Yes, I heard this news from Cointelegraph notifications from their Telegram channels. Any exploit isn't expected, but this seems to be the result of a recent Iran and Israel war. Every war destroys either real-life things or virtual things. Also, we can see the crypto market crashed a little bit for the current war. Though these exploits don't have much effect on the crypto market, for the exchange users, the amount is big. Don't know how the exchange will recover those losses.

The exploit reminds us again about not storing our cryptocurrency in any exchange. Just exchange and move your coins to your own wallet. Otherwise, you need to be ready to lose your funds, because every exchange won't compensate for your loss. I pray to stop the war and come to a solution. War won't bring any good things; people are losing their lives and won't recover ever.

Exactly. T is a Tron address. D is a Dogecoin address.


And it looks like they burned all of the coins. They didn't even steal them or anything.

I am just hearing about this exchange for the first time, but it is the largest cryptocurrency exchange in Iran and a lot of Iranians use their service, too bad $90m of customers funds were stolen and burned, because from what i read, the funds were sent to burner addresses, so that makes this even more crazy and painful for the victims.

Take note that the same group that took responsibility for this attack were also responsible for the attack on Iran's state-owned bank Sepah earlier in the week, so it is obvious that this group is targeting Iranian services on purpose, which is another angle to the war.

Now we know how weak are the security in unpopular centralized exchanges.

Local exchanges are prone against hack because they haven't been tested and threatened many times just like popular exchanges.

Shame on Israel, they're trying to attack in any aspect even it's illegal, they exploit and attacking financial institutions means they're also attacking the civilians.

And I don't know if there are still people who uses this kind of exchange? I never heard of it before, so again, maybe some of us here are familiar and could have used it at one point and could have been a victim. It's very hard to comment though on the attack, on who is behind it. Maybe there is political motive behind, but we can only pray that it will stop or at least it won't be escalating into a full blow war. In any case, another proof that everyone is vulnerable, not just this low tier exchange. We have seen even high level exchange being attacked as way. So if we could only keep our on crypto in a wallet that we control, then it's a better practice for us.

If you are not an Iranian, then you would probably not know this centralized exchange, but like i have already said, it is the largest cryptocurrency exchange in Iran, so any Iranian in the crypto industry would surely know this exchange. Take note that so many countries and services have sanctioned Iran, so i am sure a lot of Iranians use this service.
Everything is already in this thread, we know who is behind it, it is a hacker group from Israel named "Gonjeshke Darande". The crazy thing is that this hacker group have also threatened to release Nobitex's source code and internal files, so the trouble for customers of this service may be far from ending.

What would these hackers gain for the action of theirs because it's bad to render someone poor in a state of war. This is can kill the victims very slow without been hit by a bullet or bomb since many of the victims might have their life savings kept in the exchange. Some people don't learn from others mistake and prefer to become victims.

I hope that the war will stop soon and let there be peace. When you are at war, the number of your enemies increases. I hope that those newbies using exchanges to keep their funds will learn from this and be in self custody of their funds by using a noncustodial wallet. Not your keys, not your coins.

My thoughts too and also for popular ones. If they are a target of a sophisticated enough hacking group any vulnerability they have will be exploited and you lose your funds. You should not have your coins in a platform you have no custody in and cannot determine the security level.

I will be really surprised if they commence activities and allow users withdraw. The stolen funds are quite large and it will be difficult for the exchange to recover

- Jay -

It is worth knowing that the exchange customers do not suffer any loss and the exchange told its customers that they will continue to operate and that only little amount of money was stolen.

To people that are holding money on an exchange, it is highly wrong.

But about Iranians being the people that are suffering for it, that is how war is. Properties can be destroyed and lives can be lost. Anything bad can happen during war. We should not pray for one.