On September 10, 2024, Indodax Indonesian crypto exchange suffered a $25.47 million hack affecting its hot wallet. Attackers obtained approximately 5,204 ETH ($12.37M) along with Polygon, Tron, Bitcoin and various ERC-20 tokens without compromising private keys, suggesting the breach involved the withdrawal protocol itself.

Indonesian crypto exchange Indodax suffered an attack a few hours ago, with the hacker stealing various tokens from hot wallets. The total loss is approximately $22 million. According to the analysis by the SlowMist security team, the possibility that the hot wallet has been compromised can be ruled out. It is possible that the withdrawal system has been hacked.