Everyone is concerned about online security, convenience, and other features of cloud-enabled platforms. Cloud syncing can help you maintain security across multiple devices and platforms, but inadequate security provisions are risky and can make you more vulnerable to online attacks. The recent update to Google Authenticator requires extra caution, especially regarding the safety of your crypto assets and other online valuables.
Google Authenticator enhances online security as a two-factor authentication (2FA) application, creating a virtual shield around your online accounts. When attempting to log in to such accounts, the app sends a time-based one-time password (OTP) to your mobile device. Successful login requires the verification of the generated OTP.
Thus, Google Authenticator excels in the following areas:
Google Authenticator significantly complicates attempts to breach online accounts. When you integrate any of your accounts with the app, every attempt to log in to these accounts would require your approval. As the app is installed on your mobile device, only you can authorize logins. Without entering the generated OTP, which Google sends exclusively to the device that has the app installed, login attempts will fail.
Google Authenticator functions both online and offline. After activating the app on an account using a QR code or secret key provided by Google, the app automatically generates OTPs. Therefore, you don’t need to be connected to the internet all the time to use the app. The randomly generated code digits, valid for 30 to 60 seconds, make it challenging for hackers to breach your accounts via the app since they can only use online means to attempt it.
You can use Google Authenticator for multiple accounts. For example, if you are a data analyst on a freelance platform and a crypto trader, you can activate Google Authenticator on both platforms. The code generation engine that is part of the app on your mobile phone is separate for each platform, ensuring that the app doesn’t generate the same OTP for multiple accounts. This makes it very convenient to use Google Authenticator to boost the original security layout of these accounts.
The recent update to Google Authenticator introduces the ability to sync 2FA codes with your Google account. This feature facilitates access to your 2FA codes in case you ever lose the device with Google Authenticator. So, Google has devised a means for you to store a one-time code securely, enabling authentication without relying solely on the device with the running authenticator app.
The update aims to enhance the security of your account and provide more convenient authentication options. With the update, you gain greater control over your online accounts, eliminating the difficulties inherent in moving about with the device with Google Authenticator just so you can approve account logins whenever you need to.
So, the update strengthens the extra layer of security provided by Google Authenticator’s linkage to your online accounts. It improves the authorization process while simultaneously protecting accounts from unauthorized access.
Google initially excluded this feature due to concerns about possible breaches of user accounts. Hackers who gain access to your Google account could potentially obtain authentication rights over all accounts linked to the app. As such, it is a matter of increasing convenience and the quality of security, but also reducing the efforts that hackers would need to breach your online accounts.
The main drawback of the new update is the increased potential risk of unauthorized access to accounts linked to Authenticator. Without enabling the update, you can only approve access to these accounts from a single device. However, with the update with syncs 2FA security across as many devices as have your Google account running, you are more vulnerable to hackers.
If a hacker gains access to your Google account, they automatically gain access to every account linked to Google Authenticator. With the one-time code stored in your Google account, they can gain access to everything else.
This poses a threat to users with crypto assets, especially those who secure their crypto accounts with Google Authenticator and turn on cloud sync. For them, hackers no longer need to target accounts individually; they can focus on hacking the Google account and use the one-time 2FA code to authorize attempts to steal assets.
Regarding the update, some users have provided positive feedback. They no longer need to carry a mobile device solely for Google Authenticator or write down secret codes. Instead, they can easily authorize account access from any of their devices, provided they can access their Google account.
However, other users are concerned about the implications, especially the perceived increased ease with which hackers can breach their crypto accounts. While the increased risk is currently hypothetical, the average user is apprehensive. Previously, hackers would need to breach multiple crypto accounts individually, but now they potentially gain access to all of them by compromising a user’s Google account.
It is important to note that the Google Authenticator update is optional. You are not required to install it. This is a relief in and of itself. However, your decision will impact how you use the app going forward.
Enabling the update offers greater convenience for authorizing access to linked accounts but also exposes you to the potential risk of losing your cryptos if your Google account is successfully breached.
The most practical choice is to keep your authenticator app as it is and not enable the new update. This way, although you will miss out on the improved convenience of account login authorization, you will also avoid the increased risk of losing all your assets. Enabling the feature makes the risk of losing your crypto assets from hacker activity more likely.
Thus, we recommend that you choose security over convenience. The risk of losing all your crypto assets to one successful breach is too great.
More more useful articles keep tuned via Kyrrex Blog.
On May 4th, Kyrrex organized its inaugural charity padel tournament, the PRO/AM Kyrrex Charity Padel Event, in Milan 🇮🇹. The event was a resounding success, with an impressive turnout.
Former Italian football stars, including Thomas Locatelli, Nicola Amoruso, Christian Panucci, Vincent Candela, and many others, joined amateur padel players, as well as Kyrrex employees and partners from Pramac Racing.
The PRO/AM Kyrrex Charity Padel Event not only brought sports enthusiasts together but also united them for an important cause. Thanks to the collective efforts of our partners, amateur players, and attendees, we raised an impressive €20,000.
Kyrrex Charity is delighted to announce that these funds will be donated to the Football for Ukraine Foundation. This organization, founded by Oleksandr Zinchenko, aims to provide aid and support to those affected by the war in Ukraine.
We were honored to have Andrii Shevchenko, the foundation's ambassador, at the event. He represented the charity and its crucial mission. Together, we can make a significant impact on the lives of those in need.
Join us in our commitment to helping those affected by the conflict, and let's continue to make a difference through the power of sports and unity!
The success of the PRO/AM Kyrrex Charity Padel Event can be attributed to its seamless organization and the presence of esteemed special guests and participants who united to support a noble cause.
Mara Santangelo, a former professional tennis player and French Open doubles champion, skillfully orchestrated the event, ensuring an enjoyable experience for all attendees.
We were honored to have our esteemed ambassador, Marco Cassetta, in attendance, lending his support and presence to the occasion, even though he did not participate in the matches. The event not only showcased remarkable talent on the padel court but also fostered a spirit of camaraderie and unity as we all came together in pursuit of a meaningful cause.
To further enhance the event experience and engage a wider audience, we hosted a parallel metaverse event in The Nemesis Metaverse. Attendees had the opportunity to explore a virtual tournament court that mirrored the physical event. This virtual space provided additional information and offered a unique and immersive experience for guests to enjoy.
We would like to extend our heartfelt gratitude to everyone who participated, contributed, and supported the first PRO/AM Kyrrex Charity Padel Event. Your involvement has made a significant difference in the lives of those in need. We eagerly anticipate hosting more events like this in the future and hope to see you there, as we continue to make a positive impact together!
There are two sides to everything, though humans tend to focus on one side of the coin. The latest weapons can help through deterrence, not just destruction. Artificial intelligence is an incredibly useful tool despite its dangers. And cryptocurrency, just like everything else, can be a force for good in the world.
Crypto is about PnLs, market and limit orders, DeFi and staking, coin offerings and L1s. It is also about borderless payments which can facilitate goodwill donations by anyone from anywhere to any organization that works towards a noble cause.
The philanthropic space, just like health, finance and sports, has realized the benefits of adopting crypto. Some of the best known global and regional charities have created channels for crypto donations.
Bitcoin, Ethereum and stables like USDT are the most popular coins supported by charities accepting crypto. Depending on the type of crypto charity, other popular digital coins like Dogecoin, Monero, Bitcoin Cash and Litecoin may also be accepted.
So if you're moved to reserve some of your cryptocurrency holdings or trading gains for a worthy cause, there are lots of charity crypto projects that would be happy to receive your donation
These crypto-affiliated charities vary by mission. Some are dedicated to helping oppressed peoples in war-torn areas like Ukraine to stand up to the aggressors. Others utilize blockchain technology to support next-gen ideas and technology like effective altruism and AI.
These organizations all have noble goals and have thrived through the benevolence of citizens who use some of their crypto for charity. This article presents 5 reliable and dependable crypto charity projects. So if you're looking for charities that accept crypto, you've come to the right place.
The Electronic Freedom Foundation (EFF) is a U.S. 501(c)(3) nonprofit that has a mission to defend civil liberties and human rights both online and offline, but especially online. It supports outreach and legislation that protect digital rights and provides funding for projects that promote the rights of the individual to free expression in the digital space.
The EFF sees increased legislation and user restrictions in the digital age as a wall that stifles creativity and infringes on the rights to liberty. Thus, it campaigns hard against moves that seek to restrict people's rights and freedoms, especially online. The organization has a long and proud history of canvassing change and is one of the best charity crypto projects around. It accepts Bitcoin, Bitcoin Cash and Ethereum from individual donors and you can also elect to receive some cool swag if you donate at least $100.
The start of the war in Ukraine has led to a groundswell of governmental, institutional and individual support for the beleaguered country which continues to maintain its independence in the face of overwhelming odds. The Kyrrex Charity is the social arm of Kyrrex, a regulated crypto-fiat ecosystem. Its goal is to work towards the war's end and victory for Ukraine by supporting the country's civilians, volunteers and defenders through financial aid.
The foundation organizes charity events and fundraisers all over the western world to raise money which it then distributes to various agencies across Ukraine.
Because of the difficulties caused by the war, crypto donations to Ukraine is one of the best ways to get money across to those who need it on the ground. That is why the Kyrrex Charity's main vehicle is a crypto charity fund. Benevolent individuals and organizations can directly donate Bitcoin, Ether and USDT through the foundation's Ukraine crypto donations wallets and be rest assured the money will be used for a worthy cause.
So if you have excess coins gathering dust in your wallet or cold storage and wondering how to donate crypto to Ukraine, you can send your coins to a Kyrrex Charity wallet and sleep easy knowing you've just done a great deed for humankind.
Unicef, or the United Nations Children Fund, works in 190 countries across six continents to help children overcome developmental and geographical challenges and achieve their full potential from early childhood to adolescence. It's long been one of the most visible agencies of the UN and its impact has been felt in every corner of the globe for decades.
In 2019, UNICEF launched a crypto fund to simplify fundraising and grants distribution and reach their networks of donors and beneficiaries faster than the complicated web of traditional finance would allow. Donors can send BTC and ETH directly to the UNICEF CryptoFund. To date, the fund has received 8 BTC and 2527 ETH which is distributed to open-source frontier tech solutions showing promising results.
All donations made by the funds are done in BTC and ETH only and capped to $100k. Through this scheme, UNICEF has invested 52 ETH in a digital cash and voucher transfer platform in Nigeria, 43.5 ETH in a platform for digital healthcare savings in DR Congo, and 21 ETH in a tool for visual eye tests to detect vision disorders among children in the UAE.
Would you like more control and flexibility over your charity crypto donations? Then you can check out The Giving Block. This donations service is like a crypto charity marketplace that allows you to give crypto to a nonprofit, charity, university, faith organization, environmental NGO or any other mission-driven agency of your choice.
The Giving Block emphasizes choice and flexibility. Donors are free to choose any of the 100+ organizations that accept crypto donations through the service. You can use their search tool to filter available organizations. For example, a "crypto donations Ukraine" search brings up the Ukrainian American Coordinating Council, the US-Ukraine Foundation and similar organizations. You can also switch to "Impact index funds" and donate crypto to a particular cause, such as the war in Ukraine, women and girls empowerment, or arts and culture.
Another big draw of The Giving Block is the versatility provided for those who use the platform to donate crypto to charity. Most blockchain-positive philanthropic platforms support just a few cryptocurrencies. But on The Giving Block, you have your pick of more than 70 crypto options to donate with such BTC, ETH, USDC, USDT, DAI, MAKER, AVAX, SOL, and many more.
Tor, or The Onion Router, is the free and open-source browser that enables anonymous communication through a network of volunteer nodes spread across the world. The Tor project and its browser allow users to bypass censorship and restrictions on internet usage. It generates a semblance of digital privacy and independence in an environment rife with governmental policy.
The Tor Project accepts donations in crypto and other avenues to keep the Tor network running and protected against intrusion by global institutions and governments. Tor accepts crypto donations in 9 currencies including Bitcoin, Ethereum, Dogecoin, Augur, Dash, Litecoin, Monero, Stellar Lumen, and ZCash.
If you'd love to donate crypto to charity, you can try one of the organizations on this list or another one that accepts digital currencies. You can donate your crypto directly—no need to convert into a stablecoin or fiat money first. Moreover, if you have a stablecoin in your portfolio, you can donate that. The price of a stable fluctuates less compared to traditional cryptocurrencies, which can benefit the charity of your choice more than a volatile coin would.
Making donations to a charity actually helps fulfill one of the founding principles of cryptocurrencies—anonymity. By donating through crypto, you show that you truly care about a cause and aren't donating just to look good in the news or on social media.
THESE are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman.
Charity begins at home, goes a popular saying. And when your home is facing existential threats from a big and ruthless enemy, that is when you stand up to be counted.
The Kyrrex Charity is how we at Kyrrex stand up to be counted. We cannot be on the frontline at Bakhmut or Kherson, but we can do our best to ensure those who are have the best tools at their disposal.
As a charity, our main goal at this moment is to Stand with Ukraine and work towards a brighter, more peaceful future for its 44 million people.
And we stand with all lovers of freedom and self-determination who have lent their voices and resources to support Ukraine.
Once the Ukrainian War has been fought and won and sovereignty restored, the Kyrrex Charity shall adopt a broader mission to deploy blockchain and web3 as a force for global social change.
Since our formal launch less than a year ago, Kyrrex Charity has been actively involved in global efforts to raise funds to help maintain the momentum of the Ukrainian resistance.
Here is how we do that:
Kyrrex Charity collaborates with organizations, destinations and teams to host various events for charity. All the proceeds from these events go into the fund. All the money will be distributed to different agencies within Ukraine with a focus on supporting food and health packages for displaced citizens, and weapons and arms support for defenders.
We know Ukraine has friends from all around the world. But not all of them have a quick means to contribute their resources in support of the ongoing resistance. Sometimes, geographical, legal and political barriers intervene.
That is why we have leveraged the power of blockchain to provide an easy way for all lovers of Ukraine to extend their support through donations. We have deployed donation wallets in three cryptocurrencies on 3 major blockchain networks to make the process simple and short for everyone.
Take your pick of network to use:
You can donate anytime, anywhere and any amount.
Thanks to the power of open-ledger technology, all transactions on our donation wallets are open, transparent and easily accessible by anyone.
All our donors can rest assured that their money is making a real difference on the ground in Ukraine. A child has food to eat, a mother has a bed to sleep on, and a civil defence volunteer has warm clothing to protect against the cold, all because of our kind friends from around the world.
Our regulated crypto-fiat ecosystem is proud to announce its official partnership with Valhalla Fighting, a popular bare-knuckle fistfighting organization from the Czech Republic.
Valhalla Fighting is known for its intense and action-packed fights, featuring some of the most talented and skilled fighters worldwide. This new partnership will provide Kyrrex users with exciting new opportunities and exclusive access to one of the world's most thrilling and adrenaline-fueled sports.
The following fights will take place on March 4, 2023 at the Unyp Arena in Prague and will feature 13 bouts with fighters from various countries, including the Czech Republic, Ukraine, Norway, Germany and Lithuania.
The main event of the evening will be the highly anticipated bout between Martin Horsky and Marian Tuma, two of the most talented fighters in the Czech Republic. Fans are eagerly awaiting this fight to see who will emerge victorious. Everyone can enjoy this show in the official broadcast on various TV platforms, including the Czech O2 in pay-per-view format.
At the same time, this new partnership with Valhalla Fighting is part of Kyrrex's expansion strategy to partner with various sports organizations and bring new and exciting opportunities to our users.
Recently, our team announced a new partnership with tennis legends Martin Di Nenno and Franco Stupaczuk, and now it continues to win the hearts of sports fans.
Stay tuned for more exciting activities and announcements!
Your Kyrrex 💚
Kyrrex is thrilled to announce that Martin Di Nenno and Franco Stupaczuk will join the Kyrrex team as our sponsored tennis duo for 2023!
Not only are they exceptional athletes, but their history of playing together in junior tournaments as youngsters is a testament to their strong bond and determination. Stupaczuk and Di Nenno were a doubles team as juniors and in their teens. And now they are back as a pair to challenge Alejandro Galan and Juan Lebron for the title of the world's best pair.
As a global fintech brand, Kyrrex is dedicated to building a strong, engaged community of true tennis fans.
We Kyrrex team are proud to have our company logo on the t-shirts of ambassadors Martin Di Nenno and Franco Stupaczuk at world and regional tournaments, reaffirming our commitment to spreading our brand across the globe. We are also excited to announce some upcoming collaborative events, giveaways, and activities that we will be hosting with our community.
Be sure to follow our news, social networks, and blog to stay up to date on all the exciting events and opportunities we have in store!
It was a tense, emotional and stunning finale to the 2022 Moto Grand Prixx Season in Valencia, Spain. Kyrrex's Founders Viktor Kochetov and Mykhailo Romanenko exactly know. They attended the MotoGP Grand-Prix and came back with great news — our ambassador Jorge Martin won bronze in the race from pole position! 🏆
The 2022 edition of the Valencia MotoGP event took place on 6 November 2022, the twentieth and final round of the 2022 Grand Prix motorcycle 🏍 racing season.
With glory and bragging rights still up for grabs, each rider gave it their all and contributed to a high-octane spectacle that left the audience on the edge of their seats.
We really saw an amazing competition that was worth every penny of the attendance ticket. The riders were electric and outstanding. The race was thrilling. The fans were loud and the finish was spectacular. To cap it all, our company ambassador Jorge Martin secured a podium finish after a brilliant race!
But everything in order…
🥇 Alex Rins (Team Suzuki Ecstar) took 1st place in the overall standings.
🥈 Brad Binder (Red Bull KTM Factory Racing) stormed to 2nd.
🥉 The Kyrrex ambassador Jorge Martin ( Pramac Racing) closed the race in the 3rd position.
After taking third, Spanish motorcycling superstar Jorge Martin turned his fifth MotoGP pole position of the season into his fourth podium.
He says he is quite satisfied with the result even though he struggled with the front tyre throughout the race: “The great experience I have gathered this year will help me to not make the same mistakes next time. I am very motivated for next season: I think and hope to be able to fight for the title in 2023!”
Keep following the success of our ambassadors and stay with Kyrrex, the platform of champions!
We want to take this moment to thank everyone for being part of our great Kyrrex community united by the common goal of creating a global regulated crypto-fiat ecosystem.
Our team has come a long way in the past year, developing and presenting new services, products, and enhancements for your better trading experience. It has been a fascinating journey💪🏼
However, we won't stop there! Our team is constantly growing so that each of you can access improved Kyrrex crypto-fiat ecosystem products. We have a lot of work ahead of us, and we're aiming for significant results – we're in first gear 📈
✨ Shortly, we will delight you with hot releases, announcements, and exciting contests. So stay tuned for more updates! ✨
Thank you for staying with us!
Viktor Kochetov and Mykhailo Romanenko
There was a time when every newbie to the crypto industry had to have a Crypto.com account. Because of the exchange platform’s advantages, including its extensive list of popular cryptos and low taker fees relative to other platforms, it was very popular. But with the introduction of more radically effective and innovative platforms, things are different now.
Maybe you want to delete your Crypto.com account because trading on the platform is expensive unless one has a lot of its native token. Or maybe you can’t make heads or tails of its trading fee discount tiers. Whatever the case, as long as you are not pulling out of all things crypto and simply want to delete crypto com account, this article is for you. In this article, we show the requirements you need to delete crypto.com accounts.
But, first, a set of disclaimers.
You cannot willy-nilly delete a Crypto.com account. Here is a list of the things you need to have.
The first step to deleting your Crypto.com account is to craft a well-structured email. Crypto.com only complies to requests to delete accounts when these requests are forwarded to the platform via email. So, construct an email with ‘Close Account’ as the heading (or subject) and the email address you used to register your Crypto.com account.
The second step involved in deleting your Crypto.com account is to attach an image with the necessary details to confirm that the account is yours. These details include a clear image of your face, your full name, the current date (MM-DD-YYYY or DD-MM-YYYY), and ‘Crypto.com’ written underneath. So, you can use a plain sheet of white paper to write your name, the date, and the name of the platform in very clear and legible print. Once you have determined that the print is clear enough, hold it to your chest and take a clear shot. Then attach this shot to your email.
Having attached the image of you holding a piece of white paper to the email, make sure to send the email to email@example.com. This is the approved email address for deleting Crypto.com accounts. Don’t send the email to Crypto.com mistakenly as such emails will not be attended to, assuming they deliver.
After sending the email to the correct address, you have to wait between 24 and 48 hours for a response from Crypto.com. If you don’t get a response, it would mean that the information you included in the email is incorrect. So, make sure to go over said email, especially the address from which you intend to send off the request.
Once Crypto.com has confirmed your request, you can go ahead and delete every app or file associated with Crypto.com on your mobile phone. You should do the same with your web browser. This will save you from having your data invariably transmitted to the platform.
As long as you follow the steps cited above, you will be able to successfully delete your Crypto.com account.
If you intend to continue trading cryptos and need an innovative, reliable, and rewarding exchange platform, you can try Kyrrex crypto exchange, a regulated all-in-one crypto platform for both crypto and fiat currencies. You can sign-up for a personal or business account with only your email and begin to trade with ease, benefiting from low trading fees, a deep liquidity pool, 24/7 online customer support, and many more. And here is the kyrrex registration guide how to do it properly.