Hackers Burn $90M in Bitcoin, ETH, and DOGE in Largest Iran-Linked Crypto Heist Yet

The growing tension between Israel and Iran took a new direction with a new crypto news update reporting hacker groups linked to Israel destroying over $90M stolen from Nobitex . Nobitex has grown to become Iran’s largest crypto exchange, and this attack comes as a way to strike against Iran’s financial infrastructure. There is a lot to unpack from this attack that has grown to become one of the biggest politically motivated crypto-hacks. However, the market has begun to react to BTC, Doge and ETH as the main assets in the attack, drawing attention to assets like Remittix . What to Understand From the $90M Hack Crypto News? Since the early hours of June 13, Israel and Iran have been at an escalation, which many news reports suggest could spark a significant global crisis. However, while the two sides have continued exchanging missiles, the crypto news of the $90M hack on Nobitex, by the pro-Israel hack group Predatory Sparrow, has put a new look on the crisis. While there is no actual crypto news linking the crypto attack to the Israeli government, the message attached to the transactions included words like “F*ckIRGCterrorists”. From the crypto news gathered, the attack started by draining the Nobitex hot wallet, from which the stolen assets were moved to multiple vanity addresses . To complete the attack, the hackers ensured the vanity addresses are computationally impossible to access, effectively burning off the $90M permanently. Why This Crypto News Continues To Raise Concern One point that has stood out in the crypto news is the attention it brings to how hackers are gradually opening up access to crypto, a tool for state weaponization. Also, the burned Bitcoin, Ethereum and Doge now enter the book as a hack beyond the regular hack for profit, with the destructive action. This crypto news also raises interest in how crypto exchange security is approached, with concern now on investors. How Remittix Helps Safeguard Users’ Crypto Through Dual Use For the last few months, the crypto community’s attention has continued to drive towards a new blockchain project that allows users to send crypto to be delivered in FIAT. The crypto project powering this innovation is the Remittix exchange , which creates the platform to facilitate the smooth crypto exchange to fiat that users can send instantly to a bank account. This innovation is gradually becoming the top spotlight in this era of growing crypto adoption. As hack activities continue to grow stronger in the age of cyber warfare, the ability to instantly get your crypto in FIAT could be worth a million dollars. However, this also presents an investment opportunity as users continue to choose innovative solutions of the Remittix exchange, driving prices higher. This could be an opportunity for investors to take the next step with Remittix, as it shows a high potential for strong growth. Here are the links to help you get started with Remittix. Website: https://remittix.io/ Socials: https://linktr.ee/remittix The post Hackers Burn $90M in Bitcoin, ETH, and DOGE in Largest Iran-Linked Crypto Heist Yet appeared first on TheCoinrise.com .

Source: The Coin Rise