Why the Nobitex Hack Signals a New Era of Crypto-Fueled Cyberwar
The June 18 breach of Iran’s leading crypto exchange, Nobitex, has marked a sharp turn in the ongoing conflict in the Middle East
Pro-Israel hackers reportedly siphoned off or destroyed over $90 million worth of cryptocurrency in a politically driven cyberattack. This isn’t typical cybercrime, instead it’s state-aligned sabotage, executed amid the fragile Israel–Iran ceasefire.
Predatory Sparrow: Hackers Turn Political Actor
The group behind the intrusion, known as Gonjeshke Darande (“Predatory Sparrow”), is widely thought to be linked with Israeli intelligence. Historically, their targets have included bank ATMs, fuel infrastructure, and steel mills. A day before the attack on the crypto exchange, Predatory Sparrow also…
