Over $70M Burned in Cyber Warfare on Iranian Crypto Exchange #Bitcoin #crypto #tether #iranisraelwar
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 Funds
22:52 – 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
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