Indonesian cryptocurrency exchange Indodax is facing a significant financial blow following a recent exploit. The losses are estimated at $15 million. According to PeckShield, the platform has experienced a considerable outflow of funds, totaling approximately $15.7 million. These funds have been dispersed across various blockchain networks, including Ethereum, Polygon, and
The Nahdlatul Ulama, declared cryptocurrency haram in October 2021. Indonesia has developed into one of Asia’s significant crypto-economies. An official warning from Indonesia’s Financial Services Authority (OJK) comes after Islamic non-government offices in the nation have called for a crypto ban. According to OJK, the Indonesian financial watchdog, financial institutions
Pintu, a licensed Indonesian crypto-exchange, revealed an announcement on receiving $6M fund from Coinbase supporting crypto users and industry, on Tuesday. Series A Funding Mission in Indonesia Coinbase launched a new mission called “Coinbase Ventures”. A mission that supports investing in small crypto exchanges and blockchain startups. It completed a
