Key Highlights:
  • Iranian exchange Nobitex was exploited for over $80 million across Tron and EVM-compatible chains.
  • ZachXBT linked the funds to suspicious outflows; a hacker group claimed responsibility.
  • Attack may have political motives connected to Iran-Israel tensions.

Massive Exploit Discovered by ZachXBT

Crypto sleuth ZachXBT uncovered suspicious transactions indicating that Iranian crypto exchange Nobitex was hacked. The outflows, initially reported at $48.65 million, were later updated to over $81 million across multiple chains.

Unauthorized Access to Hot Wallets

Nobitex confirmed unauthorized access to its hot wallets and stated that all affected users would be reimbursed using its insurance fund and company reserves.

Hack’s Political Undertones

The attacker used a vanity Tron address that appeared to reference Iran’s Islamic Revolutionary Guard Corps (IRGC). The pro-Israel hacker group Gonjeshke Darande later claimed responsibility, citing Nobitex’s alleged role in terrorism financing.

Broader Conflict Context

The incident follows rising tensions between Iran and Israel, with recent missile strikes and cyberattacks contributing to the strained relations. The use of a politically charged address and the attacker’s statement have led to speculation that this hack was motivated by geopolitical conflict.
Read the full article on theblock.