Cold wallets have been getting targeted by hackers a lot lately.
Even Ledger has been exploited, so the truth is: nothing is 100% safe.
By the way, 6 years ago cz
shared a few security principles that still hold up today. Worth a re-read:
đ¶ Choose a reputable exchange. Binance is now a Tier 1 exchange with top-level security. It also maintains a SAFU fund worth over $1 billion as a reserve against potential risks.
đ¶ Guard your private key and seed phrase carefully.
đ¶ Turn on 2FA and use strong passwords.
đ¶ Watch out for fake links and scams.
đ¶ Back up your wallet. Donât put all your eggs in one basket.
Stay safe, stay SAFU. Your keys, your responsibility
@CZ Binance hasnât had a major security breach since 2019, right? Whatâs behind that track record?
$BNB
Even Ledger has been exploited, so the truth is: nothing is 100% safe.
By the way, 6 years ago cz
shared a few security principles that still hold up today. Worth a re-read:
đ¶ Choose a reputable exchange. Binance is now a Tier 1 exchange with top-level security. It also maintains a SAFU fund worth over $1 billion as a reserve against potential risks.
đ¶ Guard your private key and seed phrase carefully.
đ¶ Turn on 2FA and use strong passwords.
đ¶ Watch out for fake links and scams.
đ¶ Back up your wallet. Donât put all your eggs in one basket.
Stay safe, stay SAFU. Your keys, your responsibility
@CZ Binance hasnât had a major security breach since 2019, right? Whatâs behind that track record?
$BNB