#CryptoSecurity101
🔐 CryptoSecurity101: Is your digital wallet secure?
With the expansion of investment in cryptocurrencies, cyber attacks have become more sophisticated and brazen, with over $430 million in thefts recorded in the first quarter of 2025 alone, most of which resulted from breaches of inadequately protected wallets or clever phishing attacks targeting users through social networks or emails.
In this context, the importance of distinguishing between hot wallets and cold wallets has emerged, with the latter still being the better option for securing large assets. In addition, technologies like 2FA, offline private keys, and decentralized storage services (such as Arweave and IPFS) provide an additional level of security for professional investors.
💱 Suggested pair to monitor: ETH/USDT
The ETH/USDT pair has experienced significant volatility this week, as Ethereum dropped from $3,960 to $3,711 in just two days due to rumors of a flaw in one of the smart contract wallets associated with Lido Staking. This decline was not due to normal market movement but rather a temporary security panic, confirming that news related to digital security directly affects prices, especially in pairs like ETH/USDT with high volumes.
🧠 Security recommendations for investors:
1. Do not store your private keys on your phone or personal computer without encryption.
2. Use a cold wallet to store long-term cryptocurrencies.