Cryptocurrency

April

<p>The cryptocurrency exchange BitFinex has been the target of an alleged massive cyberattack by the infamous hacker group FSOCIETY. However, after a week of panic among users, the threat turned out to be largely exaggerated. BitFinex’s Chief Technical Officer, Paolo Ardoino, provided crucial clarifications on the situation.</p>
<h2 id="h-fsociety-hackers-spread-panic">FSOCIETY Hackers Spread Panic</h2>
<p>On April 25, the famous hacker group <a href="https://www.cointribune.com/les-hackers-ont-ils-parfois-du-coeur/" target="_blank" rel="noopener noreferrer nofollow">FSOCIETY</a>, named after the Mr Robot series, declared on the dark web that they had compromised over 400,000 BitFinex accounts and exfiltrated 2.5 TB of user data. They threatened to reveal this confidential data, including KYC (Know Your Customer) information, if BitFinex did not meet their demands within 7 days.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>This <a href="https://x.com/paoloardoino/status/1786751936760312050?s=46" target="_blank" rel="noopener noreferrer nofollow">statement</a> caused panic among BitFinex users. Cybersecurity experts verified the authenticity of the leak by testing the disclosed passwords, triggering a wave of two-factor authentication (2FA) notifications and prompting many users to urgently change their credentials.</p>
<div class="affiliate-button"><span class="affiliate-button__link obfuscated-link" data-href="https://www.cointribune.com/newsletters/" data-target="_blank" data-rel="noreferrer noopener">Discover our newsletter</span> <span class="affiliate-button__disclaimer obfuscated-link" data-href="https://www.cointribune.com/en/sponsored-content/" data-target="_blank" data-rel="noreferrer noopener">This link uses an affiliate program.</span>
</div>
<h2 id="h-bitfinex-questions-the-hacking">BitFinex Questions the Hacking</h2>
<p>In the midst of the storm, <a href="https://www.cointribune.com/crypto-paolo-ardoino-repond-aux-accusations-selon-lesquelles-tether-est-expose-a-ftx/" target="_blank" rel="noopener noreferrer nofollow">Paolo Ardoino</a>, CTO of BitFinex and CEO of Tether, stepped up to calm the situation. He assures that after thorough analysis, no breach was detected in the BitFinex systems.</p>
<p>According to him, the file disseminated by FSOCIETY contained 22,500 email/password combinations, of which only 5,000 were linked to BitFinex users. And he notes that the platform does not store passwords in plaintext.</p>
<p>Ardoino suggests that the data actually came from other leaks such as the one from CoinMarketCap. Shinoji Research has indeed established that many accounts in the file appeared in databases of sites like HaveIBeenPwned, which list compromised accounts.</p>
<p>The CTO also highlights that the hackers never asked for a ransom from BitFinex. He rather sees this attack as an attempt by FSOCIETY to promote their ransomware tool. “<em>If they really had hacked BitFinex, would they need to sell products for $299?</em>” he wonders.</p>
<p>In summary, while this episode has revived the trauma of the <a href="https://www.cointribune.com/larrestation-du-hacker-de-bitfinex-la-fin-dune-enigme-crypto-a-27-milliards-de-dollars/" target="_blank" rel="noopener noreferrer nofollow">BitFinex hack</a> in 2016, where 119,756 bitcoins were stolen, it seems that the platform was not compromised this time. However, it is a reminder of the importance of remaining vigilant and following the official communications of the platforms in case of a presumed incident. Cryptocurrency hacks have overall dropped by 67% in April 2024, but the threat persists.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://accounts.binance.com/en/register?ref=35547494" target="_blank" rel="noopener noreferrer nofollow">Buy cryptos with Binance</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>

Crypto: BitFinex narrowly escapes a major cyber attack, the hackers were bluffing!

목차

Cointribune EN

2024년 5월 6일에 게재된 다른 기사

Tokenomics Quasacoins (QUA)

AI Tokens and Bitcoin ETFs Drive Crypto Surge

Bitcoin (BTC) Poised to Hit $150,000, Asserts Bloomberg Analyst: A Deep Dive into Crypto Predictions

Jack Dorsey Steps Down from Bluesky Board, Praises Elon Musk’s X

Bitcoin (BTC) Shatters Records with One Billion Transactions Milestone: A New Era in Crypto Trans...

Crypto.com reaches over 100 million global users

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!