Poloniex to Require 2k Confirmations for BTN Transactions

The exchange hadn't warn users on the new temporarily requirements
13 November 2018   896

Due to the instability of the Bytecoin network, the Poloniex exchange temporarily requires 2000 confirmations to carry out this cryptocurrency transactions. It was reported by the CCN reporter, who tried to transfer funds to the exchange in order to convert into BCHABC and BCHSV tokens, which appeared in the listing on the eve of the sensational hardfork in the Bitcoin Cash network.

In the Bytecoin network, a standard number of confirmations is considered to be 10. This already exceeds the performance of most digital assets.

After waiting 10 hours, the reporter contacted to technical support and received confirmation that the exchange, without informing its users, introduced significant restrictions for Bytecoin holders. Taking into account that Bitcoin Cash hardfork will take place on November 15, and the deposit may take up to 3.5 days, now the user may not have time to carry out his original plan.

Poloniex Users Credentials May be Leaked

Exchange said that some Twitter user published a list of emails and passwords for accounts, which forced the exchange to reset passwords
30 December 2019   252

One of the users of the Poloniex exchange posted on Twitter a screenshot of a dubious letter allegedly from a support service. In it, the site reported that it had reset the existing password, and asked to install a new one. It turned out the letter is real.


Poloniex reported that a certain Twitter user published a list of e-mails and passwords for accounts, which forced the exchange to act in this way.

Most emails are allegedly not owned by users of the site, according to the support service, but they decided to take precautions.

One of the profile telegram channels has already confirmed that some traders were not able to access their old passwords. There is also an assumption that the database contains only data for accounts no younger than 2015.