Security Incident · Exchange

Phemex Security Incident: $70.00M Reported Loss

January 23, 2025·Historical incident record

Incident Overview

The Singapore-based Phemex cryptocurrency exchange's hot wallets were hacked, resulting in a loss of approximately $70 million.

Sources & References

Original incident referencehttps://www.web3isgoinggreat.com/?id=phemex-hack (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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Incident Overview

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