"Cryptocurrencies, at their core, are about being your own bank, and it is extremely difficult to fulfill the promise of financial freedom if your personal security and operational security are not top priorities"
This is what Burkoko, the Chief Security Officer at Kraken, said.
He added that participants in cryptocurrency conferences fail to have "basic situational awareness" and security measures, leaving themselves open to exploitation by bad actors hiding in the crowd at events.
Burkoko's team pointed out that laptops and phones owned by employees of famous crypto protocols were left unlocked and unprotected on tables at events, and some attendees openly discussed their crypto gains while revealing their personal information.
The Chief Security Officer at Kraken advised cryptocurrency conference participants to be cautious of public charging points and Wi-Fi networks, and to "be careful to protect themselves and those around them" when discussing cryptocurrency-related topics in public places.