In this episode, hosts Tracey, Craig and Blake discuss scams, hacks and other security issues facing the crypto industry. These days, most crypto companies like Bamboo use institutional-grade custody providers like Fireblocks. Custody providers hold a large amount of cryptocurrency in safe storage so that, in the event of a theft, crypto companies can reimburse their customers.

We finish off by discussing other important security measures that all crypto users should practice. These include: using a safe password storage app like LastPass, ensuring you always have 2-Factor Authentication (2FA) enabled, and checking the URL of crypto websites to avoid getting caught out by spoofs.

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Follow Crypto Curious on Instagram, or send the team an email with all of your thoughts here. 

Want to start your investing journey? Download the Bamboo app and use code 'CURIOUS' for $10 in Ethereum when you sign up. 

For more content around crypto and what's going on head to: www.getbamboo.io/blog. 

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In the spirit of reconciliation, Equity Mates Media and the hosts of Crypto Curious acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. 

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Crypto Curious is a product of Equity Mates Media. 

All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial service professionals. It is not intended as a substitute for professional finance, legal or tax advice. 

The hosts of Crypto Curious are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.

Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. 

Do not take financial advice from a podcast.  

For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you. 

In the spirit of reconciliation, Equity Mates Media and the hosts of Crypto Curious acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. 

Crypto Curious is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.