Experienced Crypto Investor Loses $1.7M in Hot Wallet Hack, and Reveals How It Happened | CoinMarketCap

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Experienced Crypto Investor Loses $1.7M in Hot Wallet Hack, and Reveals How It Happened | CoinMarketCap
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This experienced crypto investor has lost $1.7 million in a hot wallet hack 💸 He's revealed how it happened — and fears anyone could fall victim to it 🚨

Arthur_0x said "I'm not sure how I can persuade most normal people to put a substantial part of their networth on-chain anymore" — and warns crypto users to stay vigilant.The founder of a DeFi venture fund has lost more than $1.7 million after his hot wallet was targeted in an audacious attack — and has warned that even sophisticated users are at risk of exploits.

"Was pretty careful and stuck with only using hardware wallet on PC until I started trading NFTs more regularly. Hot wallet on mobile phone is indeed not safe enough.""The only thing I can say to the hacker is: you mess with the wrong person."

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