Blockchain security firm SlowMist reports that an Indonesian crypto exchange has been hacked for more than $22 million worth of digital assets.
SlowMist say that saw crypto exchange Indodax operate its hot wallets across multiple blockchains, including Bitcoin (BTC), TRON (TRX), Ethereum (ETH), and ETH layer-2s Polygon (POL) and Optimism (OP).
According to the company’s data, the hackers stole approximately $14.6 million in ETH, $1.4 million in BTC, $2.5 million in POL, and $894,000 in OP. Smaller quantities USDC, USDT, Shiba Inu (SHIB) and Chainlink (LINK) were also stolen.
Source: SlowMist/XSlowMist says the bad actor probably found a way to do this compromise the crypto exchange’s withdrawal system.
“Based on our analysis, we can rule out the possibility that the hot wallet has been compromised. It is possible that the recording system has been hacked…
The stolen money was withdrawn from the hot wallet of the Indodax exchange by the hacker using an integer (1 BTC or 3 BTC), and the remaining bitcoin in this transaction was withdrawn as change to some addresses.
According to cybersecurity platform Cyvers, the address associated with the bad actor exchange the stolen tokens to ETH.
“Our system has detected multiple suspicious transactions involving [Indodax] wallets on different networks. Suspicious address already contains $14.4 million USD and [is] exchange the tokens for Ether.”
Ethereum is trading at $2,337 at the time of writing, up fractionally over the past 24 hours.
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