
Changpeng Zhao issues security advice amid hardware wallet thefts
- —Zhao advises verifying the recipient address on the wallet screen before every transfer
- —Seed phrases should not be photographed or stored in the cloud — only multiple copies in separate places
- —For large sums, use a dedicated computer or phone with no extra apps and keep keys offline
- —For exchanges: separate email, unique passwords, 2FA and a withdrawal address whitelist
Why it matters: The advice follows a wave of thefts from Ledger devices and a data leak at Tangem, adding pressure on trust in hardware wallets.
Source: Bits.media
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