Nobitex hackers leak full source code after $100m crypto heist

2025/06/19 22:08

The cyberattack on Iranian crypto exchange Nobitex has gone from bad to worse, as hackers deliver yet another major blow.

Gonjeshke Darande, the hacker group behind the breach on the Nobitex exchange, took to Twitter on Thursday to leak what they claim is the exchange’s full source code.

“Time’s up — full source code linked below. ASSETS LEFT IN NOBITEX ARE NOW ENTIRELY OUT IN THE OPEN,” the hackers wrote. In the following eight-part thread, the group leaked sensitive information about the exchange’s infrastructure, including server layouts, privacy tools, deployment systems, and more.

The move, which further jeopardizes what’s left of user assets, comes as the exchange continues to reel from the recent breach of its hot wallets, with total losses now reaching $100 million in assorted crypto assets.

Prior to leaking the security details, the group, also known by the pseudonym “Predatory Sparrow,” claimed it had burned up to $90 million of the stolen funds across multiple chains. According to the hackers, they used “vanity addresses” that lack recoverable private keys, rendering the assets permanently inaccessible.

Nobitex acknowledged earlier the same day that its internal investigation revealed the scope and impact of the attack to be more complex than initially estimated. The exchange also noted that its response efforts have been limited due to broader national tensions stemming from the ongoing Israel–Iran conflict.

Widely regarded as a central pillar of Iran’s crypto economy, Nobitex was explicitly targeted by the group as part of what it described as retaliation for the conflict. Gonjeshke Darande has, on several occasions, referred to the exchange as the country’s “favorite sanctions violations tool.”

In response to the crisis, Iran has imposed a curfew on domestic cryptocurrency exchanges, restricting their operating hours between 10 a.m. and 8 p.m.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Billionaire Michael Saylor Buys 155 More Bitcoin – Here’s Why it Matters

Billionaire Michael Saylor Buys 155 More Bitcoin – Here’s Why it Matters

S trategy (formerly MicroStrategy) , led by executive chairman and co-founder Michael Saylo r, has once again expanded its already massive Bitcoin holdings. In a fili ng dated August 11, 2025, the company revealed it had purchased an additional 155 BTC between August 4 and August 10, 2025. The acquisition cost approximately $18 million, with an average purchase price of about $116,401 per Bitcoin. Strategy has acquired 155 BTC for ~$18.0 million at ~$116,401 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 8/10/2025, we hodl 628,946 $BTC acquired for ~$46.09 billion at ~$73,288 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/bx0814RI1w — Michael Saylor (@saylor) August 11, 2025 This latest acquisition shows the company’s continued conviction in Bitcoin as a long-term store of value, even at elevated market prices. Strategy has been one of the most aggressive corporate buyers of Bitcoin since it began its accumulation strategy in 2020. A Record-Breaking Bitcoin Balance Sheet Following this latest purchase, Strategy’s total Bitcoin holdings now stand at 628,946 BTC. The company’s cumulative investment in Bitcoin amounts to roughly $46.10 billion, translating to an average purchase price of $73,288 per bitcoin. These figures cement Strategy’s position as the largest publicly traded corporate holder of Bitcoin by a wide margin. The company’s Bitcoin yield for the year-to-date in 2025 is an impressive 25%, reflecting strong gains in the asset’s market value this year. Why This Acquisition Stands Out The timing of this acquisition stands out, as Bitcoin prices have surged in 2025, driven by institutional adoption, increased integration into traditional financial markets, and macroeconomic factors such as persistent inflation and currency debasement fears. Buying at over $116,000 per Bitcoin shows Strategy’s confidence in further upside potential. Saylor has repeatedly stated that Bitcoin represents “digital gold” and a superior form of money. His strategy has been to convert a large portion of Strategy’s balance sheet into Bitcoin, financing some purchases through debt and equity offerings. This latest move suggests that Saylor sees continued strength in the market, despite already substantial gains this year. Market Implications and Investor Reactions Strategy’s Bitcoin accumulation has made its stock a proxy for Bitcoin exposure among traditional equity investors. Following previous purchase announcements, MSTR shares have often mirrored Bitcoin’s price movements, rising as sentiment around the cryptocurrency improves. Investors and analysts will be watching closely to see how this additional purchase affects both the company’s market valuation and its future financial results. With over $46 billion in Bitcoin on its books, Strategy’s fortunes are increasingly tied to the performance of the world’s largest cryptocurrency.
Share
CryptoNews2025/08/11 22:51