👉What is CryproSecurity❓️
Crypto security, also known as cryptocurrency security or blockchain security, refers to the measures and practices used to protect digital assets and transactions within the cryptocurrency ecosystem. This includes safeguarding private keys, securing wallets, and ensuring the integrity of the underlying blockchain.
👉High-Profile Crypto Hacks: Case Studies
• Bybit (2025): $1.5B ETH stolen, Lazarus Group linked.
• Mt. Gox (2014): $460M BTC lost, bankrupted.
• Coincheck (2018): $534M NEM taken.
• Binance (2019): $40M BTC hacked, refunded.
• WazirX (2024): $235M lost, lawsuit filed.
• Coinbase (2025): $180M-$400M in data breach costs. Total stolen since 2011: $15.6B+.
• Hot wallets, phishing, and smart contract flaws are common vulnerabilities. Stay cautious!
👉 Protect Your Assets!
• 🔐Use Strong Wallets: Opt for hardware wallets (e.g., Ledger, Trezor) or trusted software wallets with 2FA.
• 🔑Secure Your Keys: Never share private keys or seed phrases. Store them offline in a safe place.
• 🐟Beware of Scams: Avoid phishing links and verify URLs before connecting wallets.
• 🔒Enable 2FA: Use authenticator apps (not SMS) for exchanges and accounts.
•⚒️ Stay Updated: Keep software and firmware updated to patch vulnerabilities.
• 🔎Research Projects: DYOR before investing—check team, whitepaper, and community.
⚠️Pro Tip: If it sounds too good to be true, it probably is. Stay vigilant❗️
#CryptoSecurity101 #StaySafe