No mention of this on their blog (in fact, no new posts since July). And no quick patch that pops up a box asking the user to assign a password. Since it's tied to a phone number/SIM card anyway, you could easily offer a password retrieval option via SMS.
I wonder what happens if a phone number (the login) is tied to a different IMEI (the password). This can happen when you transfer a phone number from one provider to another.