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Research: Cryptocurrency exchanges have pretty weak password security

March 22, 2018

Paranoid cryptocurrency traders might want to go the extra mile and set up an even stronger password than their preferred exchange desk suggests. New research indicates that most exchanges in the blockchain space allow users to create accounts with poorly secured passphrases.

Password manager app Dashlane examined the password protocols of 35 leading cryptocurrency exchange desks and discovered over 70 percent of these companies let users secure their accounts with inadequate passwords.

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