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Justin Sun Highly Recommends Protecting Tron Crypto Wallet with Non-SMS-Based 2FA After Jack Dorsey’s Twitter Page Got Highjacked

  • Yuri Molchan
    📰 News

    After Jack Dorsey’s Twitter page was compromised, the Tron CEO makes a recommendation that all crypto users protect their wallets with a non-SMS-based 2FA

Justin Sun Highly Recommends Protecting Tron Crypto Wallet with Non-SMS-Based 2FA After Jack Dorsey’s Twitter Page Got Highjacked
Cover image via www.123rf.com
Contents

As per the Washington Post article, on Friday, August 30, the Twitter page of Jack Dorsey, the founder of the social network, was highjacked. The hacker posted curse words on this Twitter page but then the tweets were removed and the page suspended.

The hacker got access to Dorsey’s account through a SIM card swap and used SMS messages from it to gain control of the account.

Now, Tron’s founder Justin Sun is urging his followers to change their 2FA from SMS to an app such as Google Authenticator to prevent crypto wallets and accounts on Twitter from being highjacked.

‘Security oversight by mobile provider’

After gaining control of Jack Dorsey’s page, the culprit started posting texts made up of curse words, thus showing that even accounts of high-profile users are not entirely safe.

Twitter commented on the situation, saying that the trouble was caused by a ‘security oversight by mobile provider’, which allowed the guilty parties to make a SIM card swap.

Image by Twitter
Image by Twitter

Jack Dorsey’s Twitter account has more than 4 million followers who read the messages made up of offensive language. However, those were removed within an hour.

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Justin Sun trying to save his followers their crypto

Last year, the crypto baron John McAfee also lost control of his Twitter account for a short while.

The news was spread on Twitter with Justin Sun being just one of many who spoke about it.

In the comment thread, one Twitter user explained that a SIM-card swap is very easy to make and reminded that the safest option is to store crypto on cold wallets which have no constant Internet connection.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • Yuri Molchan
    📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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