Hackers Burn $90M in Crypto in Attack on Iran’s Nobitex Exchange
On June 18, a significant cyberattack occurred at Nobitex, Irans biggest cryptocurrency exchange, resulting in the destruction of digital assets worth
On June 18, a significant cyberattack occurred at Nobitex, Irans biggest cryptocurrency exchange, resulting in the destruction of digital assets worth about $90 million. As a political protest against Irans Revolutionary Guard Corps, the group Gonjeshke Darande Predatory Sparrow, suspected of having ties to Israel, claimed responsibility for the incident, claiming the money was sent to wallets that were unreachable and purposefully torched. Along with releasing Nobitexs source code, the attackers claimed that the platform helped evade sanctions and provided cash to organisations like the Houthis and Hamas. Noting "unauthorised access," Nobitex shut down its systems. This is the groups second strike in two days after Bank Sepah was breached. Rising geopolitical tensions in cyberspace and the susceptibility of digital banking systems in war areas are highlighted by the occurrence.
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B2B Tech News | 18 days ago