"Do you know what the main reason for crypto thefts is? 🕵️‍♂️ In the second quarter of 2024, MisTrack, the research branch of cybersecurity firm SlowMist, determined that the biggest culprit was private key leaks. 😱

Many users were found to store their private keys or mnemonic phrases in cloud storage services such as Google Docs, Tencent Docs, Baidu Cloud, and Shimo Docs. Others shared this information with trusted friends through tools such as WeChat. 🤦‍♀️

While such moves may seem to improve information security, they greatly increase the risk of information theft. Fake wallets are another big reason for private key leaks.

Phishing attacks also emerged as the second biggest cause of theft. SlowMist noted that many thefts in Q2 occurred as a result of users clicking on malicious link comments under tweets from unknown projects.

Binance Smart Chain (BSC), on the other hand, witnessed a significant amount of honeypot incidents in Q2. These events occurred with digital currencies that looked attractive to investors but were impossible to sell once purchased.

So what do you think? How do you ensure your crypto security? We are waiting your comments! 👇"