Indodax, Indonesia's largest cryptocurrency exchange, experienced a significant cyber attack on September 11, 2024, resulting in a loss of $22 million. The attack targeted the exchange's hot wallets, with the attackers stealing BTC, ETH, and TRX, among other cryptocurrencies.
In response to the breach, Indodax has ceased its operations to fix the security vulnerability and prevent further thefts. This incident raises concerns about the safety of assets on cryptocurrency exchanges and the ongoing risks of cyberattacks in the digital currency space.
Source: www.thecoinrepublic.com ↗
