Share this article

Bitfinex Warns Customers to Halt Deposits After Suspected Hack

Updated Dec 10, 2022, 9:15 p.m. Published May 22, 2015, 1:08 p.m.

UPDATE (22nd May, 17:2opm GMT): A representative from Bitfinex has indicated it has generated a new hot wallet on a "failsafe machine". It expects deposits and withdrawals will be live "soon", after the wallet has successfully synced.

STORY CONTINUES BELOW
Verpassen Sie keine weitere Geschichte.Abonnieren Sie noch heute den Crypto Daybook Americas Newsletter. Alle Newsletter ansehen

Popular bitcoin exchange Bitfinex today urged customers to halt deposits while it investigates a suspected hack.

In a statementhttps://www.bitfinex.com/pages/announcements/?id=35 released this morning, the Hong Kong-based company said the keys to its hot wallet "might have been compromised". However, the majority of customers' funds would not be affected, it said.

"Although we keep over 99.5% of users' BTC deposits in secure multisig wallets, the small remaining amount in coins in our hot wallet are theoretically vulnerable to attack [...] Although this incident is unfortunate, its scale is small and will be fully absorbed by the company."
Werbung

This year saw both Coinapult and Bitstamp lose funds in hot wallet thefts, with an estimated total loss of $5.4m at the time of reporting.

Currently the third most popular global bitcoin exchange, Bitfinex's 24-hour volumehttps://www.bitfinex.com/pages/stats stands at 15,905.02 BTC ($3.7m), according to BitcoinCharts.

A 0.5% loss on these trades works out at roughly $18,500. However, data from CryptoWatch and BitcoinWisdom suggests some variation in the exchange's global volume and its potential loss. Both list volume figures closer to 10,500 BTC.

Bitfinex

said it was working to create a new hot wallet for the deposits it stores online.

The exchange, which recently partnered with AlphaPoint to overhaul its back-end, is expected to release further updates in the coming hours.

Additional reporting by Pete Rizzo.

CorrectionA previous version of this article stated that Bitfinex was the third most popular exchange by volume.

CoinDesk is following this developing story.

Більше для вас

Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

Що варто знати:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.