Hack

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When the crypto market takes a downturn, some people might attribute it to various factors, including external forces beyond our control. One claim that often surfaces is that "God is annoyed." While beliefs and spirituality are personal and valid, let's take a closer look at this idea.

The Market Moves on Its Own
The crypto market operates based on supply and demand, driven by human actions, market sentiment, and economic principles. Prices rise and fall due to factors like:
- Market Sentiment: How investors feel about the market can greatly influence price movements.
- Economic Indicators: Factors like inflation, interest rates, and global economic health play a role.
- Technological Developments: Advances in blockchain technology and adoption rates can impact prices.
- Regulatory News: Government policies and regulations can cause significant market shifts.
The Role of Human Decision-Making
The crypto market is shaped by the collective actions of millions of individuals making decisions based on their own research, risk tolerance, and investment strategies. It's a system driven by human behavior, not divine intervention.
A Rational Perspective
When the market experiences volatility, it's essential to rely on data and logical analysis rather than attributing market movements to supernatural forces. By understanding the real factors at play, investors can make more informed decisions.
In summary, the crypto market is a complex system influenced by human actions and economic principles. While personal beliefs are important, it's crucial to separate them from market analysis. By focusing on the factors that truly drive the market, investors can navigate the ups and downs with greater clarity and confidence.
Stay ahead of the game and protect your digital assets from SCAMMERS & HACKERS. Remember, God doesn't give a fvck about your crypto portfolio – it's up to you to stay informed and secure.

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#Hack
The conflict between Israel and Iran is becoming increasingly bloody and could soon involve other nations, such as the USA.
The White House spokeswoman said today that the United States could intervene in 14 days if Iran continues to attack the Jewish state.
Meanwhile, the Middle Eastern conflict is becoming increasingly hi-tech. After the explosive drones, all eyes are on the new ballistic missiles coming from Iran, increasingly precise and dangerous, despite the formidable Israeli anti-missile shield.
The latest frontier of this absurd war, but then again all wars are, are the cyber attacks that in these hours have hit Iran and, in particular, its most important exchange: Nobitex.
Yesterday we brought you the news of the 90 million hack , today we focus on the architects of this unprecedented cyber “heist”: the Gonjeshke Darande, also known as the Predatory Sparrow.
Who is Gonjeshke Darande?
Gonjeshke Darande is a Farsi name meaning Predatory Sparrows, and is the nom de guerre of a hacker group known for its high-profile and almost always politically motivated actions. It is believed to be linked to Israeli intelligence, although Israel has not confirmed any association.
“Gonjeshke Darande” (گنجشک درنده) is a Persian (Farsi) expression that can be translated into English as:
“Fierce Sparrow”
(where gonjeshk = sparrow, darande = predator / ferocious / devourer)
The group is known for designing cyberattacks to target Iranian infrastructure such as gas stations, the steel industry, and the government system. These are usually targeted attacks that do not involve civilians.
The group is very active on social media, with nearly 10,000 followers on X where they alert users to their activities, and the group's actions.
On June 18, they targeted Iran’s largest cryptocurrency exchange, Nobitex , and managed to steal more than $90 million. Previously, in May, they had attacked Iran’s largest state-owned banks.
Why did Gonjeshke Darande hack Nobitex Exchange?
According to the group’s official post on X: “The Nobitex exchange is at the center of the Iranian regime’s efforts to finance terrorism around the world.” Hackers claim it doesn’t even pretend to comply with sanctions.

For this reason they hacked the exchange and “burned” all the stolen BTC and ETH, just to highlight that the intent is political and not economic.
The latest update on the Nobitex hack via X also brings with it the public release of the exchange's source code and other sensitive information.

Experts believe that this could be just the beginning and that further cyber attacks could hit Iran's cryptographic infrastructure in the coming days.

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🚨 Hackers burn $90 million after hacking Iran's largest crypto exchange! Nobitex exchange has just been hacked, losing more than $90 million.
💥 Hacker group Predatory Sparrow (suspected to be linked to Israel) claimed responsibility and burned the money - transferring it to an inaccessible wallet.
🔥 This is not just a hack, but a political attack, amid escalating Israel-Iran tensions.

$ETH

The cross-chain bridge of Orbit Chain was compromised by an exploit, which led to the loss of Tether, DAI, USDC, wBTC, and ETH with a combined value of around $81.4 million.
The vulnerability was exploited by the exploiter, who then transferred funds to a new wallet.
A weakness in the bridge or a hack in the centralized server was discovered as the primary reason by the blockchain security company SlowMist which was responsible for the investigation.
It has been revealed that a hack occurred on Orbit Bridge, which is a protocol for interchain communication that is utilized for asset conversion. A total of around $81.4 million worth of cryptocurrency were stolen from the system.
The Orbit Bridge was struck by a number of significant discharges.
An vulnerability that was worth $81.4 million was apparently used by hackers to ring in the New Year with Orbit Bridge. A number of significant outflows were discovered by the blockchain security company SlowMist and the on-chain intelligence service LookOnChain. These outflows were encountered via the cross-chain protocol.
According to the latter, the Orbit Bridge was responsible for the transfer of 30 million Tether (USDT), 10 million DAI, 10 million USDCoin (USDC), 231 wBTC (worth over $10 million), and 9,500 ETH (worth around $21.5 million) in five distinct transactions.

After doing a preliminary examination from the outside, SlowMist came to the conclusion that either the centralized server has been compromised or there is a potential vulnerability in the Orbit Chain bridge. A further in-depth investigation is currently being carried out by the company in order to obtain additional information on the attack.
The hacking of Orbit Chain has been confirmed.
Orbit Chain reported the hack on its protocol in a tweet that was published not too long ago on X. The tweet described the breach as a "unidentified access" to the bridge. A comprehensive investigation into the underlying cause of the assault is currently being carried out by the company, which has said that it is actively collaborating with law enforcement authorities in order to identify the perpetrator of the incident.
#hack #OrbitChain