The cyberattack on Iranian crypto exchange Nobitex has intensified after hackers Gonjeshke Darande leaked the full source code of the platform. The losses from the hack have reached $100 million.
Details of the Cyberattack on Nobitex
A recent cyberattack on Nobitex, one of Iran's largest crypto exchanges, has resulted in a leak of sensitive information. The hackers from the Gonjeshke Darande group confirmed they gained access to the platform's internal systems.
Source Code Leak and Its Consequences
On Thursday, Gonjeshke Darande published the complete source code of Nobitex on Twitter, claiming that the remaining assets on the exchange are now at risk. The hackers stated, "Time’s up — full source code linked below," and released eight parts of information regarding the exchange's infrastructure and privacy tools.
Response Measures and Impact on the Iranian Crypto Market
In light of the cyberattack and rising losses, Iranian authorities have imposed a curfew on cryptocurrency exchanges, limiting their hours to 10 a.m. to 8 p.m. Nobitex, as a key player in the Iranian crypto economy, faces serious consequences from the breach, which the hackers described as retaliation in the context of the ongoing conflict with Israel.
The consequences of the cyberattack on Nobitex underscore the vulnerability of crypto exchanges and the impact of geopolitics on the market. Given the significant losses and information leak, there is a pressing need to enhance security measures in the crypto industry.
