In the linked article, a BitGo engineer describes in detail how $100,000 worth of crypto was stolen from his Coinbase account using his phone number! Via a SIM porting attack, an adversary can call up your mobile carrier and (pretty easily) get your phone number switched to their device. Then, by using the common password reset feature of most online accounts, the attacker can take control of any account linked to your email and not secured by 2FA. A MUST READ on how to better protect your online activities!
These are my thoughts on planning high-value or long-term crypto storage in light of the new critical bugs discovered with the Ledger Nano devices and what they imply for hardware wallet security.
Mark Frauenfelder details how he lost $30K in Bitcoin. Lessons to be learned from his experience.
Actual customer story: He had a lot of bitcoin on his wallet, he protected his wallet against thieves, but he forgot one important thing: His kids!
Bitcoin is climbing rapidly! Many customers are getting in for the first time or increasing their holdings. Now is the time to think about how to keep those bitcoin you purchased safe.
Please be aware – DO NOT OPEN ATTACHMENTS FROM SOURCES YOU DO NOT KNOW- TRUST.
Malware / Ransomware Alert
While viruses, malware, Trojans, and ransomware have existed for decades, we have become aware of a series of new and highly destructive ransomware attacks that are on the rise.