Odaily Planet Daily reports that due to the spread of protests within Iran and the Rial exchange rate falling to a historic low, the Iranian government implemented a nationwide internet shutdown today, disrupting transactions for approximately 7 million cryptocurrency users.
TRM Labs data shows that from January to July 2025, the total cryptocurrency liquidity within Iran was about $3.7 billion. In the current offline environment, Hunter Horsley, CEO of Bitwise, suggests using Bitcoin as a store of wealth. Currently feasible offline trading solutions include: Starlink satellite internet, which has been activated domestically and can provide high-speed connectivity; and the Blockstream satellite network, which supports broadcasting Bitcoin data globally.
Additionally, Bitchat, a decentralized communication service based on Bluetooth mesh networks, has been downloaded over 1.4 million times since its release, supporting the transfer of transaction data between phones. The Darkwire project, developed by Cyb3r17, uses long-distance radio technology to create mesh networks capable of transmitting Bitcoin transactions without internet access. South African developer Kgothatso Ngako’s Machankura supports users in sending and receiving Bitcoin via telecommunications networks rather than the internet. The above offline solutions still ultimately require connected devices to upload transactions to the blockchain for confirmation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ledger Executive: If the US Bans Stablecoin Yields, Other Countries May Fill the Regulatory Gap
Ledger Asia-Pacific Head Shibayama stated that if the US implements a stablecoin yield ban, international discussions will increase. Countries like Australia have already provided regulatory exemptions, and currently most stablecoins do not offer yields to users. US regulatory bill progress has been slow due to opposition to prohibition clauses supported by the banking industry. Asian financial institutions' focus has shifted toward financial product tokenization and stablecoin issuance, rather than crypto-native products like DeFi.
GateNews6m ago
Cambridge Study Finds Bitcoin Can Withstand 72% of Submarine Cable Failures
A study published by the Cambridge Centre for Alternative Finance on March 12, 2026, analyzing 11 years of peer-to-peer network data against 68 verified submarine cable fault events, found that 72% to 92% of inter-country submarine cables would need to fail simultaneously before more than 10% of Bitcoin network nodes disconnect.
CryptopulseElite6m ago
Will stablecoin yields be banned by the US? Ledger executive warns: the global regulatory landscape may be reshaped
Ledger's Asia-Pacific head Shibayama stated that if the US bans stablecoin yield distribution, it will trigger a new global cryptocurrency regulatory landscape, with some countries potentially introducing more attractive policies. The Asian market focuses more on blockchain infrastructure and tokenization of financial products, while large institutions show less interest in direct cryptocurrency asset investments. As regulation improves, institutional investors are becoming more cautious when selecting custodial service providers.
GateNews8m ago
Bitcoin Surpasses $72,000, but Market Increasingly Dependent on Leverage
Bitcoin enters the weekend fluctuating around the 72,000 USD mark, considerably lower than last week's peak above 74,000 USD and still quite far from the highs reached in early year. Looking at price movements alone, the market appears relatively stable.
However, the underlying structure paints a dimmer picture.
TapChiBitcoin15m ago
10x Research: Unusual Adjustments in Bitcoin On-Chain Capital Flows and Position Changes
10x Research posted a message on the X platform stating that Bitcoin prices are rising slowly, with abnormal capital flows appearing in the market. Recently, funding rates and risk indicators have undergone significant adjustments, market trends are being influenced by position structures, and changes in positions for Ethereum and Bitcoin require attention, with options trading before the end of March being particularly critical.
GateNews16m ago
BlockFills Entities File Bankruptcy After Withdrawals Halted, Court Froze Bitcoin
In brief
BlockFills entities have filed for Chapter 11 bankruptcy after suspending client withdrawals, following an asset freeze for 70 BTC earlier this month.
A lawsuit filed by its creditor, Dominion Capital, alleges BlockFills commingled assets and had a $77 million shortfall.
The
Decrypt21m ago
