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Author Topic: Nowhere is safe part 2  (Read 359 times)
Rampagoe004
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December 24, 2023, 10:21:19 AM
 #41

I usually do anything to ensure the safety of my crypto assets. I could do something like secure my seed phrase offline by saving it somewhere disconnected from the internet. I also like to enable 2FA on all sites where I store my crypto assets and if necessary I will do an OTP via phone call. Even though it sounds like a hassle, in the 5 years I've been on this forum I've never once lost any of my assets even though my assets are actually only a few thousand dollars if you put them all together.

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avp2306
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December 24, 2023, 10:34:28 AM
 #42

Nowhere is safe if you don’t know how to secure your asset properly. All of the issue including hacking events only possible because the victim itself use the service that got exploited. Crypto holders should have a separate air gapped wallet for their main holdings to their money for trading to avoid exposing to risk all his asset at once.
I agree with you. I believe the real or possible cause of this hacks is as a result of using main wallet for all transactions. I think there is need to have separate wallets, so that one should be for storage while the other one is for frequent transactions.

That's good option to have since actually it can save our funds to get drained if we mistakenly click any link that contain those malware. But some other people think that this is hassle action that's why they choose to have one only.  But in case like that, they should know how to secure their wallet and choose to have their own private key then they should never click any random especially those shortened links comes from unverified source to get away on troubles that we possibly encounter. People just need awareness about different methods use by criminals so that they can assure to be safe from hacking and scamming.

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Best-mary (OP)
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December 26, 2023, 01:54:18 PM
 #43

I usually do anything to ensure the safety of my crypto assets. I could do something like secure my seed phrase offline by saving it somewhere disconnected from the internet. I also like to enable 2FA on all sites where I store my crypto assets and if necessary I will do an OTP via phone call. Even though it sounds like a hassle, in the 5 years I've been on this forum I've never once lost any of my assets even though my assets are actually only a few thousand dollars if you put them all together.

You've said it all. In most of the exchanges we use, they usually ask us to do more security by giving us options on many ways to secure our assets. I also have not encountered any sort of security bridging in any of the exchange I'm using

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
Best-mary (OP)
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December 26, 2023, 01:56:07 PM
 #44

Nowhere is safe if you don’t know how to secure your asset properly. All of the issue including hacking events only possible because the victim itself use the service that got exploited. Crypto holders should have a separate air gapped wallet for their main holdings to their money for trading to avoid exposing to risk all his asset at once.
I agree with you. I believe the real or possible cause of this hacks is as a result of using main wallet for all transactions. I think there is need to have separate wallets, so that one should be for storage while the other one is for frequent transactions.

That's good option to have since actually it can save our funds to get drained if we mistakenly click any link that contain those malware. But some other people think that this is hassle action that's why they choose to have one only.  But in case like that, they should know how to secure their wallet and choose to have their own private key then they should never click any random especially those shortened links comes from unverified source to get away on troubles that we possibly encounter. People just need awareness about different methods used by criminals so that they can assure to be safe from hacking and scamming.

It's so bad that many people get to click any link they see. I think I'll write something about this when next I talk about this topic. I'm thinking of making a part 3 of it on how we can be safe from all this drama

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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December 26, 2023, 02:01:06 PM
 #45

Hackers were there roaming around like a lion seeking for whom to devour, we must always have this on our minds, then try as much as possible to understand the ways we could achieve a maximum security practice and stay safe with the use of our wallet, when we have an understanding of what to do, we will not remain stranded to defend ourselves in case of times they are striking at us for an attack.



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GlacierBIT
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December 26, 2023, 02:20:44 PM
 #46

I usually do anything to ensure the safety of my crypto assets. I could do something like secure my seed phrase offline by saving it somewhere disconnected from the internet. I also like to enable 2FA on all sites where I store my crypto assets and if necessary I will do an OTP via phone call. Even though it sounds like a hassle, in the 5 years I've been on this forum I've never once lost any of my assets even though my assets are actually only a few thousand dollars if you put them all together.
Using all available forms of protection is the right approach, it is better to put in the effort and spend a little time to make your efforts pay off. The most important thing is that your assets remain safe for many years. I do the same, it's important when peace of mind, it gives strength and confidence.

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December 26, 2023, 03:09:45 PM
 #47

Indeed you where correct, now it's obvious no where is safe for the safe keeping of your cryptocurrency. Hackers are becoming more smart and fast, most especially this period, but that doesn't mean we should avoid the use of hardware wallets. They are still the best and the safest for now until a more top secure wallet is built beside, ledger claims that the attack was not centered on hardware wallet but on the Dapps who used ledgers connectkit. Tether have already frozen the account of the hacker while $254k was still found in the hacker wallet address, so it's possible it might be reversed back to ledger, ledger are looking forward to make a more secure upgrade, so let's keep our hopes high that such aren't gonna happen again.

That's why we need to focus on our wallets if there's a links then passed by other people then we should don't open it. And also we must don't give our private informations about our wallet's, cause nowadays scammers fo their very best to scam people cause through scams they can earn a lot of money, so we every individual must stay safe and also our money will safe from the scammers. So it better to double our security.
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February 29, 2024, 11:01:17 PM
 #48

Though I don't your point but there are places that are safer than the other, though hackers can not be stopped totally but with good information from reliable crypto enthusiasts we can make a good choice of a custodian wallet for the safe custody of our coin, cyber attackers are everywhere looking for the fastest opportunity to attack at all time because that's what they are trained to do, we should at all time be security conscious of our wallet, your wallet as far as crypto is concerned is your way of recruiting your asset, so for you to continue in the business it should be protected with every measure it means available.

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March 01, 2024, 04:46:41 AM
 #49

Indeed you where correct, now it's obvious no where is safe for the safe keeping of your cryptocurrency. Hackers are becoming more smart and fast, most especially this period, but that doesn't mean we should avoid the use of hardware wallets. They are still the best and the safest for now until a more top secure wallet is built beside, ledger claims that the attack was not centered on hardware wallet but on the Dapps who used ledgers connectkit. Tether have already frozen the account of the hacker while $254k was still found in the hacker wallet address, so it's possible it might be reversed back to ledger, ledger are looking forward to make a more secure upgrade, so let's keep our hopes high that such aren't gonna happen again.

That's why we need to focus on our wallets if there's a links then passed by other people then we should don't open it. And also we must don't give our private informations about our wallet's, cause nowadays scammers fo their very best to scam people cause through scams they can earn a lot of money, so we every individual must stay safe and also our money will safe from the scammers. So it better to double our security.
it would be useless if we couldn't secure our wallet from hacking, this often happens because we are focused on price movements. On the other hand, various interesting link titles sometimes attract us to open them and follow the instructions and finally hacking occurs. Therefore, the most important thing is that we have to be careful of various modes that lead to hacking, because that is basic knowledge in investing

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March 01, 2024, 09:45:17 AM
 #50

it would be useless if we couldn't secure our wallet from hacking, this often happens because we are focused on price movements. On the other hand, various interesting link titles sometimes attract us to open them and follow the instructions and finally hacking occurs. Therefore, the most important thing is that we have to be careful of various modes that lead to hacking, because that is basic knowledge in investing

Sometimes we indirectly take security for granted by not being security conscious or learning new tricks by scammers or hackers. And of the best wey to defend yourself against scam or hack is when you learn how they operate, it will give you clue on how to avoid them. For example those sites that redirect you to another page, many of those site page are not secure this, it exposes you to hackers or scam. And with the current amount of persons who are desperate for airdrops, scammers have begin to use to medium to steal people's coin.

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