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.
Response to Allegations of Bitfinex Data Breach

by Giorgi Kostiuk
2 years ago

Other news
BCGame Dominates the Crypto Gambling Space

BCGame has been a leader in the crypto gambling industry since 2017, offering support for over 150 cryptocurrencies and a library of 8,000 games, attracting over 9 million users.

Wildio Offers a Complete Crypto Casino and Sportsbook

Wildio offers a complete crypto casino and sportsbook, launched in 2022 with over 7,000 games and betting across 50 sports.

BetBolt Leads the Crypto Sportsbook Market

BetBolt emerges as a top choice for New Zealand players, offering a comprehensive platform with 20 sports markets and a full casino.

The Rise of Crypto Sportsbooks in New Zealand

In 2025, New Zealand players are increasingly favoring dual platforms that combine sports betting and casino games, facilitated by cryptocurrency.

Pudgy Penguins Blends Collectible NFTs with Tokenomics

Pudgy Penguins offers a unique environment for investors through scarcity, collectibles, and playful branding.

HTX Strengthens User Trust with Enhanced Transparency and Security

HTX has implemented major improvements in transparency, security, and compliance, leading to increased user confidence.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter