The Coincheck wallets hack is again, an eyeopener for the crypto spheres. The MUXE team wants to let everyone know we are aware of hacking wallets that have taken place and the security risks this represents. We want everyone to know that we take events like this very seriously. Some tips on how to protect yourselves and your investments during this time:
1. If there is a concern of hacking move your crypto to Cold storage wallets they have less security risks. Hot wallets are on exchanges and connected to the internet. Always back up your cold storage wallets.
2. Be aware of extreme FUD that will likely occur tomorrow. The prices will likely fall but Crypto has been through tough times before.
3. If we hit new lows tomorrow in the crypto market there is a high probability that we will see a good rebound.
4. Be aware of potential personal cyber attacks. A very common one being phishing.
If anyone has any questions at all, please reach out to us on Telegram.
MUXE Telegram channel
– MUXE Team