Elliptic: Iranian crypto outflows jump 700% minutes after U.S.-Israeli airstrikes, Elliptic says

The blockchain analytics firm said flows from Iran’s largest exchange spiked immediately after U.S.-Israeli strikes on Tehran, pointing to possible capital flight. What to know : Outgoing crypto transactions from Iranian exchange Nobitex surged 700% within minutes of the initial strikes at the weekend, per Elliptic. The analytics firm linked other spikes in outflows to U.S. sanctions announcements and January unrest followed by an internet blackout. Funds appear to be moving to overseas exchanges, potentially bypassing banking controls, the report said.