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CoinGape

CoinGape

Indonesian Crypto Exchange Loses $20 Million Following Hack

CoinGape
Summary
Nutrition label

62% Informative

Indonesian crypto exchange Indodax suffered a $20 million exploit, with the hacker stealing $ 20million .

Onchain analytics platform revealed in an X post that the hacker had swapped most of the stolen assets for native cryptocurrencies including Bitcoin and ETH .

IndodAX has yet to release a complete report on how the exploit occurred.

In July , the Indian crypto exchange WazirX was hacked, with $230 million stolen.

The hacker currently holds 5,204 ETH ( $12 million ) and 25 BTC ( $1.41 million ) among several other crypto assets.

VR Score

37

Informative language

22

Neutral language

43

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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