Cyvers in the News

Indonesian Crypto Exchange Hit by $20.5M Hack, Lazarus Group Suspected

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^{According to Cyvers}, the attacker, believed by some observers to be the Lazarus Group, performed more than 150 transactions. The security firm believes the attack vector exploited by the attacker is related to an access control violation.

Indonesian exchange Indodax faces $20 million loss from apparent exploit

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"We identified a significant security breach targeting Indodax's hot wallet, resulting in a loss of over $20.5 million across multiple chains, "^{said Yosi Hammer from blockchain security firm Cyvers}. "Our real-time monitoring systems flagged 160 critical red flags at the onset, beginning with a transfer of 660 ETH."

Indonesia’s Largest Centralized Exchange Suffers $18 Million Exploit: Report

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On September 11, ^{Cyvers Alerts took to X to notify the exchange of suspicious transactions.}“Our system has detected multiple suspicious transactions involving your wallets on different networks,” the company stated.