- Nobitex is starting to restore portfolio access after a loss of $ 90 million, starting with verified users and wallets.
- The exchange warns users not to deposit in old wallets, because the funds sent could be lost forever.
- Pirates used malware to steal employee identification information, leading to the leak of valuable internal data and $ 100 million in crypto.
Nobitex, Iran’s largest cryptocurrency market, began to reopen the wallets after a exploit It started in the spring. The loss suffered as a result of the attack exceeded $ 90 million. Yesterday, an update on the recovery process was issued by the exchange. They started to open portfolios to verified users and will resume other types of wallets as the verification progresses.
Users are encouraged to wait for them to receive confirmation has granted them to access their wallets. The sales must be sequentially entered as the security checks have entered. NOBITEX provides that the recovery process will be completed at the start of the week, however, warned that the process may undergo a change of calendar as a direct technical or safety problems.
Nobitex moves to new wallets after an attack of $ 90 million
The pirates said that the attack was made by the Gonjeshke Darande, also known as the predator Sparrow, which took place on June 18. The probes have shown that digital portfolios had been hot and that $ 90 to $ 100 million in digital assets had been stolen. The stolen amount consisted of Bitcoin, Ethereum and Dogecoin.
Read also: Bresse Nobitex: Iran limits crypto exchange hours after $ 100 million hacking
Nobitex will be used to use a new portfolio system to avoid other violations. Wallet users are warned not to use their old wallet addresses, as they would be permanently lost while trying to deposit funds there. The exchange also underlined the need to serve the old deposit addresses to avoid sending money to nonexistent addresses.
The feat was achieved using stolen connections from company employees, which have been secured by malware. This allowed them to access internal exchange systems and control valuable information. The hack revealed the source code and the data stored in the servers, which were then published online.
Nobitex accelerates safety when restoring services
Nobitex has established itself as a first operational outlet on the Iranian cryptocurrency market and has executed more than $ 11 billion in transactions. But in the past, the exchange has been examined. The analysis chain linked exchanges to ransomware groups and to the Iranian Islamic Revolutionary Guard (IRGC) and sanctioned Russian organizations.
Nobitex is currently recovering and wins the confidence of users when he continues to stabilize his operations despite hacking. Although access to the wallet is gradually restored, trading services are temporarily closed. This deliberate exchange on the restoration of deposits, withdrawal and negotiation activities of authenticated participants, with minimal delay.
The complete operation of the platform will soon be restored. However, the exchange warned that the calendar could be modified according to the security controls and the technical examination. The company works hard to ensure the safety of user funds.
Following the violation, Nobitex makes an additional effort to ensure additional security. These efforts include migration to a new portfolio system. Trading aims to guarantee that no one hacks it again and again gains confidence in its services. With the subsequent development of the recovery, the aim of exchange is to improve its security measures and to protect its customers against possible threats in the future.
Read also: Crypto Exchange Nobitex hacked $ 48 million in the middle of the Irano-Israeli cyber war
