June 15, 2021

Poloniex Bitcoin Exchange Denies Data Leakage Information

Poloniex has denied information about the leak of user data. Representatives of the exchange said they decided be safe and sent letters asking to change passwords only 1% of users.

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“We confirm that there was no data leak with Poloniex, and our actions were a quick response to an external threat”, - representatives of the trading platform emphasized.

The company noted that only some “potentially vulnerable” users who use identical or similar data in different services have reset their passwords.

“Now we can confirm that neither the list nor the information contained in it were taken from Poloniex”- says the blog.

The company also emphasized that their passwords are not stored in plain text, but using the bcrypt protected function.

“About 90% of the passwords listed are in the haveibeenpwned.com vulnerable account database, - representatives of the trading platform added. - If you have a Poloniex account and you have not receivedappropriate letter, you can be sure that your email address was not on the list. Less than 5% of the addresses from the published list were linked to exchange accounts ”

Recall that after the list of email addresses and passwords for accounts appeared on the network, Poloniex sent some users letters about resetting passwords.