Hackers Stolen $85 Million Worth of Cryptocurrency from Phemex

Phemex, a cryptocurrency exchange based in Singapore, suffered a significant cyberattack that resulted in the theft of $85 million worth of digital assets.  The platform’s hot wallets, which are linked to the internet for real-time transactions, were the primary target of the hack. These wallets are more susceptible to intrusions than cold wallets, which stay […]

The post Hackers Stolen $85 Million Worth of Cryptocurrency from Phemex appeared first on Cyber Security News.

This article has been indexed from Cyber Security News

Read the original article: