Iranian Crypto Exchange Hacked, More Than $90 Million Taken
Iran's largest cryptocurrency exchange was drained of more than $90 million on Wednesday, with a pro-Israel hacking group claiming responsibility, according to a blockchain analysis firm.
The cyberattack on the exchange, Nobitex, appeared motivated by the ongoing hostilities between Israel and Iran, blockchain analysis firm Elliptic said in a blog post. Elliptic said the hack had been carried out by Gonjeshke Darande, or 'Predatory Sparrow,' which claimed responsibility for an attack on Iran's Bank Sepah earlier this week.
A post on an X account associated with Gonjeshke Darande overnight said the exchange's source code would be released in 24 hours and that assets in the exchange would be vulnerable. Elliptic founder Tom Robinson said the claim was credible.
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