Ethereum

JUST

Cryptocurrency

when

Optimism

Indodax, one of Indonesia’s largest centralized cryptocurrency exchanges, has fallen victim to a major security breach.
Hackers took over the platform and stole approximately $14.4 million worth of cryptocurrencies. The stolen funds are now being traced to a suspicious address where the tokens were quickly converted to Ethereum (ETH).
Major tokens such as Optimism (OP) and Polygon (POL) were affected by the hack.
Related News: <a href="https://en.bitcoinsistemi.com/legendary-analyst-il-capo-reveals-why-most-people-lose-on-altcoins/" target="_blank" rel="noopener noreferrer nofollow">Legendary Analyst il Capo Reveals Why Most People Lose on Altcoins</a>
So far, no statement has been released regarding the incident through the official channels of the cryptocurrency exchange.
However, it was observed that the hacker applied a tactic to prevent arbitrage traders from gaining an opportunity when converting the funds in question into Ethereum.
The scale of the hacking incident may expand in the coming hours. As Bitcoinsistemi.com, we will continue to inform you of the developments.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/just-in-another-cryptocurrency-exchange-hacked-large-amount-of-altcoins-stolen/" rel="noopener noreferrer nofollow">JUST IN: Another Cryptocurrency Exchange Hacked, Large Amount of Altcoins Stolen</a>

JUST IN: Another Cryptocurrency Exchange Hacked, Large Amount of Altcoins Stolen

Bitcoin Sistemi EN

Other articles published on Sep 10, 2024

Aptos Welcomes Brevan Howard, BlackRock, and Hamilton Tokenized Funds by Libre

Fake Tim Cook Livestreams Hit YouTube During iPhone 16 Launch

XRP News: XRP Healthcare Leverages AI, Price Soars 5%

September Market Dump Nears Its End – Traders Eye 1000% Gains With Emerging Solana Memecoin Over ...

Nigeria’s EFCC Blocks Bail for Binance Executive Despite Health Concerns: Report

BNB Chain Launches Cross-Chain Bridge with Celer, deBridge, and Stargate

Join our free newsletter for daily crypto updates!