I share today an episode from @lunaticoin podcast. It is in Spanish but I consider it so important in my way as a beginner that I will make a summary in English.
Mary had her bitcoins ( speaks between 1 and 5 bitcoins) stolen in front of her. Noticed an email sent from exchange about a login she did not recognise , then she accessed the exchange and could see the transfer of her funds which she hadn’t authorised.
Contacted @lunaticoin for help and went through different possibilities.
  1. First of all told her to install Tor ( also mentions to use VPN) , then search for breaches of her password and email in apps and websites through https://haveibeenpwned.com/ where they found up to 12 breaches.
  2. Then checked whether her email had suffered any attacks and if they were successful. Realised that had 3 successful attacks. Also noticed she had not activated two steps verification
  3. From this point @lunaticoin starts offering solutions which included password manager, two steps verification and email masks.
  4. Finally the most important “not your keys , not your bitcoins” . Suggested to transfer her bitcoins to a cold wallet next time.
Lots of things to learn for all of us who start here. This time she could not recover her bitcoins but next time I hope she will not lose them.
Nothing new. A fool and her money were parted.
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I understand your point of view , though a few lessons to learn and not repeat
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I also got rugged by an exchange back in 2017, and had to take it on the chin, while I lost a lot of Bitcoin, which I can still be sour about today, it motivated me to get my act together and take self custody,
if I was going to be serious about this asset class, I shouldn't be skimping and relying on a password, custodian and maybe a 2FA, as the value of Bitcoin increases, the incentive to crack your account increases
Don't give them a sniff
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You’re right. That is what transpires at the end of the podcast . Even though you step up security measures, self custody is the way.
Llegando por aquí gracias al After Pod de @lunaticoin.
Gran resumen de ideas!
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Gracias! El crack es @lunaticoin. Sólo he sacado esas ideas por si fueran de ayuda.
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Thanks for your V4V in translating the key points!
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You’re welcome. This podcast made me change several things and I hope will help others.
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