Cyvers in the News

Phemex Hacked: Over $29 Million Stolen Across Multiple Blockchains

^{‍Blockchain security firm Cyvers said its systems detected multiple suspicious transactions involving Phemex’s hot wallets across several chains.}

^‍Cyvers estimated that digital assets worth more than $29 million were transferred by suspicious addresses on chains including BNB, ETH, OP, POL, BASE, and ARB.

Crypto Exchange Phemex Investigating Hack Reports as $29M Drained From Hot Wallets

^{‍Crypto security firm Cyvers reported} "multiple suspicious transactions" from the Phemex hot wallet across multiple blockchains. The funds were swapped for ether (ETH).

No Country For Young Fintechs: The U.K.’s Debanking Of Crypto Blockchain And Web3

‍A survey of U.K. fintech and crypto firms found that 50 percent of the firms surveyed have been rejected from opening a bank account or had an account closed by a major U.K. bank. Only 14 percent managed to successfully apply for a bank account with one of "the CMA 9” - the nine biggest mainstream banks in the U.K. - without it being closed at a later date.