Pro-Israel hackers steal $90 million from Iranian exchange

A pro-Israel hacking group has stolen over $90 million from Iran’s largest crypto exchange.

Pro-Israel hackers drain $90 million from Iranian exchange

On Wednesday, a pro-Israel hacking group reportedly drained over $90 million from Nobitex, Iran's largest cryptocurrency exchange. The stolen assets, including Bitcoin and Ethereum, were directed to wallets that the hackers cannot access, rendering the funds essentially lost. This high-profile cyberattack appears not only to target Iranian financial resources but also serves as a political message against the Islamic Revolutionary Guard Corps, which is linked to the exchange. Amid escalating tensions between Iran and Israel, the hacker group, known as Predatory Sparrow, took responsibility for the attack and hinted at further actions against Iranian financial institutions.

This audacious cyber operation underscores the rising trend of technology being used as a weapon in geopolitical conflicts. By targeting Nobitex, the hackers not only caused a significant financial loss but also aimed to undermine confidence in Iran's digital economy. The involvement of a recognized militant group adds a layer of complexity, revealing how hacking has become integral to modern warfare. As nations grapple with these threats, the potential for political ramifications grows, especially with U.S. interests at stake in the ongoing Israel-Iran conflict.

Highlights

As cyber warfare evolves, its impact on global relations will likely deepen.