As the adoption of cryptocurrency accelerates in the world, the same goes for the frequency and sophistication of online threats. Richard Teng, CEO of Binance, sounded a clear warning: the safety of digital assets depends not only on the safety of exchanges but also on the responsibility of individual users.
Despite Binance’s implementation, a complete suite of security protocols – ranging from the detection of threats led by AI to the surveillance of the accounts 24/7 – Teng stressed that these defenses can only do a lot. Speaking recently on social networks, the CEO called users to adopt proactive habits that complete the protections in terms of exchange.
“Exchanges can build walls, but if users leave the door open, attackers will enter,” said Teng in his declaration.
Essential habits for the safety of daily cryptography
Tender informed Users to strengthen their defenses by allowing two factors authentication, adding an additional safety layer when connecting or making transactions. He also stressed the importance of keeping personal devices up to date and to be secured, noting that obsolete systems are a frequent entry point for pirates.
Staying cautious when you receive emails, links or unsolicited messages is another critical measure, because phishing scams remain one of the most common methods to steal funds. In addition, Teng has urged users to fully use Binance’s integrated safety features – such as antiphling tools and withdrawal protections – to improve the overall security of the account.
The coming road: shared responsibility in a decentralized world
As the ecosystem of cryptography matures, the securing of digital wealth must become a joint effort. Exchanges can offer an infrastructure, but individuals must get involved with it significantly. Teng’s message emphasizes that security is not only a technical challenge – it is behavioral.
With phishing attacks and increasing social engineering tactics, the border between safety and vulnerability is often defined by user awareness. The property of cryptography brings freedom, but with it, a new level of personal responsibility.
Kosta has been working in cryptographic industry for over 4 years. It strives to present different perspectives on a given subject and enjoys the sector for its transparency and dynamism. In his work, he focuses on a balanced coverage of events and developments in cryptographic space, providing information to his readers from a neutral perspective.
