Hey there, tech lovers! Today, we’re diving into some wild cyber battles happening in Iran, led by the notorious group Predatory Sparrow.

This hacker team has a reputation for launching chaos. They’ve disabled gas station payment systems and even set a steel mill ablaze. Now, they’re targeting Iran’s financial sector, aiming to shake things up even more.

Recently, Predatory Sparrow claimed responsibility for destroying over $90 million worth of cryptocurrency at Iran’s Nobitex exchange. Instead of stealing funds, they chose to burn them, highlighting their political motives over profit. They also attacked Iran’s Sepah Bank, claiming to have wiped all data in retaliation for its ties to the Iranian military and Revolutionary Guard.

Their actions have caused widespread disruptions, with banks and ATMs going offline, making it difficult for civilians to access their money. Experts suggest these attacks are acts of sabotage aimed at undermining Iran’s use of cryptocurrency and its financial infrastructure.

Analyzing the crypto stolen during the Nobitex attack reveals a pointed political message, with addresses humorously referencing Iranian militia groups. Overall, Predatory Sparrow’s strike underscores a new, serious phase in cyberwarfare with potential for more serious consequences ahead.