#CryptoSecurity101
Phishing Attacks*: Phishing attacks in cryptocurrency cost users $5.29 million in April, with attackers diversifying their methods. A fraudulent phishing theft of $4 million from Aave ETH was also reported, highlighting the complexity of these attacks.
- *Malware*: A warning from Bitcoinlib alerts about fake Python packages targeting cryptocurrency wallets. Malware attacks and address poisoning attacks are other threats to be cautious of.
- *Hacks*: The Curve Finance account on platform X was hacked, and OKX DEX resumed operations after a $100 million money laundering scandal with immediate disclosure of the abuse ¹ ² ³.
*Security Measures:*
- *Cold Multi-signature Wallets*: Consider using cold multi-signature wallets for added security, but note that they are not entirely foolproof.
- *Private Key Security*: Prioritize private key security and smart contract audits to safeguard decentralized finance.
- *Two-factor Authentication*: Enable two-factor authentication and use strong passwords to protect your accounts.
- *Website and App Verification*: Always verify the credibility of websites and applications to avoid phishing scams.