Iran's Nobitex Exchange Hit by $90M Hack Linked to Israel

1 min read
Source: Cointelegraph
Iran's Nobitex Exchange Hit by $90M Hack Linked to Israel
Photo: Cointelegraph
TL;DR

Iran's central bank has imposed a curfew on domestic crypto exchanges following a $100 million hack of Nobitex by pro-Israel hackers, likely to prevent further attacks and exert control amid high geopolitical tensions. Nobitex, a key player in Iran's crypto ecosystem, lost assets to the attack, which was politically motivated, and has responded by securing its systems and covering losses with its reserve fund.

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