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Debate over 2FA using SMS after sim-swapping victim sues Coinbase

The crypto community is debating whether SMS two-factor authentication (2FA) should ever be used for account security following news that a Coinbase customer is suing the cryptocurrency exchange for $96,000.On Mar. 6 Jared Ferguson filed a lawsuit against Coinbase in the United States District Court for the Northern District of

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Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’ – Featured Bitcoin News

Cryptocurrency exchange Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address they may want to cancel. Massive Phishing Scam Targeting Crypto Investors Binance CEO Changpeng Zhao (CZ) tweeted Friday: There is a

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Scam alert! Binance CEO warns users of massive SMS phishing scam

Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers.Tweeting on Friday, CZ alerted users of a phishing scam campaign directed at Binance users through SMS.There is a massive Phishing scam via SMS with a link to cancel withdrawals. It leads

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Indians opt for state-run blockchain platform amid bulk SMS regulations

The Telecom Regulatory Authority of India (TRAI) established messaging regulations that require scrubbing consumer communication messages to ensure that the receiver of the message has opted in for such interactions. The drive is supported by BSNL DLT, a content verification platform built on ledger-based blockchain protocols.As the SMS regulation is

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