When even known influencers get hacked, you start worrying about your own safety.
Instead, you should use these events as learning opportunity.
5 mistakes that made @NFT_GOD lose his net worth and what you should learn from them:
What happened?
@NFT_GOD got hacked and loast a life changing amount of his net worth.
His Twitter, Substack, Gmail, Discord and all wallets were taken over by an attacker.
And all was caused by a few little mistakes that could have been avoided with simple security measures.
twitter.com/NFT_GOD/status/1614442000958324739
Mistake 1: Not using a hardware wallet correctly
If you type your Ledger seed phrase into a software wallet, you are effectively transforming your cold wallet into a hot wallet.
Never type in your Ledger seed phrase anywhere!
Connect your Ledger with the software wallet.
twitter.com/NFT_GOD/status/1614442058470637572
Mistake 2: Not treating assets security as priority
After typing Ledger seed phrase into a software wallet, there was no need to buy a new Ledger device:
1. Generate a new seed phrase on the same device.
2. Transfer all the funds into a new wallet.
3. Delete the hot wallet.
twitter.com/NFT_GOD/status/1614442060462915584
Mistake 3: Installing software on the same machine as crypto
The best security practice is to have a separate machine for crypto activities (can be a virtual machine).
All your other activities, that are risk vectors, should be conducted on another machine.
twitter.com/NFT_GOD/status/1614442017248903171
Mistake 4: Clicking on sponsored links
If you do want to install some software on the same machine as crypto, make sure it comes from a legit source.
Sponsored links are often targeted scams and should be avoided.
twitter.com/NFT_GOD/status/1614442010773004288
Mistake 5: Forgetting to be paranoic
If you've never been hacked, you either think highly about your security measures or don't think about them at all.
Survivorship bias is risky.
You should always stay paranoic and expect the worst.
This is how you survive in the wild west.
Are you paranoic enough?
Maybe your crypto security need an upgrade?
Follow these 10 security tips to stay safe:
twitter.com/korpi87/status/1593933832880680960
This thread is not intended to twist the knife in the NFT God's wound.
I'm sorry for him and wish him all the best.
It's for you to learn from mistakes others make.
Learning from your own mistakes is always more painful.