Cryptocurrency portfolio site and app Blockfolio.com has announced a new and detailed data and privacy statement to address the recent wave of concern on how Blockfolio uses the information entered into its app.

“We take the privacy of our users very seriously, and we want to assure all of you that your data is safe and secure,” the company statement read.

The company confirmed that there is no ‘snooping’ on its customers and that the data is transmitted between the app and its servers, so that services can be provided. Also, the company clarified that it is not a wallet and the app does not hold any tokens for users, nor any keys.

The company fixed an issue with insecure API calls on Android after receiving compliant from a user.

“A reddit poster pointed out that our API calls were not making use of HTTPS/SSL. We immediately checked, and unfortunately found this to be true. While we do use HTTPS on iOS, we somehow overlooked this on Android. Our Android codebase is being deprecated and we did not put the required focus on this during our recent rapid growth. There is no excuse; this was a mistake and not at all up to industry standards. We owe our Android users a big apology. This issue has now been corrected,” the company announcement stated.

The company has used a physical device ID to offer its services. Blockfolio associates users holdings, trades, price alerts, and other data with their device ID, which is associated with user’s physical device. This ID does not provide any personal information to Blockfolio, it’s just a random string of numbers and letters.

The team stated that it is planning to offer ‘accounts’ in the future release in order to accommodate users who want to have the ability to back up, recover, and sync their portfolios.