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.