Hackers Steal $85 Million Worth Of Cryptocurrency From Phemex: A Wake-Up Call For Crypto Security
Introduction The cryptocurrency market has once again been rocked by a major security breach, as hackers successfully infiltrated the Phemex exchange and stole a staggering $85 million worth of digital assets. The attack, which unfolded in late January 2025, has raised alarm bells across the crypto community, highlighting persistent vulnerabilities in centralized exchanges. This cyberattack […]