#CryptoSecurity101 Crypto Security 101: How Hacks Happen & How to Stay Protected...

As the crypto industry continues to grow, so does its focus on security. With billions of dollars being traded and stored on both centralised finance (CeFi) exchanges and decentralised finance (DeFi) platforms, ensuring asset protection has become a top priority. While the space has seen its share of challenges, the good news is that crypto platforms are constantly evolving, adopting advanced security measures to safeguard users and build trust. From multi-layered authentication in CeFi to smart contract audits in DeFi, the industry is actively working to stay ahead of potential threats. In this blog, we’ll explore how security in crypto has strengthened over time, the proactive steps platforms take to protect funds, and how users can play a role in maintaining a secure trading environment.