{"id":137130,"date":"2024-09-12T19:00:06","date_gmt":"2024-09-12T16:00:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137130"},"modified":"2024-09-12T10:50:51","modified_gmt":"2024-09-12T07:50:51","slug":"crypto-exchange-loses-22-million-in-hack-temporarily-shuts-down-services","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-exchange-loses-22-million-in-hack-temporarily-shuts-down-services\/","title":{"rendered":"Crypto Exchange Loses $22 Million in Hack, Temporarily Shuts Down Services"},"content":{"rendered":"<p>Following the attack, the exchange has suspended its mobile and web applications to address the situation.<\/p>\n<p>On September 11, blockchain analysis firms such as PeckShield, Cyvers, and SlowMist reported that Indodax\u2019s hot wallets had been compromised. The stolen assets include <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tron\/\">Tron<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/polygon\/\">Polygon<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/shiba-inu\/\">Shiba Inu<\/a><\/strong>, and other tokens. Investigations revealed that the breach might have originated from a vulnerability in the withdrawal system, allowing the attacker to access the hot wallet.<\/p>\n<p>The hacker managed to steal substantial amounts of Bitcoin, Tron\u2019s TRX, various ERC-20 tokens, Polygon, and Ether from the Optimism blockchain. Cyvers identified over 150 suspicious transactions and noted that the stolen funds were being converted to Ether, likely using mixing services like Tornado Cash to obscure the trail.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-137073\" href=\"https:\/\/cryptodnes.bg\/en\/ripple-exec-criticizes-us-regulators-for-targeting-crypto\/\" title=\"Ripple Exec Criticizes US Regulators for Targeting Crypto\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/money-laundering-why-it-s-bad-for-society-business-and-the-economy-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ripple Exec Criticizes US Regulators for Targeting Crypto<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>In response, Indodax has temporarily halted its services to conduct a thorough investigation and assured users that their assets are secure. Yosi Hammer from <strong><a href=\"https:\/\/x.com\/CyversAlerts\/status\/1833629057256239175\" rel=\"nofollow\">Cyvers<\/a><\/strong> speculated that the Lazarus Group, a notorious North Korean hacking collective, could be behind the attack, citing similarities with previous incidents linked to the group.<\/p>\n<p>Indodax\u2019s current reserve balance is reported to be $369 million, potentially available to cover investor losses. This incident follows a similar hack in July involving WazirX, also attributed to the Lazarus Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indonesian crypto exchange Indodax has experienced a significant security breach, resulting in a loss of about $22 million in various cryptocurrencies.<\/p>\n","protected":false},"author":3,"featured_media":77712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[72,271,384,374],"coin_category":[],"class_list":["post-137130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime","tag-bitcoin","tag-ethereum","tag-optimism","tag-shiba-inu"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Exchange Loses $22 Million in Hack, 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