Even owners of billions of dollars and experienced participants in the cryptocurrency market are not immune from the threats of the virtual world. Security in the field of cryptocurrencies is a matter of paramount importance.
Unexpected hack
The wallet of the famous billionaire Mark Cuban remained inactive for almost six months - 160 days. However, after such a break, funds suddenly began to be withdrawn from the account. Just hours after discovering the unauthorized transactions, the billionaire confirmed that the funds had been stolen.
Quick Actions
When Mark Cuban noticed that assets began to disappear, he nevertheless managed to save some of the funds. He promptly transferred 2 million $USDC to #Coinbase Custody.
Suspicions and warnings
There is speculation that Cuban may have accidentally signed a malicious transaction. This incident was a reminder of the importance of following safety measures:
Address Verification: Always make sure the address you are transferring money to is correct.
Beware of Suspicious Links: Avoid opening unknown or suspicious links.
Asset diversification: Do not keep all your funds on one wallet or exchange. A variety of assets can prevent complete loss of funds in the event of a hack.
This case highlights the importance of not only the ability to earn money, but also the ability to save it. Without adequate security measures, all efforts to earn money may be in vain.