Latest News Protect Your Crypto Account with 2FA By AtoZcrypto Posted on November 23, 2022 3 min read 0 2 31 Hacks in Crypto are becoming more prevalent and hackers have grossed over $3 billion across 125 hacks in 2022 so far. Hackers are becoming more sophisticated and at this rate, this year could potentially surpass 2021 in total value hacked. Statistically, the trend of crypto hacks is on the rise, and now is never a better time to start taking immediate action and fortifying the security of your assets, before it’s too late. If you have not bound your acocunt with the 2-Factor Authentication (2FA), we would like to remind you to activate it ASAP, which is to better protect your account and assets. How to protect your account with 2FA? Setting up 2FA is an easy process that takes no more than a few minutes to enhance the overall security of your assets. We strongly recommend our users to enable the 2FA immediately after logging in. Here are a few measures you can take. 1. Step up 2FA on Matrixport Step 1: Go to account security settings within your Matrixport App Step 2: Click on “Google Auth” Step 3: Click on continue to start the process Please remember to also save the backup key of your Google Authentication in a safe place. In the event that you lose your phone, this backup key will be used to restore your 2FA information or you won’t be able to log in without a 2FA code. Once you have Google authentication installed on your phone, the final step is to verify it with an SMS code and a 6-digit code which is retrieved by opening up the Google Authenticator. After verification, the 2FA will be successfully enabled on the Matrixport App and you can now have greater peace of mind over the security of your assets. 2. Set up 2FA on your email account 3. Use strong passwords 4. Protect yourself from phishing attacks For more details, please refer to Matrixport Blog.