Poloniex Exchange is Under Threat of Email Leak

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Looks like Poloniex crypto exchange is suffering data breach as the exchange recently requested its users to reset their password and account security.

Poloniex Confirms Data Leak

Tweeting on December 30, a Twitter account dubbed “Charly” posted a screenshot of an email purportedly received from Poloniex crypto exchange. Charly notes it as “scam email” to which Poloniex crypto exchange replied by confirming “this is a real email”. The message mentioned in screenshot reads as;

A couple of hours ago we discovered that someone leaked a list of email addresses and passwords on Twitter, claiming the information could be used to log in to Poloniex accounts. While almost all of the email addresses listed do not belong to Poloniex accounts, we are forcing a password reset on any email addresses listed that do have an account with us including yours.

What suggested as a scam email quickly turned out to be true following Poloniex’s customer support response. Notably, the exchange confirmed that the email was indeed real and requested users to reset their password for account security.

At the moment, it is unclear the amount of data leaked on Twitter, in fact, additional information about who leaked the data and when it was leaked remained hidden. More so, what causes the breach of email data is still unclear.

The exchange captured mainstream bulletins when the Tron boss “Justin Sun” reportedly invested in Poloniex. Furthermore, the investment made in a wake of exchange parted away from the crypto conglomerate Circle. The exchange has a quite dull remark in the crypto industry when hackers breached the servers of Poloniex.

The update comes in a wake of Justin Sun’s new acquisition of DLive, a blockchain-based live streaming platform. Following the acquisition, DLive will work together with the BitTorrent “to bring blockchain-based peer-to-peer content sharing including live streaming, to everyone”. DLive exists in the blockchain ecosystem since 2018 and surged in popularity when a YouTube star PewDiePie signed a deal with DLive.

Tabassum Naiz: Tabassum is an enthusiastic author, web geek, writer & digital marketer, with experience writing for tech, digital, and cryptocurrency blogs.