At least usd69 million stolen from crypto platform Phemex in suspected cyberattack

At least usd69 million stolen from crypto platform Phemex in suspected cyberattack
Summary: Singapore-based cryptocurrency platform Phemex experienced a cyberattack that resulted in the theft of over $69 million in digital assets. The company has paused some operations and is working to restore withdrawals while manually reviewing requests. Experts suggest that the sophistication of the attack indicates involvement from experienced threat actors, potentially linked to North Korean hackers.

Threat Actor: North Korean hackers | North Korean hackers
Victim: Phemex | Phemex

Keypoints :

  • Phemex paused operations after a cyberattack led to the theft of over $69 million in cryptocurrency.
  • CEO Federico Variola stated they are restoring withdrawals and reviewing user requests manually.
  • Experts believe the attack’s sophistication points to experienced threat actors, possibly linked to North Korea.

Source: https://therecord.media/69-million-stolen-cyberattack-crypto-platform-phemex