Indodax
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Recent #Indodax hack reminds us of a crucial saying:
"Not your keys, not your crypto"đ
How do you store your $BTC ?
"Not your keys, not your crypto"đ
How do you store your $BTC ?
On exchanges
50%
In a hot wallet
0%
In a cold wallet
38%
I invest in a Bitcoin ETF
12%
8 votes âą Voting closed
đš Indodax Hack: A Costly Reminder of Exchange Vulnerabilities
Indonesiaâs largest cryptocurrency exchange, Indodax, was hacked, resulting in the loss of $22 million in $BTC $ETH $TRX and other cryptocurrencies. The breach, which targeted vulnerabilities in the withdrawal system, has led to a suspension of operations while the incident is investigated.
đ What we can learn from this:
đĄCentralized exchanges, with their use of hot wallets, remain attractive targets for hackers.
đĄSelf-custody and cold wallets are safer options for long-term cryptocurrency storage.
đĄâNot your keys, not your crypto.â
#Indodax #IndodaxHack #HackerAlert #ExchangeIndonesia
Indonesiaâs largest cryptocurrency exchange, Indodax, was hacked, resulting in the loss of $22 million in $BTC $ETH $TRX and other cryptocurrencies. The breach, which targeted vulnerabilities in the withdrawal system, has led to a suspension of operations while the incident is investigated.
đ What we can learn from this:
đĄCentralized exchanges, with their use of hot wallets, remain attractive targets for hackers.
đĄSelf-custody and cold wallets are safer options for long-term cryptocurrency storage.
đĄâNot your keys, not your crypto.â
#Indodax #IndodaxHack #HackerAlert #ExchangeIndonesia
đš Indodax Hacked for $20M in Crypto Assets
The Indonesian exchange Indodax suffered a major hack 5 hours ago, losing $20M in various crypto assets, including:
6.14M USDT
1,047 ETH ($2.48M)
25 BTC ($1.41M)
2.2M POL ($849K)
1.4M ARB ($750K)
2M ENA ($465K)
The hacker has converted most of the stolen assets to native cryptocurrencies and now holds:
5,584 ETH ($13M) â 5,204 ETH on Ethereum, 380 ETH on Optimism
6.84M POL ($2.56M) on Polygon
16.7M TRX ($2.55M) on Tron
25 BTC ($1.41M)
"ALL ADDRESSES IN COMMENT SECTION"
Stay alert for further developments!
#Indodax #HackerAlert #HackingInvestigation
The Indonesian exchange Indodax suffered a major hack 5 hours ago, losing $20M in various crypto assets, including:
6.14M USDT
1,047 ETH ($2.48M)
25 BTC ($1.41M)
2.2M POL ($849K)
1.4M ARB ($750K)
2M ENA ($465K)
The hacker has converted most of the stolen assets to native cryptocurrencies and now holds:
5,584 ETH ($13M) â 5,204 ETH on Ethereum, 380 ETH on Optimism
6.84M POL ($2.56M) on Polygon
16.7M TRX ($2.55M) on Tron
25 BTC ($1.41M)
"ALL ADDRESSES IN COMMENT SECTION"
Stay alert for further developments!
#Indodax #HackerAlert #HackingInvestigation
Indonesian #crypto exchange #Indodax goes offline following a $22 million hack.
The exchange is investigating, and services have been suspended.
#CPI_BTC_Watch #DOGSONBINANCE #TON
The exchange is investigating, and services have been suspended.
#CPI_BTC_Watch #DOGSONBINANCE #TON
#Indodax : Another Exchange Hacked? đš
Looks like the crypto world is under attack again! This time, it's Indonesian exchange Indodax that's feeling the heat. đ„”
PeckShield estimates that hackers stole around $15 million worth of crypto from Indodax. đ° Ouch!
Remember WazirX? đ€ź This is another reminder to be extra careful when choosing an exchange. Do your research and only trust reputable platforms. đ DYOR! #CryptoHack #Security #Binance
Looks like the crypto world is under attack again! This time, it's Indonesian exchange Indodax that's feeling the heat. đ„”
PeckShield estimates that hackers stole around $15 million worth of crypto from Indodax. đ° Ouch!
Remember WazirX? đ€ź This is another reminder to be extra careful when choosing an exchange. Do your research and only trust reputable platforms. đ DYOR! #CryptoHack #Security #Binance
Indodax Exchange Suffers $22 Million Security Breach, 9 Billion SHIB Stolen
Indodax, Indonesia's oldest and largest cryptocurrency exchange, has experienced a significant security breach. The breach resulted in the theft of approximately $22 million worth of digital assets. Indodax, which serves more than 5 million users, is now facing the fallout from this attack.
The hacker engaged in the breach successfully exploited several cryptocurrencies available on the platform. The exploit also impacted the second most popular meme coin Shiba Inu (SHIB). A total of 9 billion SHIB tokens were stolen by the attacker, which has raised concern among the platform users and other cryptocurrency community members.
A Major Setback for Indodax Users
Such an incident has frightened several Indodax users by raising concerns about the security of their funds. Indodax, one of Indonesia's popular crypto exchanges, has always been in high regard from its users, making this incident alarming. The exchange has not provided further explanations or disclosed how the hacker obtained the information on the platform or the weaknesses exploited in this attack.
Apart from Shiba Inu, the hacker is said to have stolen other tokens including Bitcoin (BTC), Ethereum (ETH), and Tron (TRX). Indodax is also yet to confirm the extent of the damage.
The post "Indodax Exchange Suffers $22 Million Security Breach, 9 Billion SHIB Stolen" first appeared on 36crypto.com News.
#CPI_BTC_Watch #Indodax #SHIBŰ #TON
The hacker engaged in the breach successfully exploited several cryptocurrencies available on the platform. The exploit also impacted the second most popular meme coin Shiba Inu (SHIB). A total of 9 billion SHIB tokens were stolen by the attacker, which has raised concern among the platform users and other cryptocurrency community members.
A Major Setback for Indodax Users
Such an incident has frightened several Indodax users by raising concerns about the security of their funds. Indodax, one of Indonesia's popular crypto exchanges, has always been in high regard from its users, making this incident alarming. The exchange has not provided further explanations or disclosed how the hacker obtained the information on the platform or the weaknesses exploited in this attack.
Apart from Shiba Inu, the hacker is said to have stolen other tokens including Bitcoin (BTC), Ethereum (ETH), and Tron (TRX). Indodax is also yet to confirm the extent of the damage.
The post "Indodax Exchange Suffers $22 Million Security Breach, 9 Billion SHIB Stolen" first appeared on 36crypto.com News.
#CPI_BTC_Watch #Indodax #SHIBŰ #TON
đš The Indonesian exchange Indodax was hacked for $20M, with stolen assets now spread across multiple chains! đ±
This highlights the need for better security . With Campfire Wallet, transactions are private and untraceable , protecting your assets from hacks like this. Privacy-focused solutions like $FIRO could prevent such attacks by ensuring that sensitive data remains hidden from prying eyes. đ„
#FIRO #CampfireWallet #Privacy #Indodax #Hack
This highlights the need for better security . With Campfire Wallet, transactions are private and untraceable , protecting your assets from hacks like this. Privacy-focused solutions like $FIRO could prevent such attacks by ensuring that sensitive data remains hidden from prying eyes. đ„
#FIRO #CampfireWallet #Privacy #Indodax #Hack
Internet Computer to Be Listed on #Indodax
#Indodax will list Internet Computer ProtocolÂ
#ICP Info
The Internet Computer is a versatile blockchain developed and initiated by the DFINITY Foundation in May 2021 with the aspiration of becoming a âworld computerâ that can host decentralized applications (dapps). The goal is to provide controlled computing costs that significantly outperform traditional blockchains' cost fluctuation and scalability issues.
The Internet Computerâs backbone is Chain Key Cryptography, which offers innovative features to bolster this mission.
The Internet Computerâs operation hinges on a few critical components. The Network Nervous System (NNS) functions as an open, decentralized management system that incorporates community proposals and also scales the blockchain network infinitely by continuously adding new nodes. Data storage costs are kept minimal for fostering on-chain dapp operation. Further enhancing user experience, smart contracts on this platform runs directly to serve usersâ HTTP requests. The platform also ensures user anonymity and employs a reverse gas model, with developers, not users, bearing the costs. In terms of infrastructure, the Internet Computer takes after Bitcoin and is not reliant on centralized cloud nodes.
The Internet Computer proprietary token, ICP, serves crucial roles in this ecosystem. It offers governance capabilities where staking ICP tokens produces âNeuronsâ, that allow the holders to vote on and influence proposals while earning rewards.
#Indodax will list Internet Computer ProtocolÂ
#ICP Info
The Internet Computer is a versatile blockchain developed and initiated by the DFINITY Foundation in May 2021 with the aspiration of becoming a âworld computerâ that can host decentralized applications (dapps). The goal is to provide controlled computing costs that significantly outperform traditional blockchains' cost fluctuation and scalability issues.
The Internet Computerâs backbone is Chain Key Cryptography, which offers innovative features to bolster this mission.
The Internet Computerâs operation hinges on a few critical components. The Network Nervous System (NNS) functions as an open, decentralized management system that incorporates community proposals and also scales the blockchain network infinitely by continuously adding new nodes. Data storage costs are kept minimal for fostering on-chain dapp operation. Further enhancing user experience, smart contracts on this platform runs directly to serve usersâ HTTP requests. The platform also ensures user anonymity and employs a reverse gas model, with developers, not users, bearing the costs. In terms of infrastructure, the Internet Computer takes after Bitcoin and is not reliant on centralized cloud nodes.
The Internet Computer proprietary token, ICP, serves crucial roles in this ecosystem. It offers governance capabilities where staking ICP tokens produces âNeuronsâ, that allow the holders to vote on and influence proposals while earning rewards.
