1 week ago
Bitfinex Chief Technology Officer Paolo Ardoino has debunked rumors that the crypto speech suffered a database exploit recently.
Over the weekend, respective reports suggested a imaginable database leak comprising 22,500 records of emails and passwords allegedly from Bitfinex users.
However, Ardoino opined that the purported breach was apt fake, stating that lone a tiny percent of the leaked accusation matched the speech users, adding that the steadfast does not “store plaintext passwords, nor 2FA secrets successful wide text.”
Moreover, Ardoino questioned the legitimacy of the hackers’ claims, noting their nonaccomplishment to interaction the speech directly. According to him, the hacker radical announced the breach connected April 25, but Bitfinex lone became alert of the incidental a time earlier the deadline.
Ardoino added:
“Different information researchers rushed to hype the breach. Yet from what we could gather, the hackers collected a database of emails/passwords apt from antithetic crypto breaches. Most of users unluckily usage aforesaid email/passwords crossed aggregate sites.”
Nonetheless, the CTO promised to “keep reviewing accusation to guarantee nary chromatic remains unturned.”
Meanwhile, Alice from Shinoji Research, 1 of the accounts that propagated the Bitfinext database leak claim, has retracted the statement. They wrote:
“Removed the archetypal BFX hack station arsenic I’m not capable to edit it. What appears to person happened is this ‘Flocker’ radical curated a database of BitFinex logins from different breaches. They past made the tract look similar a ransom request for a large breach.”
Alice further noted that the hackers exploited the rumor to make hype astir their activities and pull imaginable investors for aboriginal hacks.
“Instead it seems the program is to hype up their cognition truthful that radical tin ‘invest’ successful aboriginal hacks. They are astir apt not related to the existent FLocker radical from a fewer years ago,” Alice added.
The station Bitfinex CTO dismisses rumors of large database breach, suggests misinformation by hackers appeared archetypal connected CryptoSlate.
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