openPR Logo
Press release

Matrixport Recommends Users to Turn on Google Authenticator and Turn off Cloud Backup Function

06-20-2024 04:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Stones_PR
Matrixport Recommends Users to Turn on Google Authenticator

Given the frequent network attacks and other security incidents in recent days, on June 19th, Matrixport reminded the users to focus on network security and take proper asset protection measures. Also, Matrixport recommends that users turn on Google Authenticator and turn off the cloud backup function to improve account security.

The recent surge in security incidents in the crypto market has brought asset security to the spotlight and highlighted the need for a sustained effort to tackle the issue by the whole crypto industry.

On June 19th, Matrixport published a security reminder, listing the common security attack methods, including phishing, Man-in-the-Middle Attack, and software and hardware vulnerabilities, with detailed protection measures. Matrixport recommends that users turn on the Google Authenticator: bind their account to the Google Authenticator APP, and disable the cloud backup function of the APP. This makes it more difficult to leak users' personal information and enhances account security. Matrixport also recommends that users reinforce their security from three aspects: password security, secure access, and regular monitoring.

In addition to advocating user awareness of security protection, Matrixport also reinforces its security level from within, providing all-round protection for user assets in terms of asset security, account security, and risk control, including dynamic assets re-allocation between hot and cold wallets; storing wallet private keys in HSM encryptor for stronger assets security; dual measures for increased account security and reduced asset loss due to stolen accounts and other security incidents; 24/7 user activity tracking and measures immediately taken once there is a high-risk activity warning. In addition, Matrixport has also adopted an end-to-end design and the Four-Eyes Principle to minimize internal malicious activities.

So far, the security licenses that Matrixport has acquired include ISO 27001, ISO 27701, SOC 2 Type 1, and SOC 2 Type 2. The industry-leading digital assets custody solution Cactus Custody Trademark developed by Matrixport has achieved zero-incident performance since the establishment of Matrixport with its bank treasury-level security protection, cold and hot storage separation, and multi-layer security mechanism. In the meanwhile, Matrixport has secured $50 million insurance coverage for digital assets held with Cactus Custody Trademark , providing yet another layer of protection to user assets.

About Matrixport

Established in 2019, Matrixport stands as the world's leading one-stop hub for crypto financial services. We are committed to building an entry-grade ecosystem for the crypto space, by providing every cryptocurrency user with an personalized super account that integrates products and services of assets trading, investment, OTC, research, and more, helping users sustainably earn from their crypto investment.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Media Contact
Company Name: Matrixport
Contact Person: Ivy
Email: Send Email [http://www.universalpressrelease.com/?pr=matrixport-recommends-users-to-turn-on-google-authenticator-and-turn-off-cloud-backup-function]
Country: Singapore
Website: https://www.matrixport.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Matrixport Recommends Users to Turn on Google Authenticator and Turn off Cloud Backup Function here

News-ID: 3547096 • Views:

More Releases from Getnews

Apostlegraceprophet J J Ammons Shares a Divine Blueprint for Spiritual Living in Knucklehead
Apostlegraceprophet J J Ammons Shares a Divine Blueprint for Spiritual Living in …
Image: https://www.aionewswire.com/storage/images/ckeditor//Book%20Cover_1761676945.jpg Renowned spiritual teacher Apostlegraceprophet J. J. Ammons delivers an inspiring message of transformation in his new book, Knucklehead -a work dedicated to guiding humanity toward a deeper understanding of what it truly means to live by, with, and in a spiritual mind. Written during a 40-day and 40-night fast, Knucklehead explores the path to shutting off the carnal mind and embracing the life of Jesus Christ within. Ammons emphasizes that
As a Black Label Installer, Atlantic Custom Wraps Sets New Standards in Vehicle Paint Protection with STEK Film
As a Black Label Installer, Atlantic Custom Wraps Sets New Standards in Vehicle …
Image: https://www.globalnewslines.com/uploads/2025/10/1761665540.jpg Atlantic Custom Wraps offers the highest quality paint protection with STEK film, setting a new benchmark for installation, vehicle care, and durability all year long. Matthews, North Carolina - October 28, 2025 - Atlantic Custom Wraps, a premier car vinyl wrap shop [https://www.atlanticcustomwraps.com/] in Charlotte, North Carolina, is redefining how vehicle owners protect and enhance their cars this winter. The company offers the most advanced paint protection film (PPF) [https://www.atlanticcustomwraps.com/paint-protection-film/]
WSIMLogiX Reveals Why SEO is the Secret Weapon for Holiday Ecommerce Success
WSIMLogiX Reveals Why SEO is the Secret Weapon for Holiday Ecommerce Success
Image: https://www.globalnewslines.com/uploads/2025/10/1761664459.jpg WSIMLogiX unveils how smart SEO strategies can turn the holiday rush into lasting ecommerce growth, helping businesses boost visibility and sales when it matters most. Danville, California - October 28, 2025 - As the holiday shopping season approaches, WSIMLogiX, the best digital marketing agency Bay Area CA, is urging ecommerce businesses to strengthen their online visibility through strategic search engine optimization. The agency, known for helping brands maximize ROI through
Landmark Exteriors Spotlights Rising Demand for Artificial Grass in the US
Landmark Exteriors Spotlights Rising Demand for Artificial Grass in the US
Image: https://www.globalnewslines.com/uploads/2025/10/1761663883.jpg Homeowners and businesses across the US are embracing artificial grass as a smarter, greener choice for lasting curb appeal and low-maintenance living. Livermore, CA - October 28, 2025 - Residential and commercial property owners across the U.S. are increasingly turning to artificial grass installation as a practical, low-maintenance alternative to natural lawns. Landmark Exteriors, a full-service exterior renovation specialist in Livermore CA, reports that demand for artificial grass installation is

All 5 Releases


More Releases for Matrixport

Matrixport Recognized for Talent Development at Innovating Hong Kong Global Tale …
From March 29 to 30, the Innovating Hong Kong Global Talent Carnival 2025 (Spring) was held at the AsiaWorld Expo. The event attracted over 400 renowned enterprises from home and abroad, including Matrixport, Tencent, Huawei Hong Kong, Alibaba Cloud, Xiao Hong Shu, Keeta, and Bank of China (Hong Kong). The event aimed to connect job seekers with nearly 20,000 employment opportunities in blockchain, finance, Internet, technology, education and other industries. Innovating
Matrixport Launches Exclusive USD Corporate Account to Optimize OTC Trading Expe …
Singapore - February 25, 2025 - Matrixport, the world's leading and Asia's largest one-stop crypto financial services hub, has announced the official launch of its exclusive USD corporate account to provide institutional clients with a smoother and more secure OTC trading experience. Launching the new feature marks a significant milestone for Matrixport in the realm of crypto financial services and offers users efficient fund management solutions. Image: https://www.globalnewslines.com/uploads/2025/02/3f79dfedc431dd33e94cde830248b7ad.jpg With the introduction of
Matrixport Launches Perpetual Trading Competition with $40,000 USDT Prize Pool a …
Singapore - January 6, 2025 - Matrixport, the world's leading and all-in-one crypto financial services hub in Asia, announced today that its Matrixport Perpetual (MP Perps) trading competition has officially kicked off. The event runs from January 6, 2025, to February 6, 2025, with a total prize pool exceeding 40,000 USDT and multiple generous rewards, including iPhone 16 and PlayStation 5. During the event, participants can earn various rewards, including trading
Matrixport Future Debuts, Poised to Seize Market as a Dark Horse
In mid-November, Matrixport Future was officially launched. As the No.1 player in the crypto asset management field, can Matrixport continue to excel in the trading arena? With questions about whether the Matrixport Future is a masterpiece-honed over four years or just another product in the market, we experienced the Matrixport Future for 30 days and reached our conclusion. Matrixport Future: Bravo! Strict Selection of Listed Trading Pairs and Rapid Listing of Popular
Matrixport Pursues Financial Service Permission Licence to Offer Comprehensive V …
Gelephu Mindfulness City, Bhutan - December 18, 2024 - Matrixport, a leading all-in-one crypto financial services platform, today announced its intention to apply to the Gelephu Mindfulness City Authority (GMCA) for a Financial Services Permission Licence to carry out regulated activities in relation to Virtual Assets in Gelephu Mindfulness City (GMC), Bhutan's new Special Administration Region. In doing so, Matrixport will be amongst the first licence applicants under GMC's new
Matrixport Expands Footprint in Europe with Acquisition of Swiss-based Crypto Fi …
FINMA-supervised unit renamed Matrixport Asset Management AG Singapore - 30 September, 2024 - Matrixport [https://www.matrixport.com], a leading all-in-one crypto financial services hub, today announced the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG ("CFAM"), a licensed Swiss crypto asset manager that was previously part of the Deutsche Borse Group-owned Crypto Finance Group (CFG). Renamed Matrixport Asset Management AG ("MAM"), the Switzerland-based unit is a pioneer in providing institutional-grade crypto