How To Protect Cryptocurrency From Cyber-Attack?

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How To Protect Cryptocurrency From Cyber-Attack?

• - Coins Capture

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How To Protect Cryptocurrency From Cyber-Attack?

• Bitcoin and Ethereum have become popular and are
  in great demand, making them a target for hackers
  who wish to take advantage of these valuable
  assets. As digital currencies increase in value
  and become more prevalent in our daily lives, the
  economics of hacking suggests that attackers will
  continue to gravitate toward them. 
• One of the most striking incidents involved the
  theft of more than 35 million from Crypto.com, a
  platform for buying and selling Bitcoin and
  other Cryptocurrencies. Using Crypto as a
  currency is a paradigm shift towards a more
  decentralized system of money, and storing your
  Crypto in wallets and other places is fine, but
  you can't just leave it lying around. Since
  hackers can erase their digital footprints,
  tracking their work can be difficult. In
  addition, the Crypto sector is still not
  regulated by any government entity or central
  bank investors do not have any legal recourse
  when their accounts have been hacked.

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5 Tips for Protecting a Cryptocurrency Investment

• 1.Take a Hybrid Approach to Digital Wallet
  Security
• Hackers have been interested in online wallets as
  they have risen in popularity. According to
  experts, physical wallets should be used to hold
  the majority of a consumer's bitcoin, with just a
  tiny quantity of cash kept in the online wallet.
  The physical wallet should also be kept safe,
  such as in a safe or safety deposit box. It is
  also advised to keep the private and public keys
  separate. Both should be protected with strong
  passwords and, if feasible, multi-factor
  authentication. More traditional choices will
  develop as bitcoin becomes more ubiquitous, but
  in the meanwhile, you are responsible for keeping
  your money secure.

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• 2.Two Strong Passwords are Key
• Cryptocurrency services are high on the list of
  targets for hackers, so you should never reuse
  passwords across accounts. Though Cryptocurrency
  is an innovative technology with a quick
  evolution, the easiest and fastest way to secure
  your wallet is by using tried-and-true security
  measures. Choose a strong, unique password that
  no one else can guess for each, and also if
  possible, you can enable two-factor
  authentication and password rotation. An
  automated password manager can streamline this
  process and reduce the number of guesses.
•         3.Dont Post Online about the Success in
  Crypto
• Crypto remains relatively unknown in many parts
  of the world. Unless they read sensational media
  accounts of people who got rich from Bitcoin
  early, their only insight is sensational media
  reports. Some investors are passionate about the
  status of their chosen currency. If you have a
  public profile, be cautious about publishing
  criticism, strong negative sentiments, or factual
  information about certain currencies on Social
  Media. Some enthusiasts could retaliate by
  publicly revealing your phone number, address,
  spouse's name, and so on.
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