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Iranian Crypto Exchange Nobitex Hacked BY Israeli Hackers as War Enters Cyberspace

  • Iran's largest cryptocurrency exchange, Nobitex, was hacked on June 18, resulting in the theft of digital assets, with estimates ranging from $73 million to over $100 million.
  • The attack was claimed by Gonjeshke Darande, a pro-Israel hacking group with a history of targeting Iranian infrastructure amidst escalating tensions between the two countries.
  • Nobitex, with over 7 million users, has been linked to the IRGC, Iranian government figures, and sanctioned entities like Hamas, Palestinian Islamic Jihad, and the Houthis.
  • The hackers exploited vanity blockchain addresses containing anti-IRGC messages, suggesting a geopolitical motive rather than purely financial gain.
  • Blockchain analysis indicates that the hackers may not have access to the stolen funds, implying a politically motivated hack.
  • The use of anti-IRGC messages in the addresses aims to weaken Iran's position amid the conflict.
  • The hack disrupted Nobitex's services and targeted the exchange due to its alleged role in evading sanctions and financing geopolitical strategies.
  • Iran has restricted internet access following the hack as a precaution against further cyberattacks.
  • The stolen funds have not been moved from the original wallets, supporting the theory of a politically driven attack.

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