In crypto, there is no central authority that will recover your funds if you lose them. Therefore:
If you lose your password or private key, you may lose access forever.
If you send your money to the wrong address, the transaction cannot be reversed.
> 🔐 Tip: Keep a secure backup of your private keys and passwords (like Seed Phrase). Important information about your account security that may interest you
2. Use secure wallets
A cold wallet like Ledger or Trezor is safer because it is not connected to the internet.
A hot wallet like Trust Wallet or MetaMask is suitable for daily use, but it is more susceptible to hacking.
> 🔒 Tip: Keep large amounts in a cold wallet, and only small amounts in hot wallets.
3. Beware of phishing and scams
Famous attacks like:
Fake websites that resemble original sites (Phishing)
Fake messages on Telegram or email asking you to "verify" your wallet
Fake crypto projects (Scams)
> 🚫 Tip: Never share your private key with anyone, even if they claim to be from "technical support".
#CryptoFees101 $XRP #CryptoFees101: Your Guide to Understanding Crypto Fees
In the world of cryptocurrencies, fees play a significant role in reducing your profits or improving your strategy, especially for beginners.
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Types of Fees in Crypto
1. Network Fees (Network Fees / Gas Fees)
Paid to miners or validators for processing transfers on the blockchain.
Vary by network: | Network | Type of Fee | Notes | |-------------|------------------|------------| | Bitcoin | BTC Fees | Depends on data size | | Ethereum | Gas (in Gwei) | Fluctuates with congestion | | BNB Chain | Very Low | Suitable for beginners | | Solana / TRON | Nearly Zero Fees | Fast and Cheap
The total market capitalization declined by more than 3% last week, with a significant drop in most currencies except for some minor gains like TRX.
The “Fear and Greed” index in the market rose to 62, a level indicating a trend towards greed, supported by movements like James Wynn taking a leveraged position (40×) on Bitcoin, and the competitive event for the OL token on the Binance platform. $XRP
The RLUSD (stablecoin linked to Ripple) has had its moments in the spotlight, with its addition to new trading platforms such as Bitget, alongside RLUSD/BTC and ETH trading pairs.
During the Bitcoin conference in Las Vegas, U.S. Senator J.D. Vance stated that "for the first time, crypto has a real ally in the White House," referring to a supportive regulatory approach from the Trump administration.
#OrderTypes101 $XRP XRP Amid Legal Waves and Fluctuating Performance
XRP is facing legal pressures related to a potential settlement with the SEC, with an important court update due by June 16, which is affecting market trends in the near future.
The currency has seen a slight increase of ~7% to $2.20 after previous fluctuations, driven by investor expectations for the announcement of XRP ETF funds.
Hack of Account √8.3 Million Dollars – Alex Protocol
The hack of the Alex Protocol layer two network has finally been revealed, where funds estimated at 8.3 million dollars were stolen, which affected investor sentiment towards new L2 systems.
– Circle Internet Group, the issuer of USDC, has seen a significant jump since its first trading day, exceeding ±170%, and these gains were confirmed to have doubled on its second day, raising its market valuation to around 20 billion dollars .
– This event has sparked momentum in the market, attracting the interest of major companies like Apple, X, and Airbnb to consider integrating stablecoins as an effective payment method worldwide .
The Entry of Politics into the Bitcoin Conference
– The Bitcoin 2025 conference in Las Vegas has turned into a political platform, witnessing support from local public entities and figures from the Republican party previously, including texts to introduce favorable regulations for the crypto industry .
The pace of Bitcoin profit-taking accelerated after the golden cross, with Bitcoin exchanges exceeding $500 million per hour, according to blockchain data.
The 50-day simple moving average of Bitcoin surpassed its 200-day average on May 22, confirming the golden cross.
With the increasing interest in cryptocurrencies, the issue of security has become extremely important. Theft and hacking are among the most prominent risks that threaten users, especially given the decentralized nature of cryptocurrencies that makes it difficult to recover stolen assets. In this article, we present the most important tips to protect yourself from theft in the crypto world:
1. Use secure wallets
Cold Wallets: such as Ledger and Trezor, which are offline wallets and considered the safest option for long-term storage.
Hot Wallets: such as Trust Wallet and MetaMask, suitable for daily use but should be well secured.
2. Keep your private keys and secret phrases safe
Do not share your private keys or recovery phrase (Seed Phrase) with anyone.
Store them in a safe place offline, preferably writing them down by hand and keeping them in a protected location.
3. Enable two-factor authentication (2FA)
Use apps like Google Authenticator or Authy instead of text messages (SMS) to reduce the risk of hacking via SIM card.
4. Be cautious of phishing
Check the website address before logging in.
Do not click on suspicious links or open emails from unknown sources.
5. Update software regularly
Ensure that your operating system, browser, and digital wallet are always updated to close security vulnerabilities.
LayerZero (ZRO): The market is expected to experience volatility on June 20 due to the unlocking of 25.71 million ZRO tokens, representing 23.13% of the circulating supply. #MyCOSTrade #MarketRebound #EDGENLiveOnAlpha $ZRO
United States: Major banks like JPMorgan and Bank of America are working on developing a stable "digital dollar," coinciding with the Treasury Department's decision to cease penny production by 2026.
Trump Administration: Trump Media & Technology Group is seeking to raise $3 billion to invest in digital currencies, as part of a plan to make the United States a global hub for cryptocurrency.
Britain: Nigel Farage announced a bill on "Digital Currencies and Digital Finance" aimed at transforming London into a global hub for cryptocurrency, imposing a 10% capital gains tax on digital currencies.
Neom: A Futuristic Platform for Launching a Digital Currency
In light of the global shift towards the digital economy, and the increasing reliance on digital currencies and financial technology, the idea of launching a digital currency specifically for the Neom project has recently become a promising topic that opens new horizons for financial innovation within the largest smart city in the world.
What is the idea? The Neom project aims to be the first city in the world that does not use traditional cash, but instead relies entirely on a **smart digital payment system**, which may include a **local digital currency** (Neom Coin) managed via blockchain technology, contributing to faster transactions, enhanced transparency, and providing a smart economic environment within the city.