- MistTrack, a crypto tracking and compliance platform, has identified a connection between hackers targeting the Indonesian exchange Indodax and the Singaporean exchange BingX. - The investigation found that both hackers used the same address to launder funds, with the Indodax hacker operating on the Polygon network and the BingX hacker on the Binance Smart Chain. - The hackers exploited vulnerabilities in the exchanges to steal and launder cryptocurrency funds across different blockchain networks. - The use of the same address across multiple networks complicates the tracking and recovery of assets. - This incident highlights the increasing sophistication of cyberattacks in the cryptocurrency sector and the need for robust security measures within exchanges. - Indodax and BingX are expected to take immediate actions to mitigate the impact of the breaches.



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