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Home » “Breaking News: Bitfinex Data Breach Exposes 400,000 User Accounts! Urgent Password Reset Required”
Cryptocurrency

“Breaking News: Bitfinex Data Breach Exposes 400,000 User Accounts! Urgent Password Reset Required”

By adminMay. 4, 2024No Comments2 Mins Read
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"Breaking News: Bitfinex Data Breach Exposes 400,000 User Accounts! Urgent Password Reset Required"
"Breaking News: Bitfinex Data Breach Exposes 400,000 User Accounts! Urgent Password Reset Required"
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Cryptocurrency exchange Bitfinex has experienced a data leak of up to 2.5 terabytes, involving the personal information and account passwords of 400,000 users. Bitfinex has not yet provided an explanation, but Paolo Ardoino, the CEO of affiliated company Tether, posted on X stating that the data leak may be fake news. As a precaution, it is recommended that users change their passwords.

Background:
Bitfinex exchange previously suspended trading and deposits/withdrawals due to an official investigation into platform performance issues.

According to Crypto Marco’s report, tonight (4th), Bitfinex, the cryptocurrency exchange, experienced a data leak of up to 2.5 terabytes, involving the personal information and account passwords of 400,000 users. White-hat hackers have already obtained personal information and personally attempted to log into different user accounts. They are warning all users to change their passwords for security reasons.

Update 21:30:
Bitfinex has not yet provided an explanation, but Paolo Ardoino, the CEO of affiliated company Tether, posted on X stating that the data leak may be fake news. However, since Ardoino also cannot confirm with 100% certainty that it is fake news, it is recommended that users change their passwords as a precaution.

Update 22:00:
Paolo Ardoino, the CEO of Tether, made another statement on X:

Related Report:
Morning Report in the Coin Market: Bitcoin breaks through $64,500, Ethereum returns to $3,200, and the BTC inventory on exchanges reaches a six-year low.
Bullish Signal: BTC inventory on exchanges reaches a six-year low! Bloomberg: Australia is expected to launch a Bitcoin spot ETF by the end of the year.

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