Hackers Leak Nobitex’s Source Code Following $100M Crypto Heist

Iranian cryptocurrency exchange Nobitex faces escalating fallout from a devastating cyberattack, with hackers now releasing the platform's full source code. The breach, initially resulting in $100 million stolen from hot wallets, has entered a new phase of exposure as Gonjeshke Darande—also known as Predatory Sparrow—published sensitive infrastructure details on social media.

The hacker group's eight-part Twitter thread laid bare server configurations, privacy tools, and deployment systems. "Assets left in Nobitex are now entirely out in the open," the collective declared, compounding risks for remaining user funds. Earlier claims suggest $90 million of stolen assets were deliberately burned across multiple blockchains.

This unprecedented leak of exchange architecture raises systemic security concerns beyond Nobitex, particularly for platforms handling Middle Eastern crypto liquidity. Market observers note the incident may accelerate institutional migration toward decentralized custody solutions.