25 Apr '14, 8pm

Coinbase Now Requires Two Factor Authentication For Certain Actions #bitcoin

Coinbase Now Requires Two Factor Authentication For Certain Actions #bitcoin

Coinbase now requires two-factor authentication (also known as 2FA) for certain transactions and changes to an account. The one primarily dealt with in their blog post, seen here , is sending more than $100 of Bitcoin in a day. They also list the following scenarios as requiring 2FA before the action can be completed: Recurring sends Enabling/disabling your API key Changing your password Changing phones on your account Changing your Google Authenticator settings Changing your SMS pin number What does this mean for Coinbase users? Nothing but good things, fortunately. Putting another layer between an attacker/scammer and your BTC is always a great thing to do. It can be a hassle for some users, but ultimately it is like putting your money in a locked deposit box versus a vault. The locked deposit box stores only your items, and is in a locked room itself. The vault is well ...

Full article: http://bitcoinblogger.com/coinbase-now-requires-2fa-certa...

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