A devastating security breach has struck Indodax, resulting in the theft of $22 million worth of cryptocurrency, including 9 billion SHIB tokens.
Key Details:
- Total stolen funds: $22 million
- SHIB tokens stolen: 9 billion
- Other affected tokens: BTC, ETH, TRX, LINK
- Stolen funds converted to BTC and ETH
Indodax Response:
- Co-founder William Sutanto confirms swift action to cover losses
- Investigations underway with blockchain security firm SlowMist
Security Concerns:
- Past breaches, including rumored 2018 Lazarus Group hack ($25M loss)
- Recent surge in crypto hacks, including WarizX ($100M SHIB tokens)
Protect Your Assets:
- Use hardware wallets
- Enable 2FA
- Stay vigilant
Share your security tips and thoughts on this breach!
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