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:
- RansomEXX Trojan attacks Linux systems
November 6, 2020
Kaspersky researchers have recently discovered a new file-encrypting Trojan built as an ELF executable and intended to encrypt data on machines controlled by Linux-based operating systems. After the initial analysis we noticed similarities in the code of the Trojan, the text of the ransom notes and the general approach to extortion, which suggested that we had ...
- US: We’ve just seized $1bn in bitcoin stolen from Silk Road by ‘Individual X’ hacker
November 6, 2020
The US Justice Department says it’s seized $1bn in bitcoin allegedly stolen by a hacker from Silk Road creator Ross Ulbricht before his arrest for running the dark-web market. Announcing the bitcoin seizure from the unnamed hacker, the Department of Justice revealed it is now seeking forfeiture of the illicit funds, which represent its largest haul ...
- Italian beverage vendor Campari knocked offline after ransomware attack
November 5, 2020
Campari Group, the famed Italian beverage vendor behind brands like Campari, Cinzano, and Appleton, has been hit by a ransomware attack and has taken down a large part of its IT network. The attack took place last Sunday, on November 1, and has been linked to the RagnarLocker ransomware gang, according to a copy of the ...
- Brazil’s court system under massive RansomExx ransomware attack
November 5, 2020
Brazil’s Superior Court of Justice was hit by a ransomware attack on Tuesday during judgment sessions that were taking place over video conference. “The Superior Court of Justice (STJ) announces that the court’s information technology network suffered a hacker attack on Tuesday (3), during the afternoon, when the six group classes’ judgment sessions took place,” STJ ...
- US, Brazilian law enforcement seize $24 million in cryptocurrency generated through online fraud
November 5, 2020
US and Brazilian authorities have seized $24 million in cryptocurrency connected to an online scheme that allegedly defrauded “tens of thousands” of investors. Upon request from the government of Brazil, US law enforcement participated in “Operation Egypto,” a Brazilian federal investigation into the suspected scam, the US Department of Justice (DoJ) said on Wednesday. Read more… Source: ZDNet
- QBot phishing lures victims using US election interference emails
November 4, 2020
The Qbot botnet is now spewing U.S. election-themed phishing emails used to infect victims with malicious payloads designed to harvest user data and emails for use in future campaigns. Qbot (aka Qakbot, Pinkslipbot, and Quakbot) is a banking trojan with worm features actively used since at least 2009 to steal financial data and ...