Security· ★★★· neutral·

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