very usefull info

Richard Teng, CEO of Binance, has released a critical guide on safeguarding smartphones containing cryptocurrency wallets, especially in the event of loss or theft. In a recent statement, Teng emphasized the vital importance of phone security, warning that a lost device could expose sensitive information, jeopardize accounts, and result in significant financial losses.
Teng outlined three key proactive steps to protect smartphones and the valuable crypto assets they hold: “Secure your phone with biometrics, enable remote wipe capabilities, and back up 2FA codes.” He also directed readers to a detailed Binance article for additional insights and a broader range of security recommendations.
The Binance article expands on Teng’s advice, categorizing measures into two main areas: actions to take if a phone is already lost—such as contacting the mobile carrier and resetting critical account passwords—and preventive steps to implement beforehand, like using strong passcodes, biometric locks, and disabling sensitive notifications on the lock screen. These recommendations aim to help users protect their hard-earned crypto assets from potential threats.