Nobitex Crypto Exchange resumes services after hack, requiring ID verification for access to wallets.

From Cointelegraph

June 30, 2025 02:37 AM:

Iranian crypto exchange Nobitex is restoring services after pro-Israel hacker group Gonjeshke Darande attacked it. Users must complete identity verification to access wallets, with spot exchange users getting priority. Users are warned not to deposit crypto into old wallets to avoid losing funds due to system migration. Withdrawal services will start on June 30, with trading and depositing activities rolling out gradually. The exchange was hacked for $100 million on June 18, seen as a political statement amid Iran-Israel tensions. The hacker group burned $90 million worth of assets and released the exchange’s source code, citing ties to the Iranian government. Chainalysis report shows Nobitex’s importance to Iran’s crypto infrastructure, with inflows of $11 billion. Iranian authorities restrict domestic exchanges after the hack, allowing operational activities only between 10 am and 8 pm. State-sponsored hacks are rising in 2025, with North Korean hackers accounting for significant losses. North Korean state-sponsored hackers are using AI tools like ChatGPT to steal cryptocurrency, according to South Korean officials.

Read more at Cointelegraph: Nobitex Crypto Exchange Resumes Some Withdrawals