Sim Swapping
By Cryptomcmillan1 | Updated on May 24, 2020
It is a tactic where hacker overtake the mobile phone to exploit the two-factor authentication and two-step verification. Once the hacker gotten hold of the victim's mobile phone number, they could proceed to convince the telco company to migrate the victim's phone number to the hacker's number. Otherwise, they could also intercept any authentication and verification number via text messages or mobile phone and bypass the security of personal accounts such as bank accounts and social media accounts.
Related Terms
Enterprise Ethereum Alliance (EEA)
Enterprise Ethereum Alliance is made up for a group of Ethereum developers, corporations as well as startups who are collaborating to find ways to use Ethereum for business applications.
IYKYK
Abbreviation for: if you know you know. The phrase implies that the user has dropped some sort of insider knowledge about a specific experience. Often, the post will have some callback to a particular experience that will instantly stand out to those who are “in the know,” or ironically sharing commonly known information.
Futures
An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.
Block Height
A number that is used to indicated the position of a particular block within a blockchain
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.