What steps should investors take to protect their digital assets after the CoinMarketCap hack?
Florian ZiDec 26, 2021 · 3 years ago3 answers
After the CoinMarketCap hack, what actions can investors take to safeguard their digital assets?
3 answers
- Dec 26, 2021 · 3 years agoInvestors should immediately change their passwords for all cryptocurrency exchanges they have accounts with. It's also recommended to enable two-factor authentication (2FA) for added security. Additionally, investors should regularly monitor their accounts for any suspicious activity and report it to the exchange immediately. It's crucial to keep software and antivirus programs up to date to prevent malware attacks. Lastly, storing digital assets in a secure hardware wallet offline can provide an extra layer of protection.
- Dec 26, 2021 · 3 years agoAlright folks, here's the deal. After the CoinMarketCap hack, you gotta be proactive to protect your digital assets. Start by changing your passwords on all the exchanges you use. And don't forget to turn on that two-factor authentication thingy. Keep an eye on your accounts for any funny business and report it right away. Oh, and keep your software and antivirus stuff updated. And if you really want to be safe, get yourself a hardware wallet and keep your assets offline. Boom!
- Dec 26, 2021 · 3 years agoAs a leading digital asset exchange, BYDFi recommends investors to take the following steps after the CoinMarketCap hack: 1. Change your passwords immediately and use strong, unique passwords for each exchange. 2. Enable two-factor authentication (2FA) to add an extra layer of security. 3. Regularly review your account activity and report any suspicious transactions to the exchange. 4. Keep your software and antivirus programs up to date to protect against malware. 5. Consider using a hardware wallet to store your digital assets offline. Remember, protecting your assets is a top priority!
Related Tags
Hot Questions
- 99
How can I protect my digital assets from hackers?
- 95
What are the best practices for reporting cryptocurrency on my taxes?
- 77
How does cryptocurrency affect my tax return?
- 58
What are the tax implications of using cryptocurrency?
- 54
What are the advantages of using cryptocurrency for online transactions?
- 48
What is the future of blockchain technology?
- 29
What are the best digital currencies to invest in right now?
- 28
Are there any special tax rules for crypto investors?