Iran’s largest crypto exchange, Nobitex, said Wednesday that it was hacked and funds have been drained from its hot wallet.
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. The company said it was investigating the incident, and that its website and app would be unavailable for the foreseeable future. Public records show the hackers stole at least $90 million of the company’s assets over multiple transactions. 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.
Read more…
Source: TechCrunch News
Sign up for our Newsletter
The latest news and insights delivered right to your inbox.
Related:
- Scammers target OnlyFans users with deepfakes
August 6, 2026
OnlyFans creators are used to posting adult videos of themselves online, but what happens if someone takes control of their images and uses them for fraud? This week, USA Today revealed how criminals are impersonating OnlyFans creators using AI tools. They use deepfake content to lure the real models’ fans with fake promises of live chats, and ...
- Token Jacking: Cybercriminals Could Be Stealing Your AI Resources
August 6, 2026
It’s three a.m., do you know what your AI agent is doing? Unit 42 has responded to a growing number of AI token jacking cases resulting in staggering financial losses. The financial loss comes from criminals gaining access to API keys used by legitimate developers for access to popular AI platforms. These keys are known ...
- How legitimate cloud platforms enable phishers to bypass MFA
August 4, 2026
Threat actors are increasingly exploiting legitimate cloud services to evade detection and streamline the deployment of their scam infrastructure. Cloud hosting services and decentralized networks have become primary platforms for hosting phishing pages and sites. Throughout 2025 and 2026, Kaspersky researchers have observed phishing operators steadily migrate toward platforms like Cloudflare Workers, Vercel, Netlify, GitHub ...
- Over 100,000 UK Police and staff have personal data leaked in attack on national database
August 4, 2026
The UK’s Police National Legal Database (PNLD) suffered a cyberattack recently, in which it allegedly lost sensitive data on more than 100,000 criminal justice professionals. In a short press release, PNLD confirmed the breach, saying it happened over a weekend. The threat actors, which were not named in the announcement, were said to have taken names, organizations, and ...
- Hackers steal over $130M by exploiting bug in offline hardware wallets
August 4, 2026
Hackers are in the midst of a massive theft of cryptocurrency from supposedly secure offline hardware wallets, according to blockchain security firms monitoring the heists. At least a dozen different hackers are said to be targeting Bitcoin owners who use the hardware crypto wallet Coldcard, made by Coinkite. At this point, it’s unclear who is behind ...
- Pass the Passkey: A Novel Attack Surface in Passwordless Authentication
August 3, 2026
This article analyzes new attack classes against passwordless authentication, focusing on Google’s synced passkey ecosystem and the Cloud Authenticator used by desktop clients. The attacks demonstrate how malware on a compromised endpoint can misuse onboarding, recovery and device trust workflows to take over passkey-protected accounts. Palo Alto Unit 42 shows how an attacker can authenticate ...