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Hackers steal and destroy millions from Iran’s largest crypto exchange


It's the latest cyberattack on Iran claimed by a pro-Israeli hacking group since the latest flare up in tensions between the two countries.

In a statement on its website translated by TechCrunch, Nobitex said it detected unauthorized access to its infrastructure and hot wallet, in which the company stores a portion of its customers’ cryptocurrency. Blockchain analysis firm Elliptic said the hackers “burned” the stolen funds by sending the crypto to inaccessible wallets, effectively taking the money out of circulation. Iranian news outlet IRIB said Tuesday that amid the ongoing military conflict, Israel had “launched a massive cyber war against [Iran’s] digital infrastructure to disrupt the process of providing services.”

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