Too Long; Didn't Read
I read a story by Quin Chen on CNBC today “<a href="https://www.cnbc.com/2017/11/02/heres-how-to-protect-your-bitcoin-and-ethereum-from-hacking.html" target="_blank">This is how you can protect your cryptocurrencies from hackers”</a>. I’m writing this post in response to that, in the hope that I can help better educate people about what’s really happening in regards to SIM “hijacking”. And I’m hoping we can open a dialog with crypto wallets and exchanges in the hope they come up with a better solution to this problem. While Coinbase may not have experienced a hack, its customers face losing their money everyday.