Indonesian Crypto Exchange Indodax Hit by $22M Hack Amidst Paused Activity

Wednesday, 11 September 2024, 01:13

Indodax has faced a significant security breach, with $22M in cryptocurrency stolen. The exchange, known for its focus on the local Indonesian market, has paused operations to prevent further risks. Users are urged to stay informed as more updates develop.
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Indonesian Crypto Exchange Indodax Hit by $22M Hack Amidst Paused Activity

The $22M Hack Incident

Indodax, a prominent centralized cryptocurrency exchange established in 2014, has announced a severe security breach resulting in the loss of $22 million. The exchange has paused its trading activities to assess the situation and protect its users' assets.

User Impact and Response

The exchange, which traded over $11 million worth of cryptocurrencies in the last 24 hours, is under scrutiny as it confronts this serious security incident. All users are advised to remain vigilant and check for updates.

  • Users experiencing anomalies should contact Indodax support.
  • Stay updated via official channels for recovery actions.

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.


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