Hackers steal and destroy millions from Iran's largest crypto exchange
a year ago
- #Iran-Israel conflict
- #cryptocurrency
- #cybersecurity
- Iran's largest crypto exchange, Nobitex, was hacked, with funds drained from its hot wallet.
- Unauthorized access to Nobitex's infrastructure and hot wallet was detected, leading to an investigation.
- Hackers stole at least $90 million in assets, sending funds to inaccessible wallets to 'burn' them.
- Nobitex has over 10 million customers and its services are currently unavailable.
- Pro-Israel hacking group Predatory Sparrow claimed responsibility, citing Nobitex's alleged ties to terrorism and sanctions evasion.
- Predatory Sparrow also claimed a cyberattack on Iran's Bank Sepah, causing ATM outages.
- The cyberattacks coincide with military tensions between Israel and Iran.
- Iranian media reports Israel launched a cyber war targeting Iran's digital infrastructure.