Re:Tether Critical Announcement
by mancerayder on Tuesday November 21, 2017 @12:22PM
(#15749550)
Ah, so people just yank money out by sending it to some wallet. Makes sense.
Are there any ways to make coinbase safer other than a very secure password?
Re:Tether Critical Announcement
by massaman_yams on Tuesday November 21, 2017 @12:52PM
(#15749917)
Software-based 2FA, rather than SMS-based.
Re:Tether Critical Announcement
by mancerayder on Tuesday November 21, 2017 @01:15PM
(#15750158)
You mean Google Authenticator? I have this enabled in addition to SMS.
Re:Tether Critical Announcement
by massaman_yams on Wednesday November 22, 2017 @12:27PM
(#15758583)
Right. See if you can disable SMS-based 2fa and only use the app.
On the account draining -- well, there's a latency in setting up new bank accounts there. So I'm surprised it's that easy to just yank money out.
Although I did notice there's no account verification. For example, on Vanguard or other platforms they do a small deposit of a few cents and ask you to verify the payment amounts, a process which has a latency of a day or two.