Iran largest cryptocurrency exchange, Nobitex has witnessed hackers exploitation leading to the loss of millions of dollars. In a statement released on its official X page, the exchange confirmed the development, adding that investigation has commenced. 

In the statement, Nobitex revealed that it first detected the unauthorized access to part of its infrastructure in the early hours of today. The exchange also confirmed that the interference affected its internal communication system and a portion of its hot wallet. 

Going further, Nobitex added that upon detecting the unauthorized access, affected systems were isolated. The exchange’s internal incident response teams also swung into action initiating a comprehensive investigation in accordance with the regulatory standards.

The exchange however revealed  that users’ funds are safe in the cold wallet, which were not impacted. Nobitex added that only a portion of its hot wallet, used for day-to-day liquidity was affected by the breach.

Furthermore, Nobitex has taken full responsibility for the incident, assuring users that they will not suffer financial loss. It also added that all losses will be covered by its insurance fund and internal reserve.

As part of its precautionary measures to enhance security, the exchange temporarily suspended access to both its website and mobile app.  In addition, Nobitex is also committed to conducting a comprehensive security audit and reinforcing all its systems.

Gonjeshke Darande claims responsibility for Nobitex attack

Meanwhile, a hacking group linked to Israel has claimed to have carried out the attack on the exchange. The group identified as Gonjeshke Darande or Predatory sparrow in a post on their X page declared that Nobitex’s source code and internal information will be released from their internal network within 24 hours. It also added that any asset left in the exchange after 24 hours would be at risk.

The group added that the attack was as a result of Nobitex role in financing terrorism and violation of sanctions. Gonjeshke Darande added that Nobitex “doesn’t pretend” to abide by sanctions, stating that it publicly instructs users on how to use its infrastructure to bypass sanctions.

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