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BitMEX squashes hack FUD after ‘trolls’ take over Twitter account


So far, it’s been one hell of a day for BitMEX, a leading Bitcoin derivatives platform. The platform first fell victim to “software error,” thereby exposing the email address of most of its user base. To add on to their plight, the platform tweeted the word ‘hack,’ immediately followed by another tweet stating ‘Take your BTC and run. Last day for withdrawals.’

Source: Twitter
Source: Twitter

To further aggravating the situation, the withdrawals on the platform has currently been disabled. Despite the turn of events, BitMEX has assured its users that all is well in its crypto-land. Even some crypto-influencers spoke about the event on their social media handle to ensure that there was no unnecessary panic.

On the ‘hack’ tweet, BitMEX said,

“We would like to reassure our users that while the trolls may target our Twitter account, you may rest assured that all funds are safe.”

While for the withdrawal issue that was bought up on Twitter, crypto-influencers like Alistair Milne and WhalePanda have reassured that it applies only to those account that changed passwords, considering the email addresses debacle.

Earlier today, BitMEX released an official statement on its Twitter handle on the privacy of users’ email addresses. The Bitcoin derivatives platform had sent across a notice to all the users, but had failed to list the email IDs in BCC, thereby revealing the email addresses of several users. This, in turn, resulted in several people advising that it would be in their best interest to change their email addresses altogether or enable 2FA. A notice from other exchanges was also followed, asking users to change their addresses on their platform if it was the same for both the exchanges.

One of the leading exchanges, Bitfinex said,

“A major privacy breach at another crypto exchange has resulted in the email addresses of its users being made public. If you may have been affected and have a Bitfinex account under the same email address, we advise that you request an email change”

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