Home Cyber Security $90M Eliminated From Iran’s Largest Cryptocurrency Change in Cyberattack

$90M Eliminated From Iran’s Largest Cryptocurrency Change in Cyberattack



Hackers have reportedly stolen funds from Nobitex, Iran’s largest cryptocurrency alternate. 

Gonjeshke Darande, a hacker group with Israeli ties, has claimed duty for the hack. The stolen funds, which quantity to greater than $90 million, have been transmitted to addresses that contained messages criticizing Iran’s Revolutionary Guard. 

“It is vitally uncommon to see hundreds of thousands of {dollars} price of cryptocurrency burned with the only function of inflicting disruption and making a political assertion,” remarks Lidia López Sanz, Strategic Analysis Lead at Outpost2. “There have been different main assaults on cryptocurrency exchanges, for instance the North Korean state-sponsored group Lazarus
is well-known for such assaults, however these had primarily a monetary acquire motivation. On this case, Gonjeshke Darande seems to have chosen to not steal the funds for revenue, however in an effort to ship a stronger message.”

This theft ranges throughout numerous cryptocurrencies equivalent to Bitcoin, Dogecoin, Ethereum and extra. This hack is an obvious results of the escalating tensions between Israel and Iran



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