Nobitex Hack

TOTAL LOST $82.0M
High #90 All-Time Hot wallet hack / Access Control arbitrum avalanche bitcoin bsc ethereum polygon tron

Summarize with AI

Affected Chain arbitrum 7 chains affected
Recovered - No recovery reported
All-Time Rank #90 By amount stolen
Protocol Type Exploit/Access control Target category

Incident Overview

On June 18, 2025, Iranian crypto exchange Nobitex was hacked for over $82 million. The attack was claimed by the from-Israel hacktivist group Gonjeshke Darande, who also threatened to leak the platform’s internal source code and data.

The Nobitex exploit appears to stem from a critical failure in access controls, allowing attackers to infiltrate internal systems and drain hot wallets across multiple blockchains. The stolen funds span $49.3M on the Tron network, $24.3M on EVM-compatible chains, $2M on the BTC network, $6.7M on DOGE, and an unspecified amount on TON. The attackers used provocative vanity addresses on each chain, such as “TKFuckiRGCTerroristsNoBiTEX...” on Tron and “0xffFFfFFf…FFDead” on Ethereum.

A group calling itself Gonjeshke Darande has claimed responsibility and is threatening to leak internal data and source code. Nobitex confirmed unauthorized access to internal communication systems and portions of hot wallet infrastructure. So far, no swaps or movement of the stolen funds has been observed.

Incident Report

Protocol / Project Nobitex
Date of Incident
Affected Chain(s) arbitrum avalanche bitcoin bsc ethereum polygon tron
Attack Technique Hot wallet hack / Access Control
Classification Infrastructure / CeFi
Primary Source View Post-Mortem

Protocol Information

Protocol Type Exploit/Access control
Official Website canto.io
Protocol Twitter/X @nobitexmarket
Team Anonymous
Source Code Unverified

Market Context at Time of Hack

Token Categories
Canto Ecosystem

What the Attacker Needed to Succeed

Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.

Technical Knowledge Operational-security tradecraft (phishing, malware, leaked seed phrases, or insider access) to obtain treasury signing authority
Capital Required Minimal capital - only enough to cover gas while draining the compromised accounts
On-Chain Access Valid signing authority over the compromised wallets / multisig signers, allowing direct transfer of funds or stake authorization
Target Reconnaissance Identification of Nobitex's high-value treasury accounts and the authority / multisig structure controlling them
Execution Speed Speed to drain the compromised accounts before the team detects the breach and revokes signing authority or freezes the assets
Obfuscation Plan A strategy to launder and move stolen funds - typically through mixers, cross-chain bridges, or decentralized DEX swaps to resist tracing

What Auditors Should Check

Could this have been caught in audit? Likely — with a thorough Hot wallet hack / Access Control audit checklist and test coverage

If you're auditing a protocol with similar architecture to Nobitex, these are the critical security checks that could have prevented this incident (June 2025).

  • Verify all logic paths related to Hot wallet hack / Access Control are guarded by proper access controls and input validation - see the Access Control Attacks attack class for patterns
  • Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs

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Related Attack Classes

The technique used in this hack maps to these vulnerability classes in our security curriculum:

See all Access Control Attacks examples →

Sources & References

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