Crypto Scams Surge, Experts Share Security Tips to Protect Assets

The crypto landscape is facing a surge in scams, prompting experts and victims alike to emphasize the need for vigilance and robust security measures. Business Insider reports that fraudsters are targeting individuals with increasingly sophisticated schemes, leading to significant financial losses. According to Joe Greenfield, a cryptocurrency security expert, all unsolicited crypto opportunities should be treated as potentially fraudulent until verified through thorough research. He recommends utilizing cold wallets, app-based authentication, and complex passwords as essential defense mechanisms.