Short YouTube clip (Ben Simpson + Speaker A) warning viewers about a widespread phishing scam possibly exploiting JavaScript vulnerabilities. The speakers emphasize that crypto on exchanges is not insured like a bank, recommend using hardware (cold) wallets (examples: Ledger, Trezor), strong passwords (mixed characters and numbers), password managers, and two-factor authentication to reduce risk.
Chapters
Here's a super quick tip so you don't lose all your crypto There is a massive phishing scam going around at the moment. JavaScript has potentially been hacked and that is going to affect so many different software services.
Whatever, across.
Digital hardware, everything. The number one thing you need to think about is if your crypto exchange gets hacked or you get hacked and you lose your crypto, it is not a bank, it's not going to be insured, you don't get your money back. Number one security level is a hardware wallet that is like a ledger or a trezor and number two is an exchange. If you want to keep your crypto on exchange you need to understand that it is not as secure as a hardware wallet because it's digital. And also the most vulnerable person to be hacked is actually you. That is why you need a good.
Password to hold it on like a password manager, have multiple characters, multiple numbers and also have two factor authentication.
If you don't have two.
Fa, you are the most vulnerable to lose your crypto. And that is how so many people get hacked. Scammed by clicking on a link, getting phished, whatever. Make sure if you are going to change have a good password, otherwise move.
