The Common Attacks in Crypto and How to Avoid Them

PHISHING ATTACKS

Phishing is one of the most commonly used techniques in the crypto industry and comes in different forms. In general, the attacker tries to steal your sensitive information (e.g. credentials, credit card information, private keys, etc) by posing themselves as a legitimate business, a famous figure, or your friends and family members.

  • Always be cautious when someone asks for sensitive information like your credit card information or private keys. Your private keys and seed phrase are for your eyes only.
  • Do not click on the links and try to access your platform directly.
  • Always check the URL. You can also bookmark the websites you visit frequently.

Fake Social Media Giveaway

If you take a look at crypto-related pages on Twitter or Facebook, you may come across many giveaway messages that promise to 10x your investment. All you need to do is just send them a little crypto! You may even receive a DM from a well-known figure in the crypto space calling you a lucky one and promising you insane profits!

Malicious Applications

As a digital form of money, cryptocurrencies are targeted by many malicious applications. Let’s go through some of them together:

  • Install a trusted antivirus and keep it updated
  • Make sure that the company has released an app for your intended platform and always download the apps from the official website directly
  • Always double-check everything such as your transaction address, contract address, links etc

ABOUT US

DIFX is an exchange platform that uses blockchain technology to incorporate centralized finance. It is an easy-to-use platform for both new and experienced traders, establishments, and investors. As covered by Cointelegraph, BeInCrypto, and many other media outlets, DIFX allows users to nominate anyone from their family, friends or loved ones and allows them to legitimize their claim upon the primary user’s demise.

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