infini
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The hacking incident at Bybit is very serious and raises concerns about the security of crypto assets. As a crypto trading platform, Bybit has a responsibility to protect its users' assets.
This incident shows that even leading and reputable platforms can become targets of hacker attacks. Therefore, it is very important for crypto users to always be vigilant and follow good security practices to protect their assets.
In this case, Bybit must conduct further investigations to determine the exact cause of this incident and take appropriate steps to prevent similar incidents in the future. Additionally, Bybit should also be transparent in providing information to its users about this incident and the measures taken to address the issue.
In the long term, this incident can serve as a valuable lesson for Bybit and other crypto trading platforms to enhance security and protect their users' assets.
#bybit #infini #binance $ETH
$XRP
$BNB
This incident shows that even leading and reputable platforms can become targets of hacker attacks. Therefore, it is very important for crypto users to always be vigilant and follow good security practices to protect their assets.
In this case, Bybit must conduct further investigations to determine the exact cause of this incident and take appropriate steps to prevent similar incidents in the future. Additionally, Bybit should also be transparent in providing information to its users about this incident and the measures taken to address the issue.
In the long term, this incident can serve as a valuable lesson for Bybit and other crypto trading platforms to enhance security and protect their users' assets.
#bybit #infini #binance $ETH
$XRP
$BNB
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👀Infini's founder offers hackers a refund of 49.5 million USD, promises a 20% reward and immunity from prosecution
This is the second time Infini has contacted the hackers; Christian Li, the founder of the digital bank Infini, sent 0.1 ETH to their wallet, acknowledging their skills and leaving an offer for the hackers to return the 49.5 million USD that was stolen, promising a 20% reward and immunity from prosecution if returned.
After the attack, founder Christian Li reassured customers that they would be fully compensated.
Infini is still working to recover the stolen funds but is unsure if the hacker will agree to this deal.
#infini #ETH
This is the second time Infini has contacted the hackers; Christian Li, the founder of the digital bank Infini, sent 0.1 ETH to their wallet, acknowledging their skills and leaving an offer for the hackers to return the 49.5 million USD that was stolen, promising a 20% reward and immunity from prosecution if returned.
After the attack, founder Christian Li reassured customers that they would be fully compensated.
Infini is still working to recover the stolen funds but is unsure if the hacker will agree to this deal.
#infini #ETH
#Infini Suffers $49.5 Million $USDC Hack Due to Admin Rights Abuse
Infini has fallen victim to a significant security breach, with an attacker draining $49.5 million in USDC by exploiting administrative rights. This incident highlights the critical importance of secure access controls and robust security measures within DeFi platforms.
#BTCDipOrRebound #InfiniHacked #Write2Earn
Infini has fallen victim to a significant security breach, with an attacker draining $49.5 million in USDC by exploiting administrative rights. This incident highlights the critical importance of secure access controls and robust security measures within DeFi platforms.
#BTCDipOrRebound #InfiniHacked #Write2Earn
LARGEST CRYPTO HACKS IN Q1 2025
#Bybit #Libra #MelaniaMeme #Infini #Phemex #Abracadabra #Ionic #zkLend #Zoth #1inch
#Bybit #Libra #MelaniaMeme #Infini #Phemex #Abracadabra #Ionic #zkLend #Zoth #1inch
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This co-founder princess is truly a prophet. On the 22nd, she posted in sympathy for others, and unexpectedly on the 24th, she herself was robbed. What a coincidence!
When discovering #bybit被盗 , one should first check the security of their own #infini platform! The security of cryptocurrency platforms is of utmost importance.
However, the financial strength of this platform is good, full compensation should not be a problem, they are not short on money, and there are many investors waiting to invest! #钱包安全
When discovering #bybit被盗 , one should first check the security of their own #infini platform! The security of cryptocurrency platforms is of utmost importance.
However, the financial strength of this platform is good, full compensation should not be a problem, they are not short on money, and there are many investors waiting to invest! #钱包安全
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2025/2/24 Hot Cryptocurrency Market Summary 🎯
Mainstream Market 🌠
1: #BTC☀ The market trend over the weekend is not very healthy; the decline of Bitcoin indicates that market liquidity is indeed exhausted. Previously, altcoins were lacking liquidity, and now Bitcoin is in a similar situation.
2: #ETH Under the continued favorable buying on Bybit, Ethereum was the only strong coin last night. After a spike to 2850 at 7 AM, it followed Bitcoin's decline and exhibited a doomsday vehicle trend, with the market continuing to experience FUD. BEN tweeted that Bybit has compensated for all ETH gaps.
Hot Events 🔥
1: Stablecoin Digital Bank #infini was attacked; Infini lost 49.5 million USD. The founder @Christianeth also stated that the involved engineer has been located and controlled, and the police have been notified. @DujunX also said that the overall issue is not significant and is willing to provide 5-10M, wanting to invest in Infini.
Hacker Address 0x3ac96134fb0e42a52d33045aee50b89790f05ed, and funds have been gradually exchanged for DAI and ETH.
🚦With the continuous rise in cryptocurrency market value, a large number of hackers are targeting the crypto market, which is also one of the main reasons for the frequent hacker incidents. The security sector remains a pain point in the current industry. I think this is a great entrepreneurial avenue and is very suitable for our Chinese entrepreneurial teams.
2: North Korean 🇰🇵 hackers released two money laundering tokens “Qin Shi Huang” and “Terracotta Warrior.” Both showed rapid market activity in the short term but quickly fell back. For a volume of 1.5 billion USD, it seems more like a money laundering test.
🚦Today's overall content is still mainly focused on security topics, and the overall market volatility is not significant. Prices remain in low-level fluctuations, and caution is advised. This is still a garbage time for the market, with no hot sectors emerging and no large amounts of over-the-counter funds flowing in.
Mainstream Market 🌠
1: #BTC☀ The market trend over the weekend is not very healthy; the decline of Bitcoin indicates that market liquidity is indeed exhausted. Previously, altcoins were lacking liquidity, and now Bitcoin is in a similar situation.
2: #ETH Under the continued favorable buying on Bybit, Ethereum was the only strong coin last night. After a spike to 2850 at 7 AM, it followed Bitcoin's decline and exhibited a doomsday vehicle trend, with the market continuing to experience FUD. BEN tweeted that Bybit has compensated for all ETH gaps.
Hot Events 🔥
1: Stablecoin Digital Bank #infini was attacked; Infini lost 49.5 million USD. The founder @Christianeth also stated that the involved engineer has been located and controlled, and the police have been notified. @DujunX also said that the overall issue is not significant and is willing to provide 5-10M, wanting to invest in Infini.
Hacker Address 0x3ac96134fb0e42a52d33045aee50b89790f05ed, and funds have been gradually exchanged for DAI and ETH.
🚦With the continuous rise in cryptocurrency market value, a large number of hackers are targeting the crypto market, which is also one of the main reasons for the frequent hacker incidents. The security sector remains a pain point in the current industry. I think this is a great entrepreneurial avenue and is very suitable for our Chinese entrepreneurial teams.
2: North Korean 🇰🇵 hackers released two money laundering tokens “Qin Shi Huang” and “Terracotta Warrior.” Both showed rapid market activity in the short term but quickly fell back. For a volume of 1.5 billion USD, it seems more like a money laundering test.
🚦Today's overall content is still mainly focused on security topics, and the overall market volatility is not significant. Prices remain in low-level fluctuations, and caution is advised. This is still a garbage time for the market, with no hot sectors emerging and no large amounts of over-the-counter funds flowing in.
Infini strengthens security—your transactions stay seamless!
$BTC
🚨 Infini Responds to Security Concerns Amid Vulnerability Reports 🚨
Digital bank Infini has acknowledged recent security vulnerability reports and is actively working to enhance system security.
💡 Key Updates:
🔹 A dedicated team is investigating and reinforcing security measures.
🔹 No impact on operations – all transactions, including deposits, withdrawals, and payments, remain fully functional.
🔹 Ensuring the safety of user funds and data is a top priority.
Stay updated and trade with confidence. #Infini #CryptoSecurity #Binance #TrendingTopic #Write2Earn
$BTC
🚨 Infini Responds to Security Concerns Amid Vulnerability Reports 🚨
Digital bank Infini has acknowledged recent security vulnerability reports and is actively working to enhance system security.
💡 Key Updates:
🔹 A dedicated team is investigating and reinforcing security measures.
🔹 No impact on operations – all transactions, including deposits, withdrawals, and payments, remain fully functional.
🔹 Ensuring the safety of user funds and data is a top priority.
Stay updated and trade with confidence. #Infini #CryptoSecurity #Binance #TrendingTopic #Write2Earn
Infiny: 🥷 Hack or Insider Theft?
Hong Kong-based payment platform Infini lost nearly $50M USDC on Feb 24. Initially reported as a hack, the project now accuses its own developer of stealing the funds by transferring them from a multi-signature wallet to his personal account. 👀
Infini also fears he may gamble away the stolen assets. 🎲💸
Another reminder to always secure admin privileges in crypto projects! 🔐
#infini
Infini also fears he may gamble away the stolen assets. 🎲💸
Another reminder to always secure admin privileges in crypto projects! 🔐
#infini
Just two days after the $1.4B Bybit hack, Hong Kong-based stablecoin neobank #infini lost $49M.
The attacker exploited admin privileges to drain $USDC , swapping it for $ETH via Tornado Cash.
Infini’s founder says users will be compensated.
#InfiniHack
The attacker exploited admin privileges to drain $USDC , swapping it for $ETH via Tornado Cash.
Infini’s founder says users will be compensated.
#InfiniHack
Infini is a decentralized finance (DeFi) platform that aims to provide a seamless and secure experience for users to lend, borrow, and yield farm cryptocurrencies. Here are some key details about the Infini platform:
Aim
The primary aim of Infini is to create a decentralized, trustless, and permissionless lending protocol that allows users to lend and borrow cryptocurrencies in a secure and efficient manner.
Functions
Infini offers several key functions:
1. Lending: Users can lend their cryptocurrencies to borrowers in exchange for interest.
2. Borrowing: Users can borrow cryptocurrencies from lenders, with the option to repay the loan with interest.
3. Yield Farming: Users can participate in yield farming by providing liquidity to the platform and earning rewards in the form of INFI tokens.
4. Decentralized Governance: Infini operates on a decentralized governance model, allowing users to participate in decision-making processes through voting.
Key Features
Infini boasts several key features:
1. Decentralized Architecture: Infini operates on a decentralized architecture, ensuring that users have full control over their assets.
2. Multi-Chain Support: Infini supports multiple blockchain networks, including Ethereum, Binance Smart Chain, and Polygon.
3. Low Fees: Infini offers low fees compared to other DeFi platforms, making it an attractive option for users.
4. High Liquidity: Infini provides high liquidity, ensuring that users can easily buy and sell assets on the platform.
Tokenomics
Infini has its own native token, INFI, which is used for various purposes within the ecosystem:
1. Governance: INFI tokens are used for governance, allowing holders to participate in decision-making processes.
2. Rewards: INFI tokens are distributed as rewards to users who participate in yield farming and provide liquidity to the platform.
3. Fees: INFI tokens are used to pay fees on the platform, including borrowing and lending fees.
#infini #DEFİ
Aim
The primary aim of Infini is to create a decentralized, trustless, and permissionless lending protocol that allows users to lend and borrow cryptocurrencies in a secure and efficient manner.
Functions
Infini offers several key functions:
1. Lending: Users can lend their cryptocurrencies to borrowers in exchange for interest.
2. Borrowing: Users can borrow cryptocurrencies from lenders, with the option to repay the loan with interest.
3. Yield Farming: Users can participate in yield farming by providing liquidity to the platform and earning rewards in the form of INFI tokens.
4. Decentralized Governance: Infini operates on a decentralized governance model, allowing users to participate in decision-making processes through voting.
Key Features
Infini boasts several key features:
1. Decentralized Architecture: Infini operates on a decentralized architecture, ensuring that users have full control over their assets.
2. Multi-Chain Support: Infini supports multiple blockchain networks, including Ethereum, Binance Smart Chain, and Polygon.
3. Low Fees: Infini offers low fees compared to other DeFi platforms, making it an attractive option for users.
4. High Liquidity: Infini provides high liquidity, ensuring that users can easily buy and sell assets on the platform.
Tokenomics
Infini has its own native token, INFI, which is used for various purposes within the ecosystem:
1. Governance: INFI tokens are used for governance, allowing holders to participate in decision-making processes.
2. Rewards: INFI tokens are distributed as rewards to users who participate in yield farming and provide liquidity to the platform.
3. Fees: INFI tokens are used to pay fees on the platform, including borrowing and lending fees.
#infini #DEFİ
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The value of cryptocurrency hacking operations increased to $1.6 billion in Q1 2025
Losses from cryptocurrency hacks rose to $1.63 billion in the first quarter of 2025, according to the 'Peak Shield' report, with the 'Bybit' breach accounting for 92% of the total stolen.
The amount stolen was $87 million in January, and surged to $1.53 billion in February due to this attack, which is considered one of the largest recorded incidents.
In February, other attacks caused losses of $126 million, including $50 million stolen from 'Infini', $9.5 million from 'zkLend', and $8.5 million from 'Ionic'.
The thefts sharply declined in March to $33 million, which is 97% lower than February, with some funds being recovered.
The first quarter of 2025 saw a 131% increase in thefts compared to the same period in 2024, which recorded $706 million.
Among the notable incidents in March was the hacking of the 'Abracadabra.Money' platform and the theft of 6,260 Ethereum ($13 million), in addition to an attack on 'Zoth' worth $8.4 million.
Despite these thefts, some assets were recovered.
On March 7, a hacker who seized $5 million from the '1inch' platform returned 90% of the funds and accepted a reward of $500,000.
#infini #InfiniHack
#hacking #HackingAttacks
Losses from cryptocurrency hacks rose to $1.63 billion in the first quarter of 2025, according to the 'Peak Shield' report, with the 'Bybit' breach accounting for 92% of the total stolen.
The amount stolen was $87 million in January, and surged to $1.53 billion in February due to this attack, which is considered one of the largest recorded incidents.
In February, other attacks caused losses of $126 million, including $50 million stolen from 'Infini', $9.5 million from 'zkLend', and $8.5 million from 'Ionic'.
The thefts sharply declined in March to $33 million, which is 97% lower than February, with some funds being recovered.
The first quarter of 2025 saw a 131% increase in thefts compared to the same period in 2024, which recorded $706 million.
Among the notable incidents in March was the hacking of the 'Abracadabra.Money' platform and the theft of 6,260 Ethereum ($13 million), in addition to an attack on 'Zoth' worth $8.4 million.
Despite these thefts, some assets were recovered.
On March 7, a hacker who seized $5 million from the '1inch' platform returned 90% of the funds and accepted a reward of $500,000.
#infini #InfiniHack
#hacking #HackingAttacks
#InfiniHacked
Infini hacked
Crypto-focused
neobank Infini
was reportedly hacked
for $49.5
million on
February 24, 2025.
The stolen funds were swapped for DAI and used to purchase ETH.
CertiK flagged suspicious activity on the same day at 3:18 am UTC, noting
unauthorized transfers from an Infini-related contract on Ethereum
#ETH
The hacker granted themselves special access to an account and withdrew
49.5 million USD Coin (USDC). Following the hack, Infini's co-founder
assured customers that they would receive reimbursements.
The incident raises questions regarding private key management and smart
contract security.
Infini, launched in 2024, positions itself as a bridge between traditional banking
and cryptocurrency finance, offering stablecoin transactions and
yield-generating accounts.
#Write2Earn
#infini
#Hack
Infini hacked
Crypto-focused
neobank Infini
was reportedly hacked
for $49.5
million on
February 24, 2025.
The stolen funds were swapped for DAI and used to purchase ETH.
CertiK flagged suspicious activity on the same day at 3:18 am UTC, noting
unauthorized transfers from an Infini-related contract on Ethereum
#ETH
The hacker granted themselves special access to an account and withdrew
49.5 million USD Coin (USDC). Following the hack, Infini's co-founder
assured customers that they would receive reimbursements.
The incident raises questions regarding private key management and smart
contract security.
Infini, launched in 2024, positions itself as a bridge between traditional banking
and cryptocurrency finance, offering stablecoin transactions and
yield-generating accounts.
#Write2Earn
#infini
#Hack
$49.5M STABLECOIN HEIST 😱 INSIDER JOB EXPOSED!
Stablecoin bank Infini suffered a massive $49.5M hack, reportedly linked to an insider who retained admin rights. The attacker swapped stolen $USDC for 17,696 $ETH before moving the funds. Infini’s founder pledged full compensation, while authorities track the culprit.
Meanwhile, Bybit’s $1.46B hack triggered a $6.7B bank run, fueling fears of another FTX-style collapse. However, experts praise Bybit’s swift crisis management, contrasting it with past exchange failures.
#CryptoHack #infini #bybit #blockchain #CyberSecurity
Stablecoin bank Infini suffered a massive $49.5M hack, reportedly linked to an insider who retained admin rights. The attacker swapped stolen $USDC for 17,696 $ETH before moving the funds. Infini’s founder pledged full compensation, while authorities track the culprit.
Meanwhile, Bybit’s $1.46B hack triggered a $6.7B bank run, fueling fears of another FTX-style collapse. However, experts praise Bybit’s swift crisis management, contrasting it with past exchange failures.
#CryptoHack #infini #bybit #blockchain #CyberSecurity
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😡Infini Stablecoin Bank Hacked, 49.5 Million USDC Lost
Infini has once again become the victim of a severe hack, resulting in a loss of 49.5 million USDC. According to Wu Blockchain, assets in Infini's USDC Vault were transferred twice due to a private key leak. After stealing the USDC, the hacker swapped it for DAI and purchased 17,696 ETH before transferring it to a new wallet.
38 minutes ago, Infini posted on X that:
"We have acknowledged reports of a security breach affecting Infini and sincerely apologize for the concerns this has caused. Our team is working tirelessly to investigate and ensure the safety of the entire system.
Currently, all transactions, deposits, withdrawals, and payments continue to operate normally and without interruption.".
In addition, Infini's founder, Christian, has committed to compensating users 100% if the project is unable to recover the assets.
This incident occurs in the wake of the aftermath of the Bybit hack worth 1.4 billion USD, which has not yet settled. However, the CEO of Bybit confirmed that they have reclaimed 1.2 billion USD in ETH in just over 2 days thanks to the cooperation of industry organizations, providing hope that Infini may also recover some of the lost assets.
#infini #bybit
Infini has once again become the victim of a severe hack, resulting in a loss of 49.5 million USDC. According to Wu Blockchain, assets in Infini's USDC Vault were transferred twice due to a private key leak. After stealing the USDC, the hacker swapped it for DAI and purchased 17,696 ETH before transferring it to a new wallet.
38 minutes ago, Infini posted on X that:
"We have acknowledged reports of a security breach affecting Infini and sincerely apologize for the concerns this has caused. Our team is working tirelessly to investigate and ensure the safety of the entire system.
Currently, all transactions, deposits, withdrawals, and payments continue to operate normally and without interruption.".
In addition, Infini's founder, Christian, has committed to compensating users 100% if the project is unable to recover the assets.
This incident occurs in the wake of the aftermath of the Bybit hack worth 1.4 billion USD, which has not yet settled. However, the CEO of Bybit confirmed that they have reclaimed 1.2 billion USD in ETH in just over 2 days thanks to the cooperation of industry organizations, providing hope that Infini may also recover some of the lost assets.
#infini #bybit
"Infini secures a legal win—Hong Kong paves the way for a crypto-friendly future!"
🚀 Major Breakthrough for Infini in Hong Kong Legal Case! 🇭🇰
The founder of Infini, a stablecoin-focused digital bank, has announced a significant legal milestone in Hong Kong. He commended the swift response of authorities and highlighted the region’s progressive approach to digital assets.
💡 Key Highlights:
✅ Legal confirmation of Infini’s ownership over previously stolen assets.
✅ Demonstrates Hong Kong’s pro-crypto legal environment.
✅ Anticipation of further positive developments.
This case reinforces the growing legitimacy of digital assets in regulated jurisdictions. Stay updated for more insights! 🔥
#CryptoUpdate #Infini #solana #blockchain #HongKong #CryptoLaw
🚀 Major Breakthrough for Infini in Hong Kong Legal Case! 🇭🇰
The founder of Infini, a stablecoin-focused digital bank, has announced a significant legal milestone in Hong Kong. He commended the swift response of authorities and highlighted the region’s progressive approach to digital assets.
💡 Key Highlights:
✅ Legal confirmation of Infini’s ownership over previously stolen assets.
✅ Demonstrates Hong Kong’s pro-crypto legal environment.
✅ Anticipation of further positive developments.
This case reinforces the growing legitimacy of digital assets in regulated jurisdictions. Stay updated for more insights! 🔥
#CryptoUpdate #Infini #solana #blockchain #HongKong #CryptoLaw
$XRP all these bear, decline comments and technical analysis… didn’t you see the news out there? It’s about infini, stop those bull…, I mean bear shieet!$BTC $ETH #infini #ThinkSmartHODL
🚨 Infini Crypto Bank Hacked for $50M!
Hackers just drained $50M from Infini, according to SpotOnChain. While it’s nowhere near Bybit’s $1.4B disaster, the trend is getting scary. 😬
Another day, another crypto hack—who’s next? 🔥
#InfiniHacked #InfiniCryptoBank #Infini
Another day, another crypto hack—who’s next? 🔥
#InfiniHacked #InfiniCryptoBank #Infini
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💥 Cyberattack on Infini: Minus $49 million! 💸💻
🕵️♂️ Hackers are on the hunt again! This time, the Hong Kong payment platform Infini was hit. The result? 49,000,000 USDC disappeared as if they had never been! 🚀💰
💡 Infini is one of the key platforms in Hong Kong, and now it has become the victim of one of the largest attacks this year. The hackers worked lightning fast ⚡, leaving developers wondering, "How did this happen?" 🤔
❓ Why is this important?
1. New risks for DeFi platforms 🔐
2. Users are losing trust 💔
3. The market is in shock again 📉
I wonder if at least some of the funds will be returned? 🤨 Or are hackers already enjoying their millions somewhere in the shadows of the network? 🌐💵
💬 Do you store your assets on platforms or do you prefer cold wallets? ❄️💼
#Infini
#Blockchain
#CyberAttack
#Security
#CryptoNews
🕵️♂️ Hackers are on the hunt again! This time, the Hong Kong payment platform Infini was hit. The result? 49,000,000 USDC disappeared as if they had never been! 🚀💰
💡 Infini is one of the key platforms in Hong Kong, and now it has become the victim of one of the largest attacks this year. The hackers worked lightning fast ⚡, leaving developers wondering, "How did this happen?" 🤔
❓ Why is this important?
1. New risks for DeFi platforms 🔐
2. Users are losing trust 💔
3. The market is in shock again 📉
I wonder if at least some of the funds will be returned? 🤨 Or are hackers already enjoying their millions somewhere in the shadows of the network? 🌐💵
💬 Do you store your assets on platforms or do you prefer cold wallets? ❄️💼
#Infini
#Blockchain
#CyberAttack
#Security
#CryptoNews
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