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As Bitcoin Week kicks off in Miami today, we are reminded the rise of cryptocurrencies is revolutionizing the financial landscape and providing individuals with unprecedented control over their digital assets. The post Strengthening Crypto AccountSecurity: Beyond SMS 2FA appeared first on Security Boulevard.
Once hijacked a SIM, the attackers can steal money, cryptocurrencies and personal information, including contacts synced with online accounts. The criminals could hijack social media accounts and bypass 2FA services based on SMS used by online services, including financial ones. . .”
We have seen several high-profile accounts that were taken over on X (formerly Twitter) only to be used for cryptocurrency related promotional activities, like expressing the approval of exchange-traded funds (ETFs). The latest victim in this line-up is the Securities and Exchange Commission (SEC).
Cryptocurrency: don’t mistake scams for real deals One of last year’s most sensational stories was the cryptocurrency game Hamster Kombat. The growing anticipation for the new cryptocurrency’s market launch was frequently exploited by cybercriminals to steal seed phrases from crypto wallets.
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