The Cognixia Podcast explores how cryptocurrency theft occurs and offers tips for prevention. Despite blockchain’s touted security, vulnerabilities arise through exchange hacks, exit scams, phishing attacks, and device hacks. Exchange hacks exploit decentralized systems, while exit scams involve fraudulent ICOs or developers abandoning projects, like the Squid Game token. Phishing attacks often stem from suspicious emails containing malware, compromising credentials and wallets. Device hacking, such as SIM swaps, targets smaller investors. To stay safe, users should store assets in hardware wallets, enable multi-factor authentication, avoid suspicious links, and secure private keys. Vigilance and proactive security measures are crucial in mitigating risks.