Phemex Hot Wallet Breach: $29 Million in Crypto Potentially Drained
Singapore-based cryptocurrency exchange Phemex has fallen victim to a reported hack, continuing the trend of security vulnerabilities in digital asset exchanges. Meir Dolev, the co-founder and CTO of blockchain security firm Cyvers, issued an urgent alert on January 23rd regarding suspicious activity involving one of Phemex’s hot wallets. Dolev detected 125 suspicious transactions across 11 […]