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RE: What is U2F? If You Use Text Messaging As Your Two Factor Authentication For Coinbase/Gmail, You Need To Read This Now
Resteeming for the importance of this! It's a little technical for the average person, but definitely worth a read! That's how big YouTubers got their accounts hacked too. Verizon and ATT screwed over a bunch that way :P
Here is a real-life story of a few days ago about the same matter in this article in a step by step horror that happened to a young guy - by using 2 step sms:
https://steemit.com/bitcoin/@sensatus/if-you-have-a-coinbase-account-beware-spread-the-word-fellow-steemians-and-cryptotraders
It is unbelievable. I never knew of a sms phone swap, but seems it is not that uncommon.