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Phemex CEO: USDT and USDC withdrawal functions are being gradually restored
2025-01-24 14:07

Odaily News @Federico0x, CEO of crypto exchange Phemex, said that the platform is gradually restoring the withdrawal function of USDT and USDC. All applications will be manually reviewed by the security team and may require a certain amount of waiting time.
In addition, Phemex has taken a snapshot of user balances at 12:00 UTC and will launch a reward program in the future to thank users for their support and loyalty. The Bitcoin withdrawal function will also be available soon, and Bitcoin wallets were not affected by this incident.

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Important News
2025-11-04 17:21
The "whale" that was holding onto losing positions continued to reduce its holdings, and the liquidation price for its SOL long positions moved down to $146.8.
2025-11-04 17:21
BTC fell below the low of the "October 11 downward wick".
2025-11-04 17:19
In the past hour, $320 million in positions were liquidated across the entire network, mainly long positions.
2025-11-04 17:17
BTC fell below 101,000 USDT, a 5.48% drop in the last 24 hours.
2025-11-04 17:07
ETH fell below 3400 USDT, a 6.19% drop in the last 24 hours.
2025-11-04 17:02
BTC fell below 102,000 USDT, a 4.35% drop in the last 24 hours.
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