Author: Zen, PANews
The global spotlight is on Iran and the Persian Gulf. The outside world often discusses Iran through two main narratives: military and regime risks, and energy and shipping disruptions. Mainstream media's immediate reports focus on military actions, oil and gas facilities, the Strait of Hormuz, and sharp fluctuations in financial markets.
But beneath these grand narratives, if you zoom in on cities like Tehran, Mashhad, and Avaris and look at individual ordinary people, you'll find that during times of heightened tension, the most important things are life and asset safety.
After the US and Israel launched the attack, the outflow of assets from Iran's largest cryptocurrency exchange, Nobitex, surged by approximately 700% within just a few minutes. A Chainalysis report also confirmed that within hours after the attack, the hourly trading volume of crypto assets within Iran rapidly increased.