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NFTs & Collectibles / Re: NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
« on: January 09, 2025, 10:35:47 PM »
It's scary how sophisticated these scams have become. That's why nft security needs to be at the top of every collector's and investor's mind.
A few practices have really helped me sleep better at night:
Cold Wallets for High-Value Assets: I use devices like Ledger Nano X or Trezor Model T are my go-to. They keep my private keys offline, making it almost impossible for hackers to access them remotely.
Multi-Factor Authentication (MFA): It’s a lifesaver! Even if someone gets hold of your password, the additional verification steps make unauthorized access far less likely.
Seed Phrase Protection: I learned the hard way how important this is. Writing it down and storing it in a safe location (or splitting it across trusted places) can prevent a total loss.
Another underrated tip is to be very selective about the marketplaces and platforms you use. Trustworthy ones like OpenSea or Rarible implement robust security protocols, which adds another layer of safety.
A few practices have really helped me sleep better at night:
Cold Wallets for High-Value Assets: I use devices like Ledger Nano X or Trezor Model T are my go-to. They keep my private keys offline, making it almost impossible for hackers to access them remotely.
Multi-Factor Authentication (MFA): It’s a lifesaver! Even if someone gets hold of your password, the additional verification steps make unauthorized access far less likely.
Seed Phrase Protection: I learned the hard way how important this is. Writing it down and storing it in a safe location (or splitting it across trusted places) can prevent a total loss.
Another underrated tip is to be very selective about the marketplaces and platforms you use. Trustworthy ones like OpenSea or Rarible implement robust security protocols, which adds another layer of safety.