Indodax Hack: $22 Million Stolen from Indonesian Crypto Exchange
Indodax Faces Major Security Breach
Indodax, a prominent Indonesian crypto exchange, has fallen victim to a major hack resulting in over $22 million stolen. The exchange immediately suspended operations, focusing on investigating the breach that compromised its hot wallets.
What Happened?
The hack raised serious concerns about the security measures employed by cryptocurrency exchanges. In response, Indodax reassured its users that they are working diligently to secure their funds and investigate the incident thoroughly. Users have been advised to follow official channels for updates.
Stay Updated
As this situation develops, it's crucial for crypto traders and investors to remain vigilant and informed. Ensure to check back for further updates as Indodax works to restore normal operations.
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.