News with the tag "Phemex"

Singapore-headquartered crypto exchange Phemex is investigating a $70 million hot wallet exploit as hackers continue to siphon funds into Ethereum wallets. Blockchain analytics firm PeckShield reported that Phemex lost $69.1 million in a Jan. 23 exploit targeting the exchange’s hot wallets, marking ...

Phemex CEO Federico Variola has assured that withdrawal functions for USDT and USDC will commence shortly. This has given relief to Phemex crypto exchange users who were eagerly waiting for an update. Notably, the hacking incident that Phemex suffered is not a standalone case as many more platforms ...

Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange’s hot wallets, resulting in a temporary half of withdrawals. Related Reading...

Phemex, a cryptocurrency exchange has announced the addition of the FLOKI Inu perpetual trading pair to its platform. Phemex users