Iranian crypto exchange Nobitex reportedly exploited for $73M: ZachXBT

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The Iranian crypto exchange’s wallets were exploited for astatine slightest $73 cardinal arsenic attackers utilized vanity addresses for the theft.

Iran-based cryptocurrency speech Nobitex appears to person been exploited for implicit $73 cardinal of integer assets, according to onchain researcher ZachXBT.

The attack, disclosed successful a June 18 Telegram post, allegedly drained astatine slightest $73 cardinal successful assets crossed the Tron web and Ethereum Virtual Machine (EVM)-compatible blockchains, though lone a information is confirmed lost.

ZachXBT spotted attackers utilizing a “vanity address” to exploit the protocol, which resulted successful “suspicious outflows” from aggregate Nobitex-linked wallets.

A vanity code refers to a nationalist wallet code with a specific, user-defined series of characters. The archetypal $49 cardinal was stolen done the code “TKFuckiRGCTerroristsNoBiTEXy2r7mNX.” The 2nd code utilized was “0xffFFfFFffFFffFfFffFFfFfFfFFFFfFfFFFFDead,” according to Tronscan.

The breach adds to a increasing database of crypto manufacture hacks successful 2025. More than $2.1 cardinal successful integer assets person been stolen truthful acold this year, according to blockchain information steadfast CertiK.

Hackers person besides switched from exploiting blockchain infrastructure to profiting from weaknesses successful quality behavior, according to Ronghui Gu, the co-founder of CertiK.

“The bulk of this $2.1 cardinal was caused by wallet compromises, cardinal mismanagement and operational issues,” Gu told Cointelegraph during the Chain Reaction regular X spaces show connected June 2.

Social engineering schemes similar address poisoning don’t necessitate immoderate hacking. Instead, attackers instrumentality victims into sending assets to fraudulent wallet addresses.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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