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:
- Attackers leveraging Dark Utilities “C2aaS” platform in malware campaigns
August 4, 2022
In early 2022, a new C2 platform called “Dark Utilities” was established, offering a variety of services such as remote system access, DDoS capabilities and cryptocurrency mining. The operators of the service also established Discord and Telegram communities where they provide technical support and assistance for customers on the platform. Dark Utilities provides payloads consisting of ...
- DDoS attacks in Q2 2022
August 3, 2022
Politically-motivated cyberattacks dominated the DDoS landscape in the second quarter of 2022 just as they did in the previous reporting period. ALtahrea Team, a group targeting NATO and its partners, attacked public transportation websites in Israel and the United Kingdom. Israel saw a cyberattack on the Airports Authority, and UK, an attack on the Port ...
- Examining New DawDropper Banking Dropper and DaaS on the Dark Web
August 2, 2022
Malicious actors have been surreptitiously adding a growing number of banking trojans to Google Play Store via malicious droppers this year, proving that such a technique is effective in evading detection. Additionally, because there is a high demand for novel ways to distribute mobile malware, several malicious actors claim that their droppers could help other ...
- Website of Taiwan’s presidential office receives overseas cyber attack
August 2, 2022
The website of Taiwan’s presidential office received an overseas cyber attack on Tuesday and was at one point malfunctioning, a source briefed on the matter said. The website was shortly brought back online, the source told Reuters. U.S. House of Representatives Speaker Nancy Pelosi was expected to arrive in Taipei later on Tuesday, people briefed on ...
- SolidBit Ransomware Enters the RaaS Scene and Takes Aim at Gamers and Social Media Users With New Variant
August 2, 2022
Trend Micro researchers recently analyzed a sample of a new SolidBit ransomware variant that targets users of popular video games and social media platforms. The malware was uploaded to GitHub, where it is disguised as different applications, including a League of Legends account checker tool (Figure 1) and an Instagram follower bot, to lure in ...
- CISA and ACSC Release Top 2021 Malware Strains
August 2, 2022
CISA and the Australian Cyber Security Centre (ACSC) have published a joint Cybersecurity Advisory on the top malware strains observed in 2021. Malicious cyber actors often use malware to covertly compromise and then gain access to a computer or mobile device. As malicious cyber actors have been using most of these top malware strains for ...