$225 million in Ether StolensteemCreated with Sketch.

in #ethereum7 years ago

John Walsh at MoNage Conference: Ethereum bandits stole $225 million this year. MetaCert is a great answer to protect mobile users.

Biggest takeaway: IMMEDIATELY stop using your phone number and SMS for 2-factor authentication. Use Google Authenticator (or Authy).

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https://t.co/9KJGRxlKVQ

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@thoughtchain good post - just a shame that this causes certain people to lose faith in the blockchain/cryptos.

Important to remember that this is a lot less than hacking centralised accounts and most cryptos are lost via forgotten passwords!!

Check out my latest blog on EOS, would be interested in hearing your thoughts.

Upvoted.

Alex

Google Authenticator is the best and safest way for authentication. But never will top hardware wallet.