends or bank weekends
-Int loan your savings
-No CEO or Execs to pay off bonuses before an inflating
-Inges not lobbying politicians
-We not censorship or monitor your transactions
-Furishes not exploited …– Natalie Brunell ⚡️ (@Natbrunell) March 16, 2023
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