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Indodax cryptocurrency exchange hack: 9B SHIB stolen in $20.5 mln heist

Posted on September 17, 2024 by Dissent

AMB Crypto reports:

In a significant breach, hackers exploited Indonesian cryptocurrency exchange Indodax, stealing around $20.5 million in digital assets.

The attack primarily targeted the exchange’s hot wallets, which are online wallets used for daily transactions.

Among the stolen assets were 9 billion Shiba Inu [SHIB] tokens, reflecting the hacker’s deliberate choice to target popular cryptocurrencies. Other assets, including Chainlink [LINK], Tron [TRX], Ethereum [ETH], and a considerable portion of Bitcoin [BTC] were also taken.

Read more at AMB Crypto.

Category: Financial SectorHack

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