PANews reported on February 25 that according to official news, the stablecoin digital bank Infini released an update on funds and operations, stating that Infini’s funds are currently stored in the Cobo Custodian wallet. All Infini card functions: transfers, deposits, withdrawals and payments are operating normally.

Infini also stated that the team is working hard to ensure the maximum security of the Infini Earn function. This process is expected to take 3-4 weeks, during which time the distribution of earnings will be temporarily suspended. It will be updated as soon as possible when Infini earnings are restored.

Regarding the hacking incident, it said: "The Infini team is also actively working with legal authorities and SlowMist to investigate this hacking attack. We are making good progress. Once there is an update, we will share it with everyone as soon as possible."