Bitfinex CTO Dismisses Data Breach Speculations, Ensures Crypto Security for BTC and ETH Traders
- Bitfinex’s CTO, Paolo Ardoino, has debunked rumors of a suspected data breach on the crypto exchange’s platform.
- Ardoino has highlighted inconsistencies in the hackers’ claims, noting that only 5,000 of the 22,500 broadcasted emails matched with Bitfinex users.
- According to Ardoino, initial investigations suggest that the hackers collected a database of emails and passwords likely from different crypto breaches.
Bitfinex’s CTO, Paolo Ardoino, debunks rumors of a data breach, highlighting inconsistencies in the hackers’ claims and assuring users that the platform’s systems remain secure.
Bitfinex CTO Debunks Data Breach Rumors
Bitfinex CTO Paolo Ardoino has debunked rumors of a suspected data breach on the crypto exchange’s platform. In a recent post, Ardoino explained that the information broadcasted by the alleged hackers is false and not derived from the crypto firm’s database. He acknowledged the widespread panic among crypto users following the rumored database breach and highlighted inconsistencies in the hackers’ claims.
Irregularities in Hackers’ Claims
The alleged hackers posted two mega links with sample data containing 22,500 records of email and passwords. Ardoino noted that Bitfinex does not store plaintext passwords nor 2FA secrets in clear text, making it impossible for anyone to access such details from the platform. He further explained that only 5,000 of the 22,500 broadcasted emails matched with Bitfinex users, insisting that only a 100% match rate could prove the broadcasted information was from Bitfinex.
No Contact from Alleged Hackers
Ardoino informed his followers that the alleged hackers did not contact Bitfinex. The hackers published the post on April 25, giving the fir... Read the full article for FREE at COINOTAG!
