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Lets start this journey with a few security tips!đ
5 Key Steps to Securing Your Crypto Account assets:
1. Enable Two-Factor Authentication (2FA)/ Multi-Factor Authentication (MFA)
2FA or MFA adds that much needed extra layer of security by requiring you to not only fill in your password but also a code sent to your mobile device or email. Chose an app-based 2FA/MFA solution such as Google Authenticator or Authy instead of SMS (SMS is prone to hacking attempts such as SIM swapping)
2. Use Strong, Unique Passwords
Avoid using easy passwords like your name or birthdate. Instead, create a strong password that combines upper and lower case letters, numbers, and special characters. Additionally, use different passwords for all your accounts as this prevents multi platform breach if one of your accounts is hacked. A password manager can help generate and store complex passwords securely. Try a password manager such as 1Password.
3. Beware of Phishing Attacks (no not fishing attacks)
Phishing attacks are common. Scammers create fake websites or send fake emails that appear to be from an exchange. Always double-check URLs and never click on suspicious links. Ensure the URL begins with "https" and look for the padlock icon next to it in the address bar to show your connection is secure.
4. Use a Hardware Wallet for Long-Term Storage
Remember "NOT YOUR KEYS NOT YOUR CRYPTO". For added security, store your crypto in a hardware wallet rather than keeping it all on an exchange. Hardware wallets keep your private keys offline, making them less susceptible to hacks or being breached. Only keep funds on exchanges if you day trade or need urgent access to them.
5. Keep Your Recovery Phrases Secure
When setting up wallets, youâll receive a recovery phrase or private key. This is your "holy grail" to access your funds if you lose access to your wallet. Write it down and store it in a secure, offline location. Never share it with anyone, and avoid storing it digitally, as online storage can be hacked!!
Stay safe and HODL on!
#safety #security #education
5 Key Steps to Securing Your Crypto Account assets:
1. Enable Two-Factor Authentication (2FA)/ Multi-Factor Authentication (MFA)
2FA or MFA adds that much needed extra layer of security by requiring you to not only fill in your password but also a code sent to your mobile device or email. Chose an app-based 2FA/MFA solution such as Google Authenticator or Authy instead of SMS (SMS is prone to hacking attempts such as SIM swapping)
2. Use Strong, Unique Passwords
Avoid using easy passwords like your name or birthdate. Instead, create a strong password that combines upper and lower case letters, numbers, and special characters. Additionally, use different passwords for all your accounts as this prevents multi platform breach if one of your accounts is hacked. A password manager can help generate and store complex passwords securely. Try a password manager such as 1Password.
3. Beware of Phishing Attacks (no not fishing attacks)
Phishing attacks are common. Scammers create fake websites or send fake emails that appear to be from an exchange. Always double-check URLs and never click on suspicious links. Ensure the URL begins with "https" and look for the padlock icon next to it in the address bar to show your connection is secure.
4. Use a Hardware Wallet for Long-Term Storage
Remember "NOT YOUR KEYS NOT YOUR CRYPTO". For added security, store your crypto in a hardware wallet rather than keeping it all on an exchange. Hardware wallets keep your private keys offline, making them less susceptible to hacks or being breached. Only keep funds on exchanges if you day trade or need urgent access to them.
5. Keep Your Recovery Phrases Secure
When setting up wallets, youâll receive a recovery phrase or private key. This is your "holy grail" to access your funds if you lose access to your wallet. Write it down and store it in a secure, offline location. Never share it with anyone, and avoid storing it digitally, as online storage can be hacked!!
Stay safe and HODL on!
#safety #security #education
Over $370 million stolen by crypto scammers in Q1, 90% less than last quarter's $5 billion.
#crypto2023 #dyor #trading #safety
#crypto2023 #dyor #trading #safety
"We MUST Know! Binance Holds Anti-Fraud Campaign and Collaborates with Police Worldwide"
Crypto exchanges đȘ Binance launched a new Anti-Fraud Campaign to tackle the rising trend of cryptocurrency-related scams. Binance joins hands with law enforcement agencies around the world to fight fraudulent practices. In the first four weeks, about 20.4 percent of Binance users considered withdrawing again or reviewing whether their transactions carried a fraud risk.
#crypto2023 #crypto2023 #safety
#crypto2023 #crypto2023 #safety
đš ALERT: $10 Million Stolen in Poly Network Security Attack: Beosin
In a recent security breach on Poly Network, an unknown attacker successfully swapped out over $10 million worth of ether, according to security firm Beosin.
Poly Network, a cross-chain bridge for asset transfers, fell victim to the attack, allowing the perpetrator to create 57 tokens across multiple blockchains, including Ethereum, BNB Chain, Metis, and Polygon.
Although the attacker's crypto wallet showed a value exceeding $34 billion, the lack of liquidity in the affected chains prevented them from realizing those gains.
Only a small portion of the stolen tokens, approximately 5,196 ETH or $10.1 million, was exchanged for ether on the Ethereum and Binance Smart Chain networks.
Security analysts suspect that compromised private keys used in the platform's main smart contract may have facilitated the attack. The Poly Network team has yet to respond to these claims.
This incident marks the second major security breach for Poly Network, following a $611 million theft in 2021.
Poly Network has temporarily suspended its services and is actively collaborating with centralized exchanges and law enforcement agencies to track the attacker and recover the funds. They have also advised affected projects to withdraw liquidity from decentralized exchanges and appealed to the attacker to return the assets to avoid legal consequences.
#crypto2023 #safety
Poly Network, a cross-chain bridge for asset transfers, fell victim to the attack, allowing the perpetrator to create 57 tokens across multiple blockchains, including Ethereum, BNB Chain, Metis, and Polygon.
Although the attacker's crypto wallet showed a value exceeding $34 billion, the lack of liquidity in the affected chains prevented them from realizing those gains.
Only a small portion of the stolen tokens, approximately 5,196 ETH or $10.1 million, was exchanged for ether on the Ethereum and Binance Smart Chain networks.
Security analysts suspect that compromised private keys used in the platform's main smart contract may have facilitated the attack. The Poly Network team has yet to respond to these claims.
This incident marks the second major security breach for Poly Network, following a $611 million theft in 2021.
Poly Network has temporarily suspended its services and is actively collaborating with centralized exchanges and law enforcement agencies to track the attacker and recover the funds. They have also advised affected projects to withdraw liquidity from decentralized exchanges and appealed to the attacker to return the assets to avoid legal consequences.
#crypto2023 #safety
Safeguarding Your Digital Identity: 6 Essential Strategies for Online Protection
TL;DR
Create strong, unique passwords and use two-factor authentication (2FA) for added security.
Regularly update your software and devices to protect against vulnerabilities.
Beware of phishing attempts and verify the authenticity of senders.
Use secure Wi-Fi networks and consider using a VPN for added protection.
Regularly back up your data to minimize the impact of potential breaches or losses.
Introduction
In today's interconnected world, where our lives are increasingly intertwined with the digital realm, safeguarding our online presence has become more crucial than ever. From personal information to financial transactions, our digital identities are constantly at risk. To ensure your online safety, we present six essential strategies that will help protect you from cyber threats and keep your digital life secure.
Strong and Unique Passwords: The foundation of online security begins with strong and unique passwords. Avoid using common passwords or reusing the same password across multiple accounts. Instead, create complex passwords that include a combination of uppercase and lowercase letters, numbers, and special characters. Consider using a reliable password manager to securely store and generate unique passwords for each of your accounts.
Two-Factor Authentication (2FA): Adding an extra layer of security, two-factor authentication (2FA) significantly reduces the risk of unauthorized access to your accounts. By enabling 2FA, you will be prompted to provide a secondary verification, such as a unique code sent to your mobile device, in addition to your password. This additional step adds a crucial barrier that enhances your online protection.
Regular Software Updates: Keeping your devices and software up to date is crucial for maintaining online security. Regularly update your operating system, web browsers, and other applications to ensure you have the latest security patches and bug fixes. Cybercriminals often exploit vulnerabilities in outdated software, so staying up to date is an effective way to protect yourself from potential threats.
Beware of Phishing Attempts: Phishing attacks continue to be a common method used by cybercriminals to trick unsuspecting individuals into divulging sensitive information. Be cautious of suspicious emails, messages, or pop-ups requesting personal information or urging you to click on unknown links. Verify the authenticity of the sender before sharing any sensitive data and consider using email filters and anti-phishing software for additional protection.
Secure Wi-Fi Networks: Public Wi-Fi networks are convenient but inherently risky. Avoid conducting sensitive transactions, such as online banking or shopping, while connected to public Wi-Fi. Instead, use a virtual private network (VPN) to encrypt your internet traffic and protect your data from potential eavesdropping by hackers on the same network. Additionally, ensure your home Wi-Fi network is password-protected and configured with the latest security protocols.
Regular Data Backup: In the event of a data breach or loss, having regular backups of your important files and documents can be a lifesaver. Establish a routine backup system that includes both local and cloud-based storage solutions. This way, even if your device is compromised, stolen, or damaged, you can easily recover your essential data and minimize the impact of such incidents.
Closing Thought
As our lives become increasingly digitized, protecting ourselves online is of utmost importance. By implementing these six strategies - strong passwords, two-factor authentication, regular software updates, vigilance against phishing attempts, secure Wi-Fi usage, and regular data backups - you can significantly enhance your online security. By adopting these practices, you will empower yourself with the knowledge and tools necessary to navigate the digital landscape safely and protect your digital identity from evolving cyber threats. Stay vigilant, stay secure!
#protection #safety #online #Binance #crypto2023
Create strong, unique passwords and use two-factor authentication (2FA) for added security.
Regularly update your software and devices to protect against vulnerabilities.
Beware of phishing attempts and verify the authenticity of senders.
Use secure Wi-Fi networks and consider using a VPN for added protection.
Regularly back up your data to minimize the impact of potential breaches or losses.
Introduction
In today's interconnected world, where our lives are increasingly intertwined with the digital realm, safeguarding our online presence has become more crucial than ever. From personal information to financial transactions, our digital identities are constantly at risk. To ensure your online safety, we present six essential strategies that will help protect you from cyber threats and keep your digital life secure.
Strong and Unique Passwords: The foundation of online security begins with strong and unique passwords. Avoid using common passwords or reusing the same password across multiple accounts. Instead, create complex passwords that include a combination of uppercase and lowercase letters, numbers, and special characters. Consider using a reliable password manager to securely store and generate unique passwords for each of your accounts.
Two-Factor Authentication (2FA): Adding an extra layer of security, two-factor authentication (2FA) significantly reduces the risk of unauthorized access to your accounts. By enabling 2FA, you will be prompted to provide a secondary verification, such as a unique code sent to your mobile device, in addition to your password. This additional step adds a crucial barrier that enhances your online protection.
Regular Software Updates: Keeping your devices and software up to date is crucial for maintaining online security. Regularly update your operating system, web browsers, and other applications to ensure you have the latest security patches and bug fixes. Cybercriminals often exploit vulnerabilities in outdated software, so staying up to date is an effective way to protect yourself from potential threats.
Beware of Phishing Attempts: Phishing attacks continue to be a common method used by cybercriminals to trick unsuspecting individuals into divulging sensitive information. Be cautious of suspicious emails, messages, or pop-ups requesting personal information or urging you to click on unknown links. Verify the authenticity of the sender before sharing any sensitive data and consider using email filters and anti-phishing software for additional protection.
Secure Wi-Fi Networks: Public Wi-Fi networks are convenient but inherently risky. Avoid conducting sensitive transactions, such as online banking or shopping, while connected to public Wi-Fi. Instead, use a virtual private network (VPN) to encrypt your internet traffic and protect your data from potential eavesdropping by hackers on the same network. Additionally, ensure your home Wi-Fi network is password-protected and configured with the latest security protocols.
Regular Data Backup: In the event of a data breach or loss, having regular backups of your important files and documents can be a lifesaver. Establish a routine backup system that includes both local and cloud-based storage solutions. This way, even if your device is compromised, stolen, or damaged, you can easily recover your essential data and minimize the impact of such incidents.
Closing Thought
As our lives become increasingly digitized, protecting ourselves online is of utmost importance. By implementing these six strategies - strong passwords, two-factor authentication, regular software updates, vigilance against phishing attempts, secure Wi-Fi usage, and regular data backups - you can significantly enhance your online security. By adopting these practices, you will empower yourself with the knowledge and tools necessary to navigate the digital landscape safely and protect your digital identity from evolving cyber threats. Stay vigilant, stay secure!
#protection #safety #online #Binance #crypto2023
Here Is How A Scammer/Hacker Tried Getting Into My wallet Few Hours Ago đ€Żđ±
Just a day after recovering my Discord account from an hacker with the help of the Discord Support Team, Someone tried hacking my wallet.đ
I got a random telegram message saying: âHello, I'm ALMV project manager, we have a promotional offer. We found your telegram in the new social network #Binance â
He further explained that they would like me to post an article about their project on Binance Feed. He sent some shady documents which I went through and confirmed my fears that this was a scammer trying to get into my wallet
He sent me a linktree that contained their socials including the project website which looks shady
I needed a code to gain access and download the game which could only work on a laptop. I DIDNâT DOWNLOAD it. He asked for my wallet address, I created a new metamask wallet and sent that to him he then said:
âWhat cryptocurrency do you keep your money in? I took 2 bnb just for the estimated cost of advertising, do you have any other options where you would like the money to go?â
He already checked and found our the account was empty đ
Stay safe guys, scams will become even more common towards the BULLRUN
#safety #crypto2023
I got a random telegram message saying: âHello, I'm ALMV project manager, we have a promotional offer. We found your telegram in the new social network #Binance â
He further explained that they would like me to post an article about their project on Binance Feed. He sent some shady documents which I went through and confirmed my fears that this was a scammer trying to get into my wallet
He sent me a linktree that contained their socials including the project website which looks shady
I needed a code to gain access and download the game which could only work on a laptop. I DIDNâT DOWNLOAD it. He asked for my wallet address, I created a new metamask wallet and sent that to him he then said:
âWhat cryptocurrency do you keep your money in? I took 2 bnb just for the estimated cost of advertising, do you have any other options where you would like the money to go?â
He already checked and found our the account was empty đ
Stay safe guys, scams will become even more common towards the BULLRUN
#safety #crypto2023
đšBREAKING: US Twitter Hacker & Crypto Scammer gets 5 years in prison after stealing $794,000
Joseph James O'Connor allegedly stole $794,000 worth of cryptocurrency during the 2020 Twitter hack.
On Friday, a federal court sentenced Joseph James OâConner to five years in prison for his involvement in the 2020 Twitter hack. Last month, the 24-year-old, known as PlugwalkJoe online, plead guilty to a host of cyber crimes, including carrying out a SIM-swapping attack that targeted a TikTok account with millions of followers. The 2020 Twitter hack saw OâConner and his co-perpetrators obtain access to the companyâs backend and subsequently the accounts of Elon Musk, Bill Gates, Barack Obama and more than 100 other high-profile users. OâConner netted $794,000 in the crypto scam that followed.
"After stealing and fraudulently diverting the stolen cryptocurrency, O'Connor and his co-conspirators laundered it through dozens of transfers and transactions and exchanged some of it for Bitcoin using cryptocurrency exchange services," the Justice Department said. "Ultimately, a portion of the stolen #cryptocurrency was deposited into a cryptocurrency exchange account controlled by O'Connor." In 2021, Graham Ivan Clark, the alleged teenage mastermind behind the breach, plead guilty in return for a three-year prison sentence. In addition to his five-year sentence, OâConner also faces three years of supervised release after his prison term. He must also forfeit the $794,000 he defrauded during the hack.
#safety
On Friday, a federal court sentenced Joseph James OâConner to five years in prison for his involvement in the 2020 Twitter hack. Last month, the 24-year-old, known as PlugwalkJoe online, plead guilty to a host of cyber crimes, including carrying out a SIM-swapping attack that targeted a TikTok account with millions of followers. The 2020 Twitter hack saw OâConner and his co-perpetrators obtain access to the companyâs backend and subsequently the accounts of Elon Musk, Bill Gates, Barack Obama and more than 100 other high-profile users. OâConner netted $794,000 in the crypto scam that followed.
"After stealing and fraudulently diverting the stolen cryptocurrency, O'Connor and his co-conspirators laundered it through dozens of transfers and transactions and exchanged some of it for Bitcoin using cryptocurrency exchange services," the Justice Department said. "Ultimately, a portion of the stolen #cryptocurrency was deposited into a cryptocurrency exchange account controlled by O'Connor." In 2021, Graham Ivan Clark, the alleged teenage mastermind behind the breach, plead guilty in return for a three-year prison sentence. In addition to his five-year sentence, OâConner also faces three years of supervised release after his prison term. He must also forfeit the $794,000 he defrauded during the hack.
#safety
"Crypto Confidential: Unlocking the Secrets of Digital Wealth"
1. Research: Before you trade crypto, thoroughly research the project, team, and technology behind the cryptocurrency you're interested in. Be sure to understand its use case and potential for growth.2. Use Reputable Exchanges: Stick to well-established cryptocurrency exchanges with a track record of security. Popular platforms like Binance, Coinbase, and Kraken are good choices.3. Enable Two-Factor Authentication (2FA): Always enable 2FA on your exchange accounts. This adds an extra layer of security by requiring you to provide a second verification method, such as a code from your mobile app, in addition to your password.4. Secure Your Wallets: If you're storing cryptocurrencies in wallets, use hardware wallets or reputable software wallets. Keep your private keys and recovery phrases offline and in a secure place.5. Beware of Scams: Be cautious of phishing attempts, fraudulent schemes, and too-good-to-be-true offers. Double-check URLs, never share sensitive information, and stay informed about common scams in the crypto space.Remember, the cryptocurrency market can be highly volatile, so only invest what you can afford to lose. Always exercise caution and due diligence in your crypto trading activities.Dive into the world of cryptocurrencies with our comprehensive guide. Learn how to invest, trade, and secure your digital assets like a pro. Discover hidden gems and strategies to maximize your profits in this exciting and ever-evolving financial landscape. Whether you're a beginner or an experienced trader, this is your ticket to financial empowerment. Don't miss out on the future of finance - start your crypto journey today!#safety #dyor #scamprotection #CryptoNews #BinanceSquare
đšđĄïž Binance's Fortress Against Scams: Unveiling the Cooling-Down Defense! đđ
Hey Crypto Defenders! đđĄïž Binance is gearing up with an arsenal of 8 Anti-Scam Risk Control Measures, and today, let's dive into the mighty 5th and 6th levels â the Cooling-Down Chronicles! đŹïžâł
Level 5 & 6: Cooling-Down (1H & 24H)
Ever felt the impulse to withdraw that raised an eyebrow? Binance has your back! The Cooling-Down service is your shield against hasty decisions. đĄïžđš
đ How It Works:
Impulse Control: If your withdrawal triggers alarms, we hit the brakes! Your withdrawal function takes a breather for an hour or even a day.
Stay Calm: Binance steps in to guide you through a risk investigation, ensuring you remain vigilant.
Risk Intensity: Based on the risk level, we tailor the cooling-down period. One hour or 24, your protection is our priority.
â ïž 24-Hour Vigilance: Be Wary! Users under the 24-hour cooldown must tread carefully. Scams might be lurking around, and we're here to keep you safe. đš
đŹ Your Take? Share Your Thoughts on Binance's Defensive Moves! đ€đĄïž
đ Stay Secure, Stay Informed! Like, Share, and Follow @MemeLauncher đđ
đ° Tip Your Maestro for Crypto Safety Insights! đ©âš Your crypto tips show appreciation for keeping the crypto realm secure.
Let's stand united against scams! đ€
#BinanceDefense #CryptoSafety #CoolingDownDefense
#safety #SafetyTips
Hey Crypto Defenders! đđĄïž Binance is gearing up with an arsenal of 8 Anti-Scam Risk Control Measures, and today, let's dive into the mighty 5th and 6th levels â the Cooling-Down Chronicles! đŹïžâł
Level 5 & 6: Cooling-Down (1H & 24H)
Ever felt the impulse to withdraw that raised an eyebrow? Binance has your back! The Cooling-Down service is your shield against hasty decisions. đĄïžđš
đ How It Works:
Impulse Control: If your withdrawal triggers alarms, we hit the brakes! Your withdrawal function takes a breather for an hour or even a day.
Stay Calm: Binance steps in to guide you through a risk investigation, ensuring you remain vigilant.
Risk Intensity: Based on the risk level, we tailor the cooling-down period. One hour or 24, your protection is our priority.
â ïž 24-Hour Vigilance: Be Wary! Users under the 24-hour cooldown must tread carefully. Scams might be lurking around, and we're here to keep you safe. đš
đŹ Your Take? Share Your Thoughts on Binance's Defensive Moves! đ€đĄïž
đ Stay Secure, Stay Informed! Like, Share, and Follow @MemeLauncher đđ
đ° Tip Your Maestro for Crypto Safety Insights! đ©âš Your crypto tips show appreciation for keeping the crypto realm secure.
Let's stand united against scams! đ€
#BinanceDefense #CryptoSafety #CoolingDownDefense
#safety #SafetyTips
What is Bitcoin ETF? A Bitcoin ETF, or Exchange-Traded Fund, is a financial product that tracks the price of Bitcoin. It allows investors to gain exposure to Bitcoin without needing to directly hold or manage the cryptocurrency. Instead of purchasing and storing Bitcoin directly, investors can buy shares of the ETF on traditional stock exchanges. #BTC #etf #safety #straregy #soon
The Danger of Passkey and Biometric Authentication You Must Avoid!
đš The Danger of Passkey and Biometric Authentication You Must Avoid!
Hello everyone!
Today, let's talk about the risks associated with passkey and biometric authentication and how to protect yourself from potential troubles.
While I personally love the ease and enhanced security features that come with using passkeys and biometrics, there's a crucial aspect that we must be cautious about.
The Pros of Passkey and Biometric Authentication:
â Enhancing security on platforms
â Disallowing passwords display
â Reducing the stress of recalling and inputting passcodes
Who wouldn't love these convenient features, right? đ
However, there's one thing you MUST AVOID when using this authentication method, especially when lending your device to friends or others.
The Potential Danger:
Sometimes, when lending your device to others, they might ask to use your biometrics to unlock the device or access certain features. This seemingly innocent request can lead to serious consequences if you're not careful.
Stay Alert - Be Cautious!
Always ensure that you are aware of where the authentication process is leading before granting access. Stay vigilant to protect your privacy and security.
Remember, your safety is paramount!
#Securities #GOATMoments #safety #googleai #pepe
$BCH $PEPE $ARKM
Hello everyone!
Today, let's talk about the risks associated with passkey and biometric authentication and how to protect yourself from potential troubles.
While I personally love the ease and enhanced security features that come with using passkeys and biometrics, there's a crucial aspect that we must be cautious about.
The Pros of Passkey and Biometric Authentication:
â Enhancing security on platforms
â Disallowing passwords display
â Reducing the stress of recalling and inputting passcodes
Who wouldn't love these convenient features, right? đ
However, there's one thing you MUST AVOID when using this authentication method, especially when lending your device to friends or others.
The Potential Danger:
Sometimes, when lending your device to others, they might ask to use your biometrics to unlock the device or access certain features. This seemingly innocent request can lead to serious consequences if you're not careful.
Stay Alert - Be Cautious!
Always ensure that you are aware of where the authentication process is leading before granting access. Stay vigilant to protect your privacy and security.
Remember, your safety is paramount!
#Securities #GOATMoments #safety #googleai #pepe
$BCH $PEPE $ARKM
đšđš HAMAS STEALING MONEY FROM CRYPTO WALLETS đšđš
In a news reported by many agencies Hamas has been targetting crypto wallets from pro israel countries Like india , Uk etc.
One such instance came from delhi where a businessmen from delhi lost nearly Rs 4 Crore ( 500k$ + in such attack
please beware and safeguard your money.
For more such news please like follow and Please tip us goo. đ
#usdr #safety
In a news reported by many agencies Hamas has been targetting crypto wallets from pro israel countries Like india , Uk etc.
One such instance came from delhi where a businessmen from delhi lost nearly Rs 4 Crore ( 500k$ + in such attack
please beware and safeguard your money.
For more such news please like follow and Please tip us goo. đ
#usdr #safety
đ Safety First! đĄïž Protect your precious digital assets with top-notch security measures. Your crypto, your responsibility! #CryptoSecurity #StaySafe #GOATMoments #Binance #safety
Is binance safe for funding?
Binance has implemented several security measures, including two-factor authentication (2FA), cold storage for funds, and a Secure Asset Fund for Users (SAFU), making it one of the safer options among cryptocurrency exchanges. While no exchange is completely immune to risks, Binance has demonstrated a commitment to addressing security incidents swiftly and enhancing their security protocols. However, users should also take personal precautions, such as enabling 2FA and being cautious of phishing attempts, to further enhance their security when using Binance or any other exchange.
#Binance #security #best #safety #BNB
Binance has implemented several security measures, including two-factor authentication (2FA), cold storage for funds, and a Secure Asset Fund for Users (SAFU), making it one of the safer options among cryptocurrency exchanges. While no exchange is completely immune to risks, Binance has demonstrated a commitment to addressing security incidents swiftly and enhancing their security protocols. However, users should also take personal precautions, such as enabling 2FA and being cautious of phishing attempts, to further enhance their security when using Binance or any other exchange.
#Binance #security #best #safety #BNB
the dawn of ConstitutionDAO is nearing, be careful everyone!
People/usdt supposedly about to make a huge bull trap, top tier house of cards about to unveil
#peopleusdt #people #ConstitutionDAO #riskmanagement #safety
People/usdt supposedly about to make a huge bull trap, top tier house of cards about to unveil
#peopleusdt #people #ConstitutionDAO #riskmanagement #safety
đ5 Tips to Secure Your Cryptocurrency Holdingsđ
đđ§đȘâą Instead of storing your seed phrase digitally, write it down on a piece of paper and keep it in a secure location offline, such as a safe or a locked drawer.
âđ”âą Be cautious of social media accounts claiming to be influential figures in the cryptocurrency space. Verify their authenticity by looking for the blue checkmark or other signs of verification.
ââïžđâą When managing your crypto wallet or conducting transactions, avoid using public WiFi networks, as they may be susceptible to hacking and interception.
đ”đ«âą If you come across a live stream video promising free cryptocurrency in exchange for sending some first, be skeptical. Look for signs of legitimacy such as the number of followers, comments, and previous content on the channel.
đâą If you receive a video or audio message that seems suspicious, pay attention to inconsistencies in the content, such as unnatural movements or robotic speech patterns, which could indicate an AI-generated deepfake.
#Write2Earn #TrendingTopic #scams #safety #wallets.
$ETH
$TRX
$ETC
đđ§đȘâą Instead of storing your seed phrase digitally, write it down on a piece of paper and keep it in a secure location offline, such as a safe or a locked drawer.
âđ”âą Be cautious of social media accounts claiming to be influential figures in the cryptocurrency space. Verify their authenticity by looking for the blue checkmark or other signs of verification.
ââïžđâą When managing your crypto wallet or conducting transactions, avoid using public WiFi networks, as they may be susceptible to hacking and interception.
đ”đ«âą If you come across a live stream video promising free cryptocurrency in exchange for sending some first, be skeptical. Look for signs of legitimacy such as the number of followers, comments, and previous content on the channel.
đâą If you receive a video or audio message that seems suspicious, pay attention to inconsistencies in the content, such as unnatural movements or robotic speech patterns, which could indicate an AI-generated deepfake.
#Write2Earn #TrendingTopic #scams #safety #wallets.
$ETH
$TRX
$ETC
Don't be a victim of crypto scams! đ±
Cryptocurrency scams are on the rise, and they're getting more sophisticated all the time. In my latest article, I reveal the top 5 crypto scams of all time, and explain how you can protect yourself from falling victim.
Click here to learn more:
#cryptoscams #CryptoNewsđđ°đ« #Investing #safety #awareness
Cryptocurrency scams are on the rise, and they're getting more sophisticated all the time. In my latest article, I reveal the top 5 crypto scams of all time, and explain how you can protect yourself from falling victim.
Click here to learn more:
#cryptoscams #CryptoNewsđđ°đ« #Investing #safety #awareness
Don't Get Scammed P2P Trading Safety Tips
Peer-to-peer (P2P) trading is a convenient way to buy and sell cryptocurrencies. However, it is important to be aware of the risks involved. Here are some safety tips for P2P trading on Binance:
Do your research. Before you start trading, take some time to research the person or company you are trading with. Check their reputation and make sure they are reputable. You can do this by reading reviews, checking their social media presence, and looking for any red flags.
Use escrow. Escrow is a service that holds funds in trust until the transaction is complete. This can help to protect you from being scammed. Binance offers an escrow service for all P2P trades.
Beware of high fees. Some P2P traders charge high fees. Make sure you understand the fees involved before you start trading.
Use a secure payment method. When you are paying for cryptocurrency, use a secure payment method, such as a credit card or bank transfer. This will help to protect your financial information from being compromised.
Beware of scams. There are many scams that involve P2P trading. Some common scams include:
The fake escrow scam: The scammer will send you a fake escrow address to send your funds to. Once you have sent the funds, they will disappear.
The fake payment scam: The scammer will send you a fake payment confirmation. Once you have released the cryptocurrency, they will disappear.
The phishing scam: The scammer will send you a phishing email that looks like it is from Binance. The email will ask you to provide your personal information or login credentials.
Here are some additional tips that you can follow to stay safe when trading cryptocurrencies on Binance:
Use a strong password and two-factor authentication. This will help to protect your account from unauthorized access.
Never share your private keys or mnemonic phrases with anyone. These are the keys to your cryptocurrency wallets, and if they fall into the wrong hands, you could lose your funds.
Be careful about what information you share online. Scammers can use your personal information to target you.
Keep your software up to date. Binance regularly releases security updates to its software. Make sure you install these updates as soon as possible.
If you think you have been scammed, you should report it to Binance immediately. You can do this by going to the Help Center and clicking on the Report a Scam button.
By following these safety tips, you can help to protect yourself from being scammed when trading cryptocurrencies on Binance.
#Binance #safety #crypto2023
Do your research. Before you start trading, take some time to research the person or company you are trading with. Check their reputation and make sure they are reputable. You can do this by reading reviews, checking their social media presence, and looking for any red flags.
Use escrow. Escrow is a service that holds funds in trust until the transaction is complete. This can help to protect you from being scammed. Binance offers an escrow service for all P2P trades.
Beware of high fees. Some P2P traders charge high fees. Make sure you understand the fees involved before you start trading.
Use a secure payment method. When you are paying for cryptocurrency, use a secure payment method, such as a credit card or bank transfer. This will help to protect your financial information from being compromised.
Beware of scams. There are many scams that involve P2P trading. Some common scams include:
The fake escrow scam: The scammer will send you a fake escrow address to send your funds to. Once you have sent the funds, they will disappear.
The fake payment scam: The scammer will send you a fake payment confirmation. Once you have released the cryptocurrency, they will disappear.
The phishing scam: The scammer will send you a phishing email that looks like it is from Binance. The email will ask you to provide your personal information or login credentials.
Here are some additional tips that you can follow to stay safe when trading cryptocurrencies on Binance:
Use a strong password and two-factor authentication. This will help to protect your account from unauthorized access.
Never share your private keys or mnemonic phrases with anyone. These are the keys to your cryptocurrency wallets, and if they fall into the wrong hands, you could lose your funds.
Be careful about what information you share online. Scammers can use your personal information to target you.
Keep your software up to date. Binance regularly releases security updates to its software. Make sure you install these updates as soon as possible.
If you think you have been scammed, you should report it to Binance immediately. You can do this by going to the Help Center and clicking on the Report a Scam button.
By following these safety tips, you can help to protect yourself from being scammed when trading cryptocurrencies on Binance.
#Binance #safety #crypto2023
đš ELLIPTIC EXPOSES $11B SCAM NETWORK VIA HUIONE GUARANTEE đš
Elliptic's latest report reveals the Huione Guarantee marketplace, run by Cambodian conglomerate Huione Group, has facilitated over $11 billion in illicit transactions. These transactions predominantly involve money laundering and cyber scams across Southeast Asia, utilizing Tether ($USDT) for payments.
đ Blockchain Transparency
Tom Robinson, co-founder and chief scientist at Elliptic, highlighted the ability to quantify these transactions thanks to the blockchain's transparency. "This aspect, of course, also means that these crypto transactions can be tracked and blocked in a way that is not possible with other payments," he explained.
đ Services Offered by Huione Guarantee
Operating mainly in Chinese, Huione Guarantee's marketplace involves thousands of instant messaging app channels managed by separate merchants. Services offered include:
- Selling personal data
- Money laundering
- Software and web development for scam websites
- Tools and equipment for imprisoning and torturing scam workers
đž Tether Transactions
While the platform uses various payment methods, Tether is predominantly used due to its trackability compared to traditional fiat flows. A Tether spokesperson emphasized the need for direct engagement with counterparties to freeze illicit activities, criticizing those who publicize findings without intervention.
đ”ïž Ellipticâs Investigation
Elliptic identified hundreds of crypto addresses linked to Huione Guarantee and its merchants. Robinson noted that businesses could use blockchain analytics to avoid transactions with these entities. "We have labeled several hundred addresses in our tools that are used by these entities, and our customers can screen transactions and wallets for links to them," he said.
Crazy story, right?
Reminds me of the times where the "darknet" was at it's peak!
#scamalert #scam #alert #warning #safety
$BTC $ETH $BNB
Elliptic's latest report reveals the Huione Guarantee marketplace, run by Cambodian conglomerate Huione Group, has facilitated over $11 billion in illicit transactions. These transactions predominantly involve money laundering and cyber scams across Southeast Asia, utilizing Tether ($USDT) for payments.
đ Blockchain Transparency
Tom Robinson, co-founder and chief scientist at Elliptic, highlighted the ability to quantify these transactions thanks to the blockchain's transparency. "This aspect, of course, also means that these crypto transactions can be tracked and blocked in a way that is not possible with other payments," he explained.
đ Services Offered by Huione Guarantee
Operating mainly in Chinese, Huione Guarantee's marketplace involves thousands of instant messaging app channels managed by separate merchants. Services offered include:
- Selling personal data
- Money laundering
- Software and web development for scam websites
- Tools and equipment for imprisoning and torturing scam workers
đž Tether Transactions
While the platform uses various payment methods, Tether is predominantly used due to its trackability compared to traditional fiat flows. A Tether spokesperson emphasized the need for direct engagement with counterparties to freeze illicit activities, criticizing those who publicize findings without intervention.
đ”ïž Ellipticâs Investigation
Elliptic identified hundreds of crypto addresses linked to Huione Guarantee and its merchants. Robinson noted that businesses could use blockchain analytics to avoid transactions with these entities. "We have labeled several hundred addresses in our tools that are used by these entities, and our customers can screen transactions and wallets for links to them," he said.
Crazy story, right?
Reminds me of the times where the "darknet" was at it's peak!
#scamalert #scam #alert #warning #safety
$BTC $ETH $BNB