• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Response to Allegations of Bitfinex Data Breach

user avatar

by Giorgi Kostiuk

2 years ago


Approximately 30 minutes ago, Shinoji Research reported allegations that hackers had compromised user data on Bitfinex, a cryptocurrency exchange, and leaked 2.5 TB of data. The alleged group behind the hack, Fsociety, claimed responsibility. Nonetheless, Bitfinex's CTO Paolo Ardoino, also the CEO of Tether, denied the accusations, labeling them as 'fake'. He assured users that their funds were secure by stating that only a small portion of the leaked email and password records were linked to Bitfinex users. Ardoino emphasized that Bitfinex does not store sensitive information like plaintext passwords or 2FA details. Furthermore, he mentioned that the alleged hackers did not reach out to the company for a ransom and reassured users that Bitfinex has not discovered any security breaches so far. Ardoino mentioned that the platform's KYC system has restrictions to prevent bulk data downloading. Despite suspicions from security researchers, Bitfinex continues to investigate the situation to verify that no breaches have occurred. Lastly, Ardoino reiterated that user funds are safe.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Steak n Shake Reports Increased Sales After Accepting Bitcoin Payments

chest

Steak n Shake has reported increased same-store sales after accepting Bitcoin payments since May 2025.

user avatarTomas Novak

BNB Chain Enhances Ecosystem with New AI Agent Standards

chest

BNB Chain has rolled out support for AI agent standards ERC8004 and BAP578 to enhance the identity and functionality of autonomous AI agents.

user avatarEmily Carter

Crypto and Banking Industries Clash Over Stablecoin Yield

chest

Discussions between the crypto and banking industries regarding stablecoin yield have yet to reach a compromise, posing a significant hurdle for the CLARITY Act.

user avatarKaterina Papadopoulou

Analysis Reveals Distinct Selling Patterns on Upbit

chest

Dom's analysis of 82 million trades on Upbit shows a consistent negative net selling of XRP, with only one week out of 46 being positive.

user avatarMaya Lundqvist

CFTC Chair Optimistic About CLARITY Act's Future

chest

CFTC Chair Mike Selig is optimistic about the CLARITY Act's progress in Congress, aiming to establish clear rules for digital asset markets in the U.S.

user avatarLeo van der Veen

Stablecoin Reserve Dynamics Shift Amid Market Decline

chest

Stablecoin reserves peaked before a price decline and have since reversed significantly.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.