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Pro-Israel hackers behind the theft of $90 million from Iran’s largest crypto exchange, Nobitex, have threatened to target more Iranian institutions and warned citizens to withdraw their funds. Known as Gonjeshke Darande, or “Predatory Sparrow,” the hackers announced on X last Friday that they’re looking to target any institutions supporting Iran’s military forces. “Some of them will be destroyed with intense force; others will just disappear right before your very eyes,” it said. Predatory Sparrow then warned Iranians to withdraw their funds before it’s “too late,” and said it would not explain itself any further. The octopus ruling Iran has many arms – they are being cut off one by one This week, we, “Gonjeshke Darande”, targeted the IRGC’s financial lifelines – the arteries feeding terror and destruction. These infrastructures were not operated for the benefit of the citizens. They… pic.twitter.com/5aEiN0esGl — Gonjeshke Darande (@GonjeshkeDaran...

BRICS members Russia and Iran announced that they have officially abandoned the US dollar for trade between the two nations. Russia reported that 96% of all cross-border transactions between Iran have been settled in local currencies, the ruble and rial. In 2024, the usage of local currencies between Russia and Iran is up by 12.4%, making 96% of all settlements. Also Read: BRICS Determined to Trade In Local Currencies, Not US Dollar “We (BRICS members Iran and Russia) have entered into a currency agreement with Russia and fully removed the US dollar. Now we only trade in rubles and rials,” said the Governor of the Central Bank of the Islamic Republic, Mohammad Reza Farzin. However, both nations face sanctions as the White House has made it difficult to accept the US dollar. In July this year, both the BRICS countries agreed to a currency swap policy signed by the Russian and Iranian central banks. They also completed the integration of Russia’s Mir payment as a replacement ...

The new member of BRICS, Iran is urging the alliance to create a new “joint currency” that can be used by member nations to settle cross-border transactions and put an end to the US dollar usage on the global scale. Iran is calling for a joint BRICS currency that can be used as payments for global trade within the 10-member alliance. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: Russia Makes Huge Announcement On New BRICS Expansion Mahdi Safari, Iran’s Deputy Foreign Minister revealed that the country is keen on the formation of a new joint BRICS currency. The Minister added that Tehran will initiate the process if all members agree to the idea of a joint BRICS currency. A ‘Joint BRICS Currency’ Now On The Cards Source: Financial Tribune BRICS members China and Russia were advancing to dethrone the US dollar with a new currency. However, Iran is now catching up with both nations...