Indonesian Crypto Exchange Indodax Goes Offline Due to $22M Hack
Wednesday, 11 September 2024, 00:18
Details of the Indodax Breach
Indodax has reportedly suffered a devastating hack, resulting in the loss of approximately $22 million. This breach impacts not only Bitcoin but also Ethereum, raising serious questions about security protocols.
Service Status
As a result of the security incident, both mobile and web services are currently disabled. Users are advised to stay updated as investigations are underway.
Implications for Cryptocurrency Security
- Increased Security Measures Needed
- Impact on user trust
- Potential regulatory scrutiny
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.