#CryptoSecurity101 "Crypto security" can refer to two main areas, depending on context:👉
1. Cryptocurrency Security
This involves protecting your digital assets (like Bitcoin, Ethereum, etc.) from theft, fraud, and loss. Key components include:
🔐 Wallet Security💪
Hot wallets (online): Convenient but vulnerable to hacks.
Cold wallets (offline, e.g., hardware wallets): Safer for large holdings.
Multisig wallets: Require multiple keys to authorize a transaction.
🔑 Private Key Management👍
Never share your private key or seed phrase.
Use password managers or physical backup (on paper or metal).
Consider multi-factor authentication (MFA) for exchanges.
🧠 Common Threats👉
Phishing attacks: Fake websites/emails mimicking legitimate ones.
Malware: Keyloggers, clipboard hijackers.
SIM swapping: Stealing your mobile identity to bypass MFA.
🛡️ Best Practices:=
Use reputable wallets and exchanges.
Enable 2FA (e.g., Google Authenticator).
Keep software and devices updated.
Regularly review transaction history.
Don't reuse passwords;
2. Cryptography Security:
This deals with securing data through mathematical encryption techniques — a foundational aspect of both cryptocurrency and traditional cybersecurity.$SOL