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:
- Upgraded Prilex Point-of-Sale malware bypasses credit card security
September 29, 2022
Security analysts have observed three new versions of Prilex PoS-targeting malware this year, indicating that its authors and operators are back in action. Prilex started as ATM-focused malware in 2014 and it pivoted to PoS (point of sale) devices in 2016. While development and distribution peaked in 2020, the malware disappeared in 2021. Kaspersky analysts now report ...
- Singapore firms see 54 cybersecurity incidents daily, struggle to keep up
September 29, 2022
The cybersecurity threat landscape is evolving so quickly companies in Singapore are finding it tough to keep up. Half feel “inundated” by an endless stream of cyber attacks, describing this as one of their biggest work frustrations. Just 25% of cybersecurity professionals in Singapore felt “very confident” in their organisation’s ability to adapt to new threats, ...
- Prilex: the pricey prickle credit card complex
September 28, 2022
Prilex is a Brazilian threat actor that has evolved out of ATM-focused malware into modular point-of-sale malware. The group was behind one of the largest attacks on ATMs in the country, infecting and jackpotting more than 1,000 machines, while also cloning in excess of 28,000 credit cards that were used in these ATMs before the ...
- Leaked LockBit 3.0 builder used by ‘Bl00dy’ ransomware gang in attacks
September 28, 2022
The relatively new Bl00Dy Ransomware Gang has started to use a recently leaked LockBit ransomware builder in attacks against companies. Last week, the LockBit 3.0 ransomware builder was leaked on Twitter after the LockBit operator had a falling out with his developer. This builder allows anyone to build a fully functional encryptor and decryptor that threat ...
- Australia asks FBI to help find attacker who stole data from millions of users
September 28, 2022
Australian authorities have asked the United States Federal Bureau of Investigation (FBI) to assist with investigations into the data breach at local telco Optus. Attorney general Mark Dreyfus yesterday revealed the FBI was asked to help identify the entities involved in the attack, which saw Optus leak data describing over ten million account holders. Data suspected ...
- New NullMixer dropper infects your PC with a dozen malware families
September 27, 2022
A new malware dropper named ‘NullMixer’ is infecting Windows devices with a dozen different malware families simultaneously through fake software cracks promoted on malicious sites in Google Search results. NullMixer acts as an infection funnel, using a single Windows executable to launch a dozen different malware families, leading to over two dozen infections running a single ...