Indodax halts deposits and withdrawals after detecting rise in cyberattack attempts
Indodax, Indonesia's largest cryptocurrency exchange, has temporarily suspended deposits and withdrawals as a precautionary step following an increase in cyberattack attempts.
Indonesian cryptocurrency exchange Indodax has temporarily suspended deposits and withdrawals after detecting an uptick in cyberattack attempts, according to co-founder and CEO William Sutanto. The freeze covered both Indonesian rupiah (IDR) and cryptocurrency transfers.[2][1]
Sutanto stated that customer assets remain secure and that the platform has not detected any unauthorized withdrawals or data breaches. The exchange's security team is running assessments and implementing mitigation measures, with transfer services set to resume once platform safety is confirmed.[2][1]
Key facts
- Indodax co-founder and CEO William Sutanto announced a temporary suspension of deposits and withdrawals following an increase in cyberattack attempts.
- The halt affected both IDR and cryptocurrency transfers on the platform.
- Indodax reported that customer assets remain secure and no unauthorized withdrawals or data breaches have been detected.
- The exchange is performing security assessments and mitigation measures, and plans to resume services once safety is verified.
Sources · 2 sources
- CP
Crypto Patel@CryptoPatelPost on X ·
BREAKING: Indodax Suspends Crypto Deposits & Withdrawals Indonesia’s crypto exchange Indodax halted IDR and crypto transfers on Oct 29 amid increased cyberattack attempts. The exchange reports no unauthorized withdrawals or data leaks so far. Meanwhile, Bithumb disclosed a separate incident exposing personal data of 844 customers.
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
Indonesia's Largest Crypto Exchange Indodax Suspends Deposits and Withdrawals Amid Increased Cyberattack Attempts William Sutanto, co-founder and CEO of Indonesia's largest cryptocurrency exchange Indodax, said the platform has temporarily suspended deposits and withdrawals as a precaution after detecting an increase in cyberattack attempts. The team is conducting security assessments and mitigation measures, with services to resume once safety is confirmed. Sutanto emphasized that customer assets remain secure and that no unauthorized withdrawals or data breaches have been detected.
Open source