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Home ยป Breaking News: Bitfinex Data Breach Exposes 400,000 User Accounts! Urgent Password Update Required
Cryptocurrency Market

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

May. 4, 20242 Mins Read
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Breaking News: Bitfinex Data Breach Exposes 400,000 User Accounts! Urgent Password Update Required
Breaking News: Bitfinex Data Breach Exposes 400,000 User Accounts! Urgent Password Update Required
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Cryptocurrency exchange Bitfinex has experienced a massive data leak of up to 2.5 TB, involving the personal information and account passwords of 400,000 users. Bitfinex has not yet provided an explanation, but Paolo Ardoino, CEO of affiliated company Tether, has posted on X stating that the data leak may be fake news. As a precaution, it is recommended to change your password for security purposes.

(Bitfinex exchange previously suspended trading and withdrawals due to investigation of platform performance abnormalities.)

According to Crypto Marco’s report, tonight (4th), Bitfinex, a cryptocurrency exchange, has experienced a data leak of up to 2.5 TB, 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 have warned all users to change their passwords for safety reasons.

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

Update at 22:00:
Tether CEO Paolo Ardoino has further clarified on X:

(Attached image)

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