The war between Israel and Iran has reached a stalemate, and Iranian television even forecasts a surprise tonight that will be remembered by the world for centuries. Recently, Iran's Sepah Bank encountered a cyber attack, leading to the disruption of online services and data destruction. The Iranian centralized cryptocurrency exchange Nobitex was also hacked for over 81.5 million USD.

The Israeli hacker organization Gonjeshke Darande came forward to admit responsibility for these two attacks. It also raises questions about how much cryptocurrency can hedge against the information war crisis faced by Taiwan.

Israeli hacker Gonjeshke Darande cripples the Iranian banking system.

(Israel Times) reported that Sepah Bank, Iran's first bank, suffered a cyber attack on Tuesday, leading to the disruption of its online services and the destruction of data. Iran's semi-official Fars News Agency pointed out that some gas stations relying on the Sepah system for transactions are experiencing issues.

Although a spokesperson for the Central Bank of Iran told the state-run Iranian News Agency (IRNA) that all banking operations were running smoothly, opposition media (Iran International) reported that several branches of Sepah Bank closed on Tuesday, and customers were unable to log into their accounts.

The Israeli hacker organization Gonjeshke Darande (meaning: predatory sparrow) admitted to launching this cyber attack, stating on Twitter: 'Sepah Bank is an institution that evades international sanctions. It uses the money of the Iranian people to fund terrorist proxies, ballistic missile programs, and military nuclear programs.' The statement also said: 'Thanks to the brave Iranians who helped make this operation possible.'

Reports indicate that due to long-term Western sanctions, Iran struggles to obtain the latest hardware and software, relying on electronic products made in China or outdated systems no longer receiving patches from original manufacturers, making Iran a prime target for hackers.

Iranian exchange hacked for over 81.5 million USD.

On the afternoon of the 18th Taiwan time, the Iranian centralized exchange Nobitex admitted to being hacked. The statement indicated that the technical team detected unauthorized transactions in some hot wallets, but only affected a portion of the hot wallet assets. Nobitex takes full responsibility for this incident and assures users that all losses will be compensated. The website and application will temporarily be unavailable until a complete audit is completed.

On-chain detective ZachXBT also stated on his personal channel that the amount stolen from Nobitex reached 81.7 million USD, with hackers holding assets on multi-chains of Tron and EVM systems.

Gonjeshke Darande also came forward to admit responsibility for the attack, stating that Nobitex exchange is at the core of the Iranian regime's funding of global terrorist activities, using centralized exchanges to evade international sanctions.

Nobitex does not even pretend, clearly admitting on its website the fact that it is evading international sanctions. Given the Iranian regime's heavy reliance on it, working at Nobitex is even seen as an alternative to military service in Iran. The organization threatened to release Nobitex's source code and internal information within 24 hours.

Further reading:
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  • This article is authorized from: (Chain News)

  • Original title: (Iranian banking system and cryptocurrency exchange completely paralyzed! If the Taiwan Strait encounters an information war, can holding Bitcoin be a hedge?)

  • Original author: Neo

'Iranian banks completely paralyzed, cryptocurrency exchanges hacked! If the Taiwan Strait encounters an information war, can Bitcoin be a hedge?' This article was first published in 'Crypto City'.