Blockchain scam
Most Common Web3 Scams and How to Avoid Them

Guard against web3 scams! Learn to spot and avoid fake airdrops, rug pulls, NFT fraud, spoofing, and phishing attacks. Safeguard your digital assets in the unregulated web3 space. Stay informed and secure in the web3 revolution.

Blockchain scam
Trend Micro’s latest WEB3 anti-fraud tool TM ChainSafer launched!Check while trading with MetaMask

Trend Micro’s latest anti-fraud tool, Trend Micro ChainSafer, has officially launched! This time, not only are the URLs checked, even the Web3 transaction URL and contents of the contract can be checked at once. Even better, you can download and use it now free of charge once you have the MetaMask Fox Wallet, and never have to worry again when trading on blockchains.

Blockchain scam
SecuX W20 X Trend Micro: The Ultimate Scam-Proof Hardware Wallet for Crypto and NFTs

Security is the topmost feature anyone looks for in a crypto wallet. Step into the future of digital asset security with the latest innovation in cryptocurrency protection – the SecuX W20 X Trend Micro hardware wallet. It’s not just a wallet, it’s a state-of-the-art fortress for your digital assets.

Designed for those who seek safety and efficiency in one package, the SecuX W20 X Trend Micro is a pioneer in digital wallet security as it sets a new benchmark for cryptocurrency wallets.

Investment Scam
How to Protect Your Cryptocurrency with a Cold Wallet

The cold wallet is an offline or hard wallet that is commonly used as a cryptocurrency wallet. This type of wallet is not connected to the internet and is used to store and secure digital assets like Bitcoin, Ethereum, and other cryptocurrencies. Using this wallet reduces the risks of hacking and unauthorized access to digital assets.

There are two types of cold wallets:

  1. Hard Wallets: Most hard wallets are USB sticks or small electronic devices that are designed to store cryptocurrency private keys securely. It comes with built-in encryption and needs to be connected to a computer or mobile device when carrying out a transaction.
  2. Paper Wallets: A physical copy or printout of public or private keys associated with the cryptocurrency address.

Why Do You Need a Cold Wallet to Protect Your Cryptocurrency?

Cold wallets are safer than hot, or online, wallets. First, since it is offline, cold wallets are not vulnerable to cyberattacks and eliminate the risk of malware compromising private keys. It is also immune to phishing attacks that target online wallets. Cold wallets also have a backup mechanism that allows you to recover your funds in case of loss or damage. Storing your cryptocurrency in Cold Wallets will give you peace of mind knowing your funds are stored offline and will not be exposed to online threats.

How to Set up Cold Wallets?

  1. Generate a cold wallet: create a paper wallet or set up a hard wallet.
  2. Transfer funds to a cold wallet: send the cryptocurrency from another wallet to a public cold wallet address.
  3. Store the cold wallet securely.
  4. Use the hard wallet when making transactions, sign the transaction with the private key, and disconnect it from the internet.

Example cryptocurrencies stored in hard and paper wallets:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)

Common Risks with Hard Wallets and Paper Wallets

Hard wallets and paper wallets are relatively secure compared to hot wallets but still have their own risks. Here are some known risks associated with using cold wallets:

  • Physical damage or loss is a common issue. To protect your account, it’s essential to have a backup for the recovery seed and store multiple copies in secure locations.
  • Seed phrase backup risks are also present, as they use private keys to back up the wallet. Sharing the seed phrase with others is not recommended.
  • A secure initial setup is crucial, ensuring the device is not compromised with malware or keyloggers.
  • Transactions and verifications should be double-checked before approval.
  • Forgetting a PIN or password can be a risk, but some hardware wallets have built-in security features to protect against brute-force attacks.
  • Human errors, such as mistakes in generating, printing, and setting up cold wallets, can also pose risks.

How Can Trend Micro Help You Protect Your Cryptocurrency?

Trend Micro has developed a new security solution to help users of cryptocurrencies and NFTs secure their wallets. Trend Micro ChainSafer offers enhanced blockchain security with AI-powered algorithms that detect and alert you to suspicious activity.

The integration of our ChainSafer solution into the SecuX W20 Cold Wallet ensures the security of your assets, even while connected to the internet. By leveraging Trend Micro’s advanced cybersecurity technology, this new tool will thwart typical cryptocurrency and NFT scams, detect phishing websites, and provide robust protection against malicious hacker attacks. As a result, you will conduct transactions with enhanced confidence as you enjoy the very highest level of security.