Here’s how to keep your crypto safe

Cointelegraph

Published Jan 25, 2022 10:37AM ET

Updated Jan 25, 2022 11:00AM ET

When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or Bitcoin. I did not hesitate before choosing the latter. Had I picked the first option, the criminals would have held me in a dark, damp cell for days in the Pacific Islands until the funds went through KYC, identity check, or, God forbid, the bank placed a hold on the funds. But after I paid, I was let go instantly. Who knew the network’s 10-minute transaction time and cross-border anonymity could be such a lifesaver?

Dr. Anon

Dr. Anon goes by many names.
h4 /h4 h4 Dont post online about your success in crypto/h4 h4 How to protect yourself from a $5 wrench attack/h4
Cyber security is no match for a $5 wrench and someone determined to make you give up your passcode.
Be on the lookout for signs of a rug pull.
h4 Pulling the rug from under you
/h4 h4 How to spot a potential DeFi rug pull/h4 h4 Common traits of exchange hacks and protocol security breaches/h4
Hank Schless.
h4 The No. 1 thing to keep your crypto safe/h4 h4 Keep your funds in cold storage but even that is not completely secure/h4 h4 Social engineering and time pressures are ways to exploit the desire to get rich/h4
Nobody likes tax time.
h4 /h4 h4 A word on tax/h4 h4 Is there any way to legally avoid the tax bill?/h4
Andrew Henderson
h4 Affluent investors can move to low-tax countries. Is there a trade-off?/h4 h4 /h4 h4 The consequences of evading crypto taxes/h4 h4 To sum up: Small tricks can have a big payoff/h4
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