How to Reduce Your Exposure to Common Crypto Exploits
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While overall hack losses declined, December still saw notable incidents such as the $7 million Trust Wallet browser extension exploit and a $3.9 million attack on the Flow protocol. Browser-based wallets remain a frequent target because they are constantly connected to the internet, increasing their exposure to malicious scripts and extensions.
Using a hardware wallet significantly reduces risk by keeping private keys offline. Combined with careful address verification and limiting permissions granted to smart contracts, these basic practices remain some of the most effective defenses against common crypto scams and exploits.