Submitted by grawlings on Wed, 10/25/2017 - 16:38
The US-based cryptocurrency exchange service Poloniex, which happens to be the largest exchange service in the world with over a hundred types of cryptocurrencies available for trading/buying, has been in the news lately for all the wrong reasons.
In August 2017, we reported that a security researcher managed to bypass the 2FA (two-factor authentication) process at Poloniex. Using Reddit handle Poloniex2FASucks the researcher revealed that he waited for 60 days for the company to respond and fix the issue but ultimately sold the vulnerability.
