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Over $70M Burned in Cyber Warfare on Iranian Crypto Exchange
Manage episode 490087347 series 3312721
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On July 18th, over $70 million in crypto was burned in a major cyberattack on Iran’s largest exchange, Nobitex. The hacker group Predatory Sparrow claimed responsibility. In this video, Ziya and I break down the scale of the attack, discuss possible ties to Israeli intelligence, and explore whether any of the stolen funds can be recovered.---00:00 – Intro 00:47 – Nobitex Hack: What Happened & How Much Was Lost 04:59 – Can the Funds Be Recovered? 07:50 – Was This a State-Sponsored Cyberattack? 13:16 – Is Recovery Really Possible? 19:13 – Unprecedented Cases of Burning Funds22:52 – How Stable Is Tether’s Peg? 26:00 – Social Engineering: The Silent Threat in Cybersecurity 35:09 – Why Digital Security Awareness Matters More Than Ever ---🟩 To help spread knowledge and information, you're free to reuse the content on this page—no permission needed. 🟩---Follow Ziya on X: https://x.com/Ziya_SadrZiya's website: https://hexforensic.com/---Follow Momo:https://linktr.ee/mktahmasbi
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