Infini Stablecoin Bank: Operations Normal, Security Enhancements Underway

Infini, a stablecoin digital bank, has provided an update on its funding and operations. The company announced that its funds are currently held in the Cobo Custodian wallet, and all Infini Card features, including transfers, deposits, withdrawals, and payments, are functioning as expected.

The Infini team is actively working to ensure the maximum security of the Infini Earn feature. This process is expected to take 3-4 weeks, during which profit distribution will be temporarily suspended. The team will provide updates as soon as the Infini earnings resume.

The Infini team is also cooperating with legal authorities and SlowMist to investigate a recent hack. The investigation is making good progress, and the team will share updates as soon as they become available.