• 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

Potential Rebound for Bitcoin as Seasonal Tax Refunds Expected

chest

Analysts suggest that upcoming seasonal tax refunds could provide a liquidity boost for Bitcoin markets, potentially supporting a rebound.

user avatarNguyen Van Long

Senator Warren Issues Warning to Regulators on Crypto Support

chest

Senator Elizabeth Warren warns regulators against using public funds to support the crypto market, arguing it would benefit wealthy investors and risk public anger.

user avatarSatoshi Nakamura

NYDIG Research Debunks Quantum Computing Fears as Cause for Bitcoin's Price Drop

chest

NYDIG's research debunks fears that quantum computing is causing Bitcoin's price drop, attributing it instead to shifts in risk appetite.

user avatarJesper Sørensen

SGFORGE Unveils EUR CoinVertible on XRP Ledger

chest

SGFORGE has launched its euro stablecoin, EUR CoinVertible, on the XRP Ledger, marking a significant step in its multichain deployment strategy.

user avatarRajesh Kumar

Coinbase Forms Quantum Advisory Council

chest

Coinbase has established an independent advisory board to assess quantum-related risks and develop migration strategies.

user avatarEmily Carter

JP Morgan's Unique Perspective on the Future of the US Dollar

chest

JP Morgan's analysis predicts a managed decline of the US dollar, estimating a 3% drop through mid-2026, contrasting with Wall Street's consensus.

user avatarLucas Weissmann

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.