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:
- Jupyter trojan: Newly discovered malware stealthily steals usernames and passwords
November 16, 2020
A newly uncovered trojan malware campaign is targeting businesses and higher education in what appears to be an effort to steal usernames, passwords and other private information as well as creating a persistent backdoor onto compromised systems. Jupyter infostealer has been detailed by cybersecurity company Morphisec who discovered it on the network of an unnamed higher ...
- Israeli companies targeted with new Pay2Key ransomware
November 16, 2020
Several companies and large corporations from Israel have been breached and had their systems encrypted using a new strain of ransomware named Pay2Key, in what appears to be a targeted attack against Israeli networks. The first attacks were seen in late October but have now grown in numbers while also remaining contained to Israel. “As days go ...
- DarkSide ransomware’s Iranian hosting raises U.S. sanction concerns
November 15, 2020
Ransomware negotiation firm Coveware has placed the DarkSide operation on an internal restricted list after the threat actors announced plans to host infrastructure in Iran. When the DarkSide ransomware operation encrypts a network, their affiliates steal unencrypted files, which they threaten to release if a ransom is not paid. This double-extortion strategy is always under attack by ...
- New TroubleGrabber Discord malware steals passwords, system info
November 13, 2020
TroubleGrabber, a new credential stealer discovered by Netskope security researchers, spreads via Discord attachments and uses Discord webhooks to deliver stolen information to its operators. Several threat actors use the new info stealer to target gamers on Discord servers and to steal their passwords and other sensitive information. Its capabilities are similar to another malware strain dubbed ...
- Manufacturing is becoming a major target for ransomware attacks
November 13, 2020
Ransomware has become a major threat to the manufacturing industry as cyber-criminal groups increasingly take an interest in targeting the industrial control systems (ICS) that manage operations. According to analysis by cybersecurity researchers at security company Dragos, the number of publicly recorded ransomware attacks against manufacturing has tripled in the last year alone. While a lot of ...
- Spam and phishing in Q3 2020
November 12, 2020
Worming their way in: cybercriminal tricks of the trade These days, many companies distribute marketing newsletters via online platforms. In terms of capabilities, such platforms are quite diverse: they send out advertising and informational messages, harvest statistics (for example, about clicked links in emails), and the like. At the same time, such services attract both spammers, ...