Nobitex, the biggest cryptocurrency marketplace in Iran, has begun to reopen wallets after an exploit that began in the spring. The loss suffered as a result of the attack was in excess of $90 million. An update on the recovery process was issued by the exchange yesterday. They started to open spot wallets to verified […]
Nobitex
Nobitex Breach: Iran Limits Crypto Exchange Hours After $100 Million Hack
Key Takeaways: On June 18, 2025, Iran’s largest digital asset platform, Nobitex, suffered a devastating exploit that resulted in the loss of over $90 million across multiple cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Solana. Nobitex has long been under the radar due to its connections with various sanctioned entities. It has reportedly processed transactions linked […]
Crypto Exchange Nobitex Hacked for $48 Million Amid Iran-Israel Cyber Warfare
Key Takeaways: Iran’s top crypto exchange, Nobitex, has suffered a massive breach with more than $48 million in digital assets reportedly siphoned off by hacker group Gonjeshke Darande. The group, which is known as “Predatory Sparrow,” announced the attack publicly on X on June 18, accusing Nobitex of enabling terror financing and bypassing international sanctions. […]