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Phemex Update On wallet Security And Temporary Suspension Of Withdrawals

  • Phemex is temporarily suspending withdrawals to investigate a report on the security of one of its hot wallets.
  • While the cold wallets remain secure, Phemex is enhancing wallet security measures as a precautionary measure.
  • Trading services continue uninterrupted and core business operations remain unaffected.
  • Phemex will reinstate withdrawals promptly after the investigation and implementation of necessary security enhancements.

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