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Cryptocurrency News Articles

SEA Crypto Exchange Indodax Suffers $15M Loss From Exploit — Peckshield

Sep 11, 2024 at 02:09 pm

Indodax, an Indonesian crypto exchange, was hacked, losing about $15.7 million. The breach impacted several blockchain networks, including Ethereum and Polygon.

SEA Crypto Exchange Indodax Suffers $15M Loss From Exploit — Peckshield

A Southeast Asian crypto exchange has become the latest victim of an exploit, losing about $15.7 million, according to blockchain security firm Peckshield.

The breach impacted several blockchain networks, including Ethereum and Polygon, The Block reported.

Indodax, the Indonesian crypto exchange that was hacked, is currently down for maintenance.

While Indodax has stated that user funds are safe, the situation has sparked anxiety among the community.

This incident marks the second major crypto exchange hack in the past three months, following the $230M hack of Indian crypto exchange WazirX.

News source:bitpinas.com

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