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Phemex Investigates $29M Hack from Hot Wallets

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CoinDesk
59Words
Jan 22, 2025

Phemex, a cryptocurrency exchange, is investigating reports of a hack that resulted in $29 million being drained from its hot wallets. The incident has raised concerns about security measures in place at the exchange. Phemex is currently working to assess the situation and ensure the safety of its users' funds.

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