In 2023, investors lost an estimated $2 billion to scams, rug pulls, and hacks. Avoid Cloud Storage for Passwords and Seed Phrases– Store passwords and seed phrases offline to prevent hacking. DYOR – Do Your Own Research– Investigate projects before investing to avoid rug pulls. Verify Apps and Exchanges– Avoid searching for crypto apps directly from app stores. Smart Betting Guide emphasizes shared responsibility in fortifying the foundations of cryptocurrency against threats, ensuring a secure and trustworthy financial future.
