Yesterday I saw a news article,
A certain crypto investor used a cold wallet purchased on Douyin,
Assets worth 50 million yuan were stolen overnight 🙈
This player placed an order on Douyin to buy a hardware wallet,
The wallet was emptied the moment the private key was generated,
Assets worth 50 million yuan in the account were completely looted,
This asset cannot be recovered, it has already been laundered.
When buying cold wallets/hardware wallets online, you must be cautious,
Be sure to purchase through official and legitimate channels,
The so-called brand new, unopened, and special price cold wallets are 99% fake,
Once a new wallet is created, or the original wallet mnemonic phrase is imported,
It may lead to mnemonic leakage, asset theft, the wallet being emptied, and it is difficult to prevent.
Cryptocurrency is decentralized, a safe on-chain asset,
No one can risk control the account or freeze the balance.
But if the wallet mnemonic phrase is stolen or leaked,
Others can also transfer the wallet balance away.
There is no customer service, and no related organizations can intercept or help recover it.
If you want to use an on-chain wallet to store assets,
You must first learn the basic operations of using a wallet,
If you authorize incorrectly or click on unknown links,
It will lead to mnemonic leakage and asset theft.
Once you pay tuition on the wallet, it will be a very expensive tuition!
For example, 50 million yuan, an ordinary person might not earn that in a lifetime 😂
And those who bought $BTC early and can hold it,
May achieve financial freedom through the crypto market.
Come join the initial Xiao Chain Binance group chat
Let's learn web3 wallet usage skills together.