Indodax suspends deposits and withdrawals amid cyberattack attempts

Indonesia's largest digital asset exchange paused rupiah and crypto transfers as a precaution, saying client assets remain secure Indodax, Indonesia’s largest digital asset exchange, has hit the pause button on money moving in and out of its platform. On October 29, 2026, the exchange temporarily suspended deposits and withdrawals of both rupiah and digital assets. It cited a significant increase in cyberattack attempts and said it is reviewing the threat and securing the platform. What Indodax actually paused The suspension took effect at approximately 12:24 WIB, Western Indonesia Time. CEO William Sutanto confirmed the move in a post on X and described it as a precautionary security measure. According to the exchange, its team is assessing the situation and taking the steps it considers necessary before services resume. The scope of the freeze matters here. Deposit and withdrawal functions are offline for both fiat and crypto, which covers most of the ways money enters or leaves an exchange. Not everything went dark. Spot trading remained partially accessible during the suspension, and users could still view their account balances. Indodax said all client assets are secure. It al...