Iran-based Nobitex vows user protection despite $100 million attack by Israel-linked hacktivists

The Iranian central bank has enacted a curfew on crypto trading as Nobitex races to stabilize operations.

Iranian crypto exchange Nobitex has confirmed that it lost nearly $100 million in a cyberattack by a politically motivated hacking group.

The breach, which occurred on July 18, has shaken the local crypto community and triggered a government-imposed curfew on crypto trading platforms nationwide.

The attack was claimed by an Israel-linked group calling itself Gonjeshke Darande—translated as “Predatory Sparrow.” The group alleged that Nobitex supported Iran’s military activities and helped users bypass international sanctions.

Early reports estimated the losses at around $48 million. But according to Nobitex’s latest disclosure, the figure is now more than double