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Indonesian Crypto Exchange Indodax Loses Over $22M In Hot Wallet Attack 99Bitcoins 11 Sep 2024

Indonesian Crypto Exchange Indodax Loses Over $22M In Hot Wallet Attack 🚨

Indonesian cryptocurrency exchange Indodax suffered a major hack early Tuesday, 10 September 2024. The incident resulted in a significant loss of over $22 million.

This attack highlights ongoing vulnerabilities in hot wallets, which are often targeted by hackers due to their online nature and accessibility.

The breach has raised concerns among users and security experts about the safety and security measures in place at Indodax and other exchanges.

Source: 99bitcoins.com ↗