Nobitex Code Released After $100 Million Hack

The Iranian crypto exchange Nobitex has found itself at the center of controversy after hackers stole an estimated $100 million in tokens. In a surprising turn of events, the hacker group Gonjeshke Darande released the full source code of Nobitex. This incident occurred only one day following the exploit across various blockchains including Bitcoin, EVM, and Ripple networks. As tensions rise between Israel and Iran, this hack has significant implications within the crypto community. The release of the source code raises serious security concerns about the integrity of exchanges in this volatile market.

Investors must remain vigilant as this type of incident underscores inherent vulnerabilities in the crypto ecosystem. The aftermath of this hack will likely lead to increased discussions around security measures and the need for exchanges to bolster protection against such breaches. Nobitex’s management faces the challenge of rebuilding trust in their platform amid these revelations. Expect ongoing updates as investigations unfold and the exchange responds to these challenges.