July 1, 2025
Iranian Nobitex Exchange Recover Work After Break at $ 90 million thumbnail
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Iranian Nobitex Exchange Recover Work After Break at $ 90 million

The Iranian cryptocurrency began to gradually return the functionality after June break, which lost about $ 90 million Follow- Up on Nobitex Security Incident, Step-By-Stop Wallet Access Has Begun, 29 June 2025 Out Gradualally, Starting with Verified USERS and INITIALLY FOR SPOT WALLETS, Followed BY Other Types of Wallets. […]”, – WRITE: Businessua.com.ua

Iranian Nobitex Exchange Restores Work After Break at $ 90 million - Infbusiness

The Iranian cryptocurrency of Nobitex began to gradually return the functionality after the June breaking, which resulted in the loss of about $ 90 million.

Follow- up on nobitex Security Incident, Step-by-Step Wallet Access Has Begun, 29 June 2025

Please Note:

1. This Process Is Being Carred Out Gradually, Starting with Verified USERS and INITIALLY FOR SPOT WALLETS, Followed BY Other Types of Wallets.

2. The Identity…

– Nobitex | نوبیتکس (@nobitexMarket) June 29, 2025

According to the company, the exchange is currently opened only for verified users. Introduction, withdrawal and trade operations are currently unavailable. Nobitx plans to resume withdrawal on June 30, but the schedule can be changed depending on the circumstances.

After the attack of the hacker, Gonjeshke Darande destroyed the stolen funds and released part of the exit code of the exchange. TRM Labs analysts have suggested that the Israeli special services could use stolen information to identify Iranian agents who received payment in cryptocurrency.

Nobitex also reported migration of users’ wallets. All deposits to old addresses will be considered invalid.

According to Chainalysis, Nobitex is leading in the Iran’s market with more than $ 11 billion tributaries – more than ten subsequent exchanges combined. Analysts associate a platform with a number of illegal actors, in particular affiliated with the Highway Revolution Corps by operators of the warriors, as well as with the sanctioned Russian exchanges.

Amir Rad’s CEO stated that the break was supported by the Israeli government. He stressed that Nobitex is a private structure and has nothing to do with Iran’s government or military institutions.

Recall that on June 30, the ResUuply Protocol Team introduced a restoration plan after the incident, which was lost about $ 10 million. The main step would be the burning of 6 million Reusd stiblcoins for partial coverage.

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