On-chain tracing discovery: Nobitex compromised, unusual withdrawals worth 48.65 million USD
Exploring the on-chain leak of Nobitex blocks
On June 18, on-chain investigators detected suspicious activities at the Iranian cryptocurrency exchange, Nobitex. Detective ZachXBT reported on illegal withdrawals occurring primarily on the Tron chain. The total estimated damage amounts to 48.65 million USD, marking a large-scale cybersecurity breach, raising concerns within the cryptocurrency community about the security of this exchange.
Suspicious withdrawal activities on the Tron network
Pot withdrawal activities quietly became more apparent as on-chain analysis revealed a large amount of Tokens being moved out of Nobitex's wallet. The large, continuous withdrawals from addresses associated with the exchange raised concerns about potential attacks from hackers or intrusion groups. This event negatively impacted the exchange's reputation as well as investor trust in the cryptocurrency market.
The impact and response of the cryptocurrency community
The swift withdrawal actions by hackers triggered preventive mechanisms and alerts within the community. Analysts believe that the incident highlights the urgency of enhancing security measures for crypto platforms in Iran, while also promoting strategies to protect digital assets.
Lessons learned about security in the cryptocurrency field
The Nobitex incident underscores the importance of implementing multi-layered defense systems, advanced encryption techniques, and multi-factor authentication to prevent intrusions. Users need to be more cautious in protecting their wallets and personal information, while exchange managers must continuously update the latest defensive measures to avoid significant losses in the future.
Source: https://tintucbitcoin.com/nobitex-iran-bi-tan-cong-hacker-lon-manh/
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