Nobitex begins restoring services for verified users following a significant hack, emphasizing the importance of using updated wallet addresses to avoid fund loss.
Nobitex, Iran's largest cryptocurrency exchange, has initiated the restoration of wallet access for verified users after a cyberattack that resulted in over $90 million in losses. The phased recovery starts with spot wallets, and users are advised against depositing funds to old wallet addresses to prevent permanent loss. The breach, executed by the pro-Israel hacker group Gonjeshke Darande, has raised security concerns regarding Iran's financial infrastructure and led to operational restrictions on domestic exchanges.