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:
- Massive Collection #1 leak exposes 773m unique records online
January 17, 2019
Nearly 2.7 billion records containing up to 800 million unique email addresses and more than 21 million unique passwords have been compromised and published online. The massive data leak, dubbed Collection #1, is made up of individual breaches from “literally thousands of different sources”, according to security researcher Troy Hunt, who announced his findings in a blog ...
- NanoCore Trojan is protected in memory from being killed off
January 16, 2019
The NanoCore Remote Access Trojan (RAT) is being spread through malicious documents and uses an interesting technique to keep its process running and prevent victims from manually killing the system, researchers say. The cybersecurity team from Fortinet recently captured a sample relating to the spread of NanoCore RAT in the form of a malicious Microsoft Word document. Developed in ...
- The Rise of Physical Crime in the Cybercrime Underground
January 14, 2019
While underground forums have long been the purview of digital or internet-enabled crimes, recent developments have shown signs of increasing synergy and interaction between traditional criminals and cybercrime actors. Given the nature of the underground, it shouldn’t be a surprise that even traditional criminals communicate and even sell their wares via these underground forums. Is it ...
- Ryuk Ransomware Partners with TrickBot to Gain Access to Infected Networks
January 12, 2019
Historically, Ryuk has been considered a targeted ransomware that scopes out a target, gained access via Remote Desktop Services or other direct methods, stole credentials, and then targeted high profile data and servers to extort the highest ransom amount possible. Ryuk has been a high profile ransomware due to its wide impact on the networks it infects, high ransom ...
- A Zebrocy Go Downloader
January 11, 2019
Last year at SAS2018 in Cancun, Mexico, “Masha and these Bears” included discussion of a subset of Sofacy activity and malware that we call “Zebrocy”, and predictions for the decline of SPLM/XAgent Sofacy activity coinciding with the acceleration of Zebrocy activity and innovation. Zebrocy was initially introduced as a Sofacy backdoor package in 2015, but the Zebrocy ...
- TA505 Crime Gang Debuts Brand-New ServHelper Backdoor
January 11, 2019
The latest malware from TA505 has been seen targeting banks, retailers and restaurants with two different versions. A new backdoor named ServHelper has been spotted in the wild, acting as both a remote desktop agent as well as a downloader for a RAT called FlawedGrace. According to Proofpoint, the prolific cybercriminal gang known as TA505 developed ServHelper, which has ...