Bitfinex CTO confirms no data breach, cites fake allegations

Bitfinex Chief Technology Officer Paolo Ardoino has confirmed that recent data breach allegations involving the cryptocurrency exchange were unfounded. Ardoino, addressing the rumors, stated unequivocally that Bitfinex’s user database remains secure following a thorough internal review over the weekend. The allegations surfaced last Saturday when Alice of Shinoji Research posted that Bitfinex had suffered a significant data breach. The...

Bitfinex launches tokenized debt for El Salvador’s new Hilton hotel

Bitfinex Securities is launching a tokenized debt offering to fund the construction of a new Hilton hotel. According to the Bitfinex press release, the new hotel will be at the El Salvador International Airport. The token will be issued under the ticker HILSV, which will be available for trading in exchange for U.S. dollars and the USDT...

Bitcoin’s retreat from $70k sparks concerns among tradfi investors, Bitfinex notes

Bitcoin’s decline prompts caution among traditional investors, emphasizing the importance of forthcoming flow data to gauge market sentiment. Traditional investors (tradfi) are starting to exercise caution as Bitcoin’s (BTC) price experiences a decline pulling back over 12.5% from its recent all-time high reached on Mar. 14. In a recent research report Bitfinex notes that the latest retreat “was...

US government transfers $922m in Bitcoin from seized Bitfinex hack funds

The U.S. government allegedly transferred Bitcoin (BTC) from two wallets that contained funds confiscated in the 2016 Bitfinex hack. According to Arkham Intelligence, on Feb. 28, from approximately 18:39 UTC to 19:55 UTC, U.S. authorities transferred almost a billion dollars worth of Bitcoin in four transactions.   First, the wallet transferred 1 BTC worth $60,200 (at the time...