Singapore-based crypto exchange Phemex lost $29 million in a hot wallet breach across multiple blockchains on January 23, ...
Cryptocurrencies have transformed the financial landscape, offering a decentralized way to store and transfer value. As the gateway to digital asset management, crypto wallets have become an essential ...
The funds were swapped for ether (ETH). "As we look into a report on one of our hot wallets rest assured our cold wallets remain safe and can be checked by everyone here, will post more updates ...
Phemex, a cryptocurrency exchange suspends withdrawals due to hot wallet security concerns, cold wallets safe, trading unaffected.
We may earn affiliate commissions from some of the products on this page - at no extra cost to you. Phemex lost $70 million through a cyberattack by the North Korean hackers targeting hot wallets.
Cryptocurrencies have revolutionized the financial landscape, offering new opportunities and challenges for investors. Before ...
Phemex is currently investigating a report involving one of its hot wallets used for daily operations. As part of the platform’s commitment to user security, withdrawals have been temporarily ...