Recently, we witnessed a painful incident where a crypto investor lost $32 million due to a phishing attack while using decentralized finance (DeFi). đŸ˜± This incident highlights a common mistake that even experts can make!

📉 Shocking statistics:

- 14.4% of cryptocurrency users have fallen victim to phishing attacks. 😟

- Losses of over $314 million were recorded in the first half of 2024 due to these attacks across the Ethereum Virtual Machine chains.

đŸ› ïž Tips to avoid attacks:

1. Re-check the sites: Make sure the site you are dealing with is legitimate and understand what you are signing up for. 🔍

2. Use secure wallets: Choose wallets and protocols that offer easily readable transactions. 🏩

3. Signing transactions: Make sure every transaction is signed, adding an extra layer of security. 📝

🌐 Latest icon models:

Some chains like Cardano use the native asset model, which enhances security and reduces the possibility of hacking. 🔒

đŸ€” Finally:

Investors need to be extra careful and learn how to protect themselves in the DeFi world, where money can easily be lost due to human errors. Be aware and avoid falling victim to attacks! ⚠