CryptoSecuriry101

#CryptoSecurity101
For the sixth topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CryptoSecurity101 .
Security is paramount in Web3. Knowing how to store assets safely, protect private keys, and navigate wallets is essential for long-term participation in crypto.
💬 Your post can include:
· Compare hot and cold wallets. Do you use hot wallets, cold wallets, or a mix of both? Why?
· How do you manage and secure your crypto assets?
· Share best practices that helps others stay SAFU.
👉 Create a post with #CryptoSecurity101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
#CryptoSecuriry101

#CryptoSecurity101 The SEC Crypto Roundtable, held on June 9, 2025, focused on decentralized finance (DeFi) and its implications. Key remarks from the event include
#CryptoSecuriry101
- *Diverse Viewpoints*: SEC Commissioner Caroline A. Crenshaw highlighted the diverse set of viewpoints from different segments of the industry, emphasizing that "crypto" is far from a monolith.
- *Regulatory Framework*: SEC Chair Paul Atkins called for a comprehensive regulatory overhaul, aiming to create an innovation-friendly framework that would make the US a hub for cryptocurrency innovation.
#CryptoSecuriry101
- *DeFi Discussions*: The roundtable discussed regulatory questions around DeFi, including smart contracts, token governance, investor protection, and asset safety.
- *Industry Growth*: The event showcased the SEC's efforts to align with growing crypto adoption and demand, potentially leading to a shift in the regulator's perspective on digital assets.

*Key Speakers:*

- *Commissioner Hester Peirce*: Led the meeting and provided insights on the industry's future.
- *SEC Chair Paul Atkins*: Emphasized the need for a regulatory overhaul to foster innovation.
- *Commissioner Caroline A. Crenshaw*: Highlighted the diversity of viewpoints in the crypto industry.
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#CryptoSecurity101 🔒 **Crypto Security 101: Protect Your Assets Like a Pro** (#CryptoSecurity101)
In the fast-moving world of Web3, security isn’t optional—it’s **essential**. From wallet hacks to phishing scams, knowing how to safeguard your crypto can make the difference between building wealth and losing it overnight.
🔥 **Let’s break it down:**
- **Hot vs. Cold Wallets**—Which do you trust more? Or do you use a mix?
- **How do you secure your crypto assets?** Share your top security practices!
- **Your SAFU strategy**—What are the must-follow steps to keep funds safe?
- **A lesson learned**—Tell a real story where security made or broke a trade.
#CryptoSecuriry101

#CryptoSecurity101
🔺🔺 P2P SCAM ALERT: My Bank Account Got Frozen 🔺🔺
Hey Binance community,
I want to share a cautionary experience that could help you avoid a serious mistake and keep your funds safe.
Back in February, I was casually trying to make a UPI payment when it failed. I tried again, but still no luck. Thinking it was a temporary issue, I contacted my bank—only to receive a shocking update: my bank account had been frozen due to suspected involvement with illegal funds.
After further investigation, I learned that someone who had paid me through a P2P transaction on Binance was involved in fraudulent activity. As a result, every account they transacted with—including mine—was blocked.
🔑 Key Takeaways to Stay Safe:
Never trade with users who have less than 50% trade history or below a 95% completion rate.
Always ensure you're sending/receiving payments to/from a bank account with the exact same name as the Binance account holder.
Unfortunately, my bank account is still frozen to this day. Don't let this happen to you.
Stay alert. Stay safe.
#CryptoSecuriry101