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Here’s how to keep your crypto safe By Cointelegraph



Here’s how to keep your crypto safe

When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or . I did not hesitate before choosing the latter. Had I picked the first option, the criminals would have held me in a dark, damp cell for days in the Pacific Islands until the funds went through KYC, identity check, or, God forbid, the bank placed a hold on the funds. But after I paid, I was let go instantly. Who knew the network’s 10-minute transaction time and cross-border anonymity could be such a lifesaver?

Dr. Anon

Dr. Anon goes by many names.

Dont post online about your success in crypto

How to protect yourself from a $5 wrench attack

Cyber security is no match for a $5 wrench and someone determined to make you give up your passcode.
Be on the lookout for signs of a rug pull.

Pulling the rug from under you

How to spot a potential DeFi rug pull

Common traits of exchange hacks and protocol security breaches

Hank Schless.

The No. 1 thing to keep your crypto safe

Keep your funds in cold storage but even that is not completely secure

Social engineering and time pressures are ways to exploit the desire to get rich

Nobody likes tax time.

A word on tax

Is there any way to legally avoid the tax bill?

Andrew Henderson

Affluent investors can move to low-tax countries. Is there a trade-off?

The consequences of evading crypto taxes

To sum up: Small tricks can have a big payoff

Continue Reading on Coin Telegraph

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