Richard Teng, the Binance chief executive officer, has taken to his official account on the X social media platform to share with the BNB community an important warning regarding the security of their Web3 wallets.
He also shared a link to the recently published Binance article about blockchain rectification scams, highlighting the vital importance of this issue for the crypto community in general and not only for BNB holders.
“Best defense from scammers” per Binance boss
Richard Teng stated that when it comes to keeping one’s crypto wallets secure, “vigilance is crucial.” Therefore, he believes it is important to never import a seed phrase someone gives to a user and not to “ruch into “urgent” fixes.”
He stressed that cryptocurrency scammers always play on urgency, hence one’s best defence against them is “knowledge and…
