IndoDax Exchange Hacked: Estimated Losses Reach $18.2 Million, Says CyberAlert

Quick Summary:

IndoDax Exchange Hacking Damage: In a recent report from CyberAlert, a leading blockchain security firm, it has been revealed that the Indian cryptocurrency exchange IndoDax has suffered a significant security breach.

According to the firm’s post on X (formerly Twitter), the estimated damage from the attack is around 24.2 billion won (approximately $18.2 million).

Enhanced Security Measures: Cryptocurrency exchanges must continually invest in upgrading their security systems to stay ahead of increasingly sophisticated hacking attempts.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News IndoDax Exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 01:41:07 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1071 words

Reading Time: 6 minutes read

Sentences: 51 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22454203

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 9 hours ago

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