Nobitex Bounces Back: Wallet Access Restored After $90M Heist!

Phased Recovery Kicks Off for Verified Users

Hang onto your hats, crypto fans! Iran's biggest crypto playground, Nobitex, is fighting back after a jaw-dropping $90 million exploit rocked their world. They're now rolling out wallet access again, starting with the verified crew. The comeback began on June 29, and they're tackling it step by step. First up, spot wallets are back in action, with other types coming soon after everyone's identity gets the green light.

Listen up, folks! Nobitex is telling users to chill and wait for the go-ahead before diving into their balances. They're rolling out the numbers slowly as they crank through those security checks.

Follow-up on Nobitex Security Incident, Step-by-step wallet access has begun, 29 June 2025

Please note:

1. This process is being carried out gradually, starting with verified users and initially for spot wallets, followed by other types of wallets.

2. The identity…

"Once we've double-checked and locked down all the info, Nobitex will start showing wallet balances bit by bit," the exchange announced. They're shooting to wrap things up by mid-week, but hey, tech and security can throw curveballs, so stay tuned!

Hackers Strike: Gonjeshke Darande Claims Responsibility

Remember that wild hack on June 18? Yep, that was Gonjeshke Darande, aka Predatory Sparrow, a pro-Israel crew. They hit Nobitex hard, swiping $90-100 million in digital loot from hot wallets on Ethereum and Tron. We're talking Bitcoin, ETH, and even Dogecoin flying out the door!

Nobitex isn't messing around in the aftermath. They're jumping ship to a fresh wallet system and warning everyone: don't send cash to the old addresses, or it's gone for good!

"Got an old deposit address linked to your mining rig or saved in a blockchain service? Delete it, pronto!" the update shouted, underlining the danger of sending funds to dead-end wallets.

How'd the hackers pull it off? They snagged employee credentials with some sneaky infostealer malware, cracking open parts of Nobitex's internal systems. Source code, server data—you name it, it was exposed and later dumped online.

Nobitex: The Go-To Spot in Iran, With a Shady Past

Nobitex isn't just any exchange; it's the big dog in Iran, handling over $11 billion in inflows. But it's not all sunshine and roses. Chainalysis once pointed the finger at Nobitex for being mixed up with ransomware gangs tied to Iran's Islamic Revolutionary Guard Corps and some sanctioned Russian groups.

With wallet access creeping back and trading still on ice, Nobitex is hustling to get things back to normal and win back trust. "We're racing to get withdrawals, deposits, and trading up and running for verified users ASAP," they declared.

They're aiming to get the full platform back in action in the coming days, but keep your eyes peeled—Nobitex says the timeline might shift as they keep checking the systems.