By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Blockchain Security: How To Keep Yourself Safe
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Bitcoin > Blockchain Security: How To Keep Yourself Safe
Bitcoin

Blockchain Security: How To Keep Yourself Safe

Avery Smith
Last updated: June 7, 2022 12:18 am
Avery Smith
Share
4 Min Read
SHARE

#Crypto #Cryptocurrency #Blockchain #Safety #Security #Rapid #Innovation

When your blockchain would become your next target by the criminals, Even during crypto crashes. Rapid Innovation will share some tips to protect yourself from getting hack through blockchain, your crypto-wallet and preserves your personal data.

Jesse Anglen, CEO of Rapid Innovation reveals tips for securing your data

With the recent news of the Luna crash, and another celebrity getting hacked, there are some wondering how safe the industry is for both investors and companies.

“The cryptocurrency and blockchain industry is the fastest-growing sector in the world right now. Every day it is attracting more and more talent to work in the space. So this is here to stay. But you must do your homework and determine ways to protect yourself in any project you get involved in. For an individual investor that means doing your research, holding your own private keys offline, and avoiding phishing attacks,” says Jesse Anglen, CEO of Rapid Innovation.

One way that attackers carry out phishing attacks is by creating fake websites that look identical to legitimate ones. They then use these websites to lure users into providing personal information or sending cryptocurrency to a phony account.

Another common tactic is to send spoofed emails that appear to come from a trusted source. These emails often contain links or attachments that, if clicked, will install malware on the victim’s computer.

Use hardware wallets, meaning offline devices that store your private keys. Even if your computer is hacked, the thief would still need physical access to the hardware wallet to steal your coins.

“For businesses to protect themselves in this space, that could mean building a private blockchain to meet the specific needs of an organization. Most companies don’t want to store their private data on a fully decentralized blockchain. Does that mean they shouldn’t be allowed to use the technology? Of course not. Thankfully, there are other options,” said Jesse Anglen.

A private blockchain is a permissioned network where only selected participants are allowed to access the data and take part in the consensus process. This type of network is often used by organizations that need to share sensitive data with a limited number of users.

“They can be customized to meet the specific needs of an organization. For example, a company might use a private platform to keep track of its supply chain or reduce the risk of fraud. Or a game developer will use a private blockchain to be able to reward participants with native tokens or access to ownership of the game itself! This technology has utility in practically every industry you can think of.”

It is essential that every business educate themselves on this transformative technology and choose a reputable blockchain platform to help them safely utilize it in their industry.

SOURCE Rapid Innovation

You Might Also Like

US Bombs Iran: Escalation and Implications

Bitcoin Dip Is Your Opportunity

Bitcoin’s Rise and the Future of Global Digital Markets

Bitcoin is the Answer to the Industrial-Military Complex

Tokenization of the Entire Financial Sector Is Inevitable

TAGGED:blockchaincryptocryptocurrencyinnovationRapidsafetysecurity

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article IMTE ANNOUNCES AGREEMENT TO CREATE DIGITAL ASSETS FOR NFT
Next Article NEOPETS Transform Into The World of Metaverse


Latest News

De-Dollarization Is Inevitable
America Gold Headline News Most Popular Must Read Opinion Politics Shayne Heffernan USD June 21, 2025
USA Bombs Iran
America Gold Headline News Middle East Opinion Politics Shayne Heffernan Shayne Heffernan June 21, 2025
Eight Killed in Brazil Hot Air Balloon Crash
Headline News Travel June 21, 2025
Iran Rocked by 5.1-Magnitude Earthquake
Headline News June 20, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?