Nobitex: The total amount of stolen assets is approximately $100 million, and user losses are fully covered by the reserve fund

According to BlockBeats, on June 19th, Iranian cryptocurrency trading platform Nobitex released its fourth announcement regarding the theft incident: "In Nobitex's ongoing response to recent security incidents, the situation has been brought under control and all external access to our servers has been completely cut off. The user's current wallet balance on various blockchain networks of Nobitex may notice a significant decrease in assets. This is because our technical team proactively cleared the hot wallet funds to protect the security of user assets. Therefore, users do not need to worry about the changes in these wallet balances. The stolen assets have been transferred to a wallet using a non-standard address composed of random characters, which is significantly different from the pattern of attacks on traditional cryptocurrency trading platforms. These wallets were subsequently used to destroy and burn user assets. Obviously, the purpose of this attack is not economic gain, but an attempt to harm the asset and psychological safety of users through false means. The stolen funds can still be publicly traced on the blockchain network, and the estimated total amount of stolen assets is about $100 million. In addition, due to network restrictions and external server access disruptions, platform recovery may take longer than usual. But Nobitex is making every effort to accelerate the repair progress. All user assets are fully protected by Nobitex Reserve Fund, and users will not have any financial losses. The follow-up progress will be continuously updated through further announcements