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		<title>Indodax Cryptocurrency Exchange Allegedly Hacked, Rp 335 Billion At Risk</title>
		<link>https://plowunited.net/business/indodax-cryptocurrency-exchange-allegedly-hacked-rp-335-billion-at-risk/93/</link>
		
		<dc:creator><![CDATA[Sherina Salim]]></dc:creator>
		<pubDate>Wed, 11 Sep 2024 14:59:18 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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					<description><![CDATA[<p>plowunited.net – The Indonesian cryptocurrency exchange platform, Indodax, is suspect of being hacked. A post on Twitter by Teguh includes an image suggesting that Indodax&#8217;s system may have been compromised. &#8220;Indodax,&#8230;</p>
<p>The post <a href="https://plowunited.net/business/indodax-cryptocurrency-exchange-allegedly-hacked-rp-335-billion-at-risk/93/">Indodax Cryptocurrency Exchange Allegedly Hacked, Rp 335 Billion At Risk</a> appeared first on <a href="https://plowunited.net">Plow United</a>.</p>
]]></description>
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<p><strong><em><a href="https://plowunited.net/">plowunited.net</a></em></strong> – The Indonesian cryptocurrency exchange platform, Indodax, is suspect of being hacked. A post on Twitter by Teguh includes an image suggesting that Indodax&#8217;s system may have been compromised.</p>



<p>&#8220;Indodax, a cryptocurrency exchange in Indonesia, is report to have suffered a breach with illegal transactions resulting in losses exceeding USD 21.8 million, which is approximately Rp 335 billion,&#8221; Teguh mentioned on his Twitter account.</p>



<p>According to the post, Teguh indicate that the losses amount to hundreds of billions of rupiah, and this information has been confirm by the company&#8217;s Chief Technology Officer (CTO).</p>



<p>&#8220;The CTO of Indodax has confirmed that there was a security incident, and the status of Indodax remains under maintenance,&#8221; he stated.</p>



<p>In response to the hacking news, Indodax&#8217;s CEO Oscar Darmawan assured that the balances of its members are completely safe, both in cryptocurrency and in rupiah.</p>



<h2 class="wp-block-heading"><strong>Security Breach Indications Lead to Maintenance</strong></h2>



<p>&#8220;We are performing maintenance to ensure the overall security of the system. An investigation is still ongoing,&#8221; said Oscar.</p>



<p>Through a company blog, Indodax provided an update to its members, confirming that their security team had identified potential security issues on their platform.</p>



<p>As Oscar mentioned, Indodax is conducting thorough maintenance to ensure that all systems function properly.</p>



<p>&#8220;During this maintenance period, the Indodax&#8217;s web platform and application are temporarily inaccessible, but rest assured that your balances are 100 percent safe, both in cryptocurrency and rupiah,&#8221; stated Indodax.</p>



<p><a href="https://freecores.com/mobile/differences-between-iphone-15-and-iphone-16-series-is-an-upgrade-worth-it/321/"><strong><em>&#8220;Also Read: Differences Between iPhone 15 and iPhone 16 Series: Is an Upgrade Worth It?&#8221;</em></strong></a></p>



<h2 class="wp-block-heading"><strong>List of Stolen Indodax Cryptocurrency Assets</strong></h2>



<p>On the other hand, Arkham Intelligence has detailed the cryptocurrency assets stolen from Indodax. Here are the specifics:</p>



<ul class="wp-block-list">
<li>6.14 million USDT</li>



<li>1,047 ETH valued at USD 2.48 million</li>



<li>25 BTC valued at USD 1.41 million</li>



<li>2.2 million MATIC valued at USD 849,000</li>



<li>1.4 million ARB valued at USD 749,600</li>



<li>2 million ENA valued at USD 465,000</li>
</ul>



<p>The hackers have converted most of the stolen assets into native tokens and currently hold:</p>



<ul class="wp-block-list">
<li>5,584 ETH (USD 13 million)</li>



<li>16.74 million TRX (USD 2.56 million)</li>



<li>6.84 million POL (USD 2.55 million)</li>



<li>25 BTC (USD 1.41 million)</li>
</ul>



<p><strong><em><a href="https://id.wikipedia.org/wiki/Indodax" target="_blank" rel="noreferrer noopener">“The Complete Information From Wikipedia About Indodax”</a></em></strong></p>
<p>The post <a href="https://plowunited.net/business/indodax-cryptocurrency-exchange-allegedly-hacked-rp-335-billion-at-risk/93/">Indodax Cryptocurrency Exchange Allegedly Hacked, Rp 335 Billion At Risk</a> appeared first on <a href="https://plowunited.net">Plow United</a>.</p>
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