Security· ★★★· bearish·

Indonesia's largest crypto exchange Indodax halts deposits and withdrawals after cyberattack wave

  • —Indodax paused deposits and withdrawals while it assesses the threat
  • —Customer assets are safe and no unauthorized withdrawals were found
  • —No data leaks detected; no timeline given for resuming operations
  • —Hackers drained about $22 million from the exchange in September 2024
Why it matters: The precautionary freeze protects customer funds, but a second security incident after the $22 million hack weighs on confidence in the exchange.
Source: BeInCrypto RU