The post Israeli-Linked Hackers Allegedly Wipe Out Iran’s Nobitex Exchange appeared on BitcoinEthereumNews.com.

Iran’s Nobitex Exchange Suffers Devastating Hack In a shocking escalation of cyberwarfare with geopolitical implications, Iranian crypto exchange Nobitex has reportedly been hacked for $48.65 million, with wallet balances plunging from $1.8 billion to under $100 million. The hack is allegedly the work of “Predatory Sparrow,” an Israeli-linked cyber group known for past attacks on Iranian infrastructure. Early reports claim the group targeted wallets used by the Iranian regime to evade U.S. sanctions via crypto channels, making this not just a financial blow—but a strategic strike. TRON Wallet Involved in the Attack Blockchain data reveals that the stolen funds were moved to a TRON wallet bearing the mocking address:TKFuckiRGCTerroristsNoBiTEXy2r7mNX This pointed wallet name adds further weight to claims that this was a politically motivated cyberattack, not just another crypto heist. What Is Nobitex and Why Does It Matter? Nobitex is Iran’s largest and most widely used crypto exchange, and according to reports, it played a central role in helping Tehran acquire foreign currencies and bypass sanctions through Bitcoin and other cryptocurrencies. By draining nearly 95% of Nobitex’s reserves, the attackers may have crippled a critical financial lifeline used by the regime. Iran-Israel War: Geopolitical Implications This comes at a time of rising tensions in the Middle East, as Israel and Iran engage in both direct and proxy conflicts across the region. The digital front is now playing an increasingly central role. If confirmed, this would mark one of the most high-profile nation-state cyberattacks involving crypto assets to date. What Comes Next? Iran has not officially confirmed the breach, and Nobitex remains silent across its channels. However, analysts expect swift retaliation, whether in cyberspace or beyond. The incident may also draw global attention to the use of crypto exchanges in sanctioned nations, raising new questions around regulatory compliance, wallet tracking, and…

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Filed under: News - @ June 18, 2025 11:25 am