$80M Crypto Hack - Iran's Nobitex Exchange Hacked

[ProBuilders]

Iran’s biggest crypto exchange Nobitex has been hacked, with over $80 million drained from its hot wallets.

Blockchain detective ZachXBT tracked the funds across several chains like Bitcoin, Tron, Dogecoin, and Ethereum.

The funds were moved to suspicious vanity wallet addresses like - https://usdt.tokenview.io/en/address/TKFuckiRGCTerroristsNoBiTEXy2r7mNX

$49 MM was burned in the above address

A hacker group called Predatory Sparrow claimed responsibility. They promised to leak private data and source code within 24 hours.

Stolen assets include:

• Bitcoin
• Ethereum
• USDT
• Tron
• Dogecoin
• BNB Chain tokens

Nobitex confirmed the attack:
“Only hot wallets were affected. Cold storage is safe. Users will be fully compensated.”

Political Discussions aren't allowed in the forum. This is just Crypto News. Please let's keep it that way.

 

[RichMedusa]

Glad to hear that users will be fully compensate, that's what really matters in the end

 

[Crytononame]

Crazy news: those hackers who targeted Nobitex in Iran didn't just steal the crypto – they straight up burned all $90 million of the tokens they took. Gone

 

[InstaFarmAgency]

I do believe this has been politically motivated. We should not discuss that here.

 

[amdadul3036]

$80 million is very small amount for a crypto company. They can easily recover it.

 

[AliHassan6579]

Very bad for iran

 

[k2h2]

Burned means they deleted majority of that coins value? Why?

 

[WAndreas]

$80 million is very small amount for a crypto company. They can easily recover it.

Perhaps this just shows how much the exchanges are not looking after their security? Or how much stronger hackers are after all?

 

[BassTrackerBoats]

I do believe this has been politically motivated. We should not discuss that here.

There has not been anything in this discussion as to this being politically related.

 

[Flamee]

crazy stuff, exchanges gotta step up their security big time
from experience, after hacks like this, community trust tanks hard-good crisis comms, clear influencer statements, and fast transparent updates usually help rebuild