Indodax, Indonesia's largest crypto exchange, suspended deposits and withdrawals due to a surge in cyberattacks.
Regulation & Gov ·
Indodax, described as Indonesia's largest cryptocurrency exchange, has suspended deposits and withdrawals following a surge in cyberattack attempts. The exchange detected an increase in attack activity that prompted the immediate operational pause, though the company has not confirmed that any breaches occurred.
Security assessments are reportedly underway to evaluate the scope and nature of the threats. The suspension affects core exchange functionality while the platform investigates the incidents, leaving users unable to move funds on or off the platform during this period.
It remains unclear when deposits and withdrawals will resume, what specific attack vectors were exploited, or whether any user data or assets were compromised during the cyberattacks.