Indonesian Crypto Exchange Indodax Falls Victim to a Hack, Loses $22 Million
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Indonesian cryptocurrency exchange Indodax has fallen victim to a hack, with attackers making off with approximately $22 million in digital assets.
The breach, which occurred on September 11, targeted the platform’s hot wallets, according to a report by blockchain analytics firm SlowMist.
SlowMist report revealed that a variety of tokens were stolen, with the hackers quickly converting the assets into Ethereum, TRON, Polygon, and Bitcoin.
The blockchain forensics firm Cyvers also confirmed that the stolen funds had already been swapped on-chain, making recovery efforts more difficult.
In response to the attack, Indodax acknowledged the situation in a post on its official X account.
The exchange stated that its security team had identified a “potential security issue” and was performing full system maintenance to address the breach.
The platform has temporarily suspended all operations but reassured its users that their funds, both in crypto and fiat currency, are safe.
Indodax has not yet provided detailed information on how the breach occurred or the full extent of the damage.
“Currently, we are conducting a complete maintenance to ensure the entire system is operating properly,” the platform wrote.
“During this maintenance process, the INDODAX web platform and application are temporarily inaccessible. But don’t worry, we can assure you that your balance remains 100% safe both in crypto and rupiah.”
Halo Member INDODAX,
Kami ingin menginformasikan bahwa team security kami menemukan potensi indikasi keamanan pada platform kami.
Saat
