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Mark Kreitzman of Efani: Protect Your Bitcoin From SIM Swaps and Cyber Hacks

Coin Stories

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Cybersecurity Risks and SIM Swaps in Cryptocurrency Storage

This chapter delves into the vulnerabilities individuals face when storing Bitcoin and other cryptocurrencies, focusing on cyber hacks and SIM swaps. It discusses the complexities of tracking Bitcoin transactions and how hackers target not only crypto accounts but also personal data like emails and iCloud. The conversation emphasizes the risks associated with SMS authentication and the advantages of using authenticator apps for optimal security in safeguarding sensitive accounts.

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