A broad perspective on Dark Web markets, and strategies to protect your digital assets

A broad perspective on Dark Web markets, and strategies to protect your digital assets

By Crypto4you23 | Cryptoanswers22 | 31 Aug 2022


 

Introduction:

 

With the cryptocurrency adoption(especially Bitcoin, Ethereum, and some stablecoins) we need to face some financial problems, examples:

 

  • Software wallets are being hacked by anonymous; 
  • Tokens with malicious contract addresses (also named: scams);
  • Rich mafia making blockchain transactions to avoid policies;
  • Etc.

Hydra operates with the blockchain platforms to buy, trade and/or sell drugs, illegal products, and things like that avoiding government control.

However is not that difficult to cybersecurity experts to discover where is this company/person, but at the same time is not impossible stay 100% anonymous.

In the security battle, the winner is the person who has more security knowledge, as some people said: ‘’Knowledge is power’’.

 

Additional note: Always do your own research before visiting dark websites, and try to read the national rules of your country to avoid illegal actions.

Remember to always read the research news available at Chainalysis.

 

Insecurity is a global problem!

 

Unfortunately gangster are in all the countries in the world, but we don’t have to give it up to put these bad people in jail as a judgement.

Blockchain experts can help you to recover your wallet funds a good example is: Reclaim Crypto where you can use a tracing service to get your money back.

Never share your 12 seed password to anyone online, people can try to steal your money but only with your consent.

 

How to avoid scam tokens

 

Always remember to follow the specific ideas mentioned above to avoid scams:

  • Copy/Paste the contract address of your token in websites like BSC Check, Token Sniffer, and other cryptocurrency websites like these ones;

 

  • Check if all the team are KYC verified with their profile photo, and social media pages links available on the official website;

 

  • Do spend all your money on only single coin/token to avoid bad surprises; 

 

  • As I mentioned before never share your 12 seed phrase to anyone;

 

  • Buy a hardware wallet to avoid hackers;

 

  • Always read the CoinMarketCap/CoinGecko comments about the specific coin/token;

 

  • Don’t invest too much money in memecoins with a low evaluation in Token Sniffer, because the owner can change the rules of how it operates; 

 

  • If something sounds too good to be true is probably because it’s fake and you don’t have to trust it; 

 

  • Always read the Pinksale token descriptions to avoid some surprises after investing some money in a coin; 

 

Conclusion

 

It’s always important to study, and practice all different strategies to protect your savings account in digital banks, digital assets, stocks, etc.

Unfortunately not everybody is good in this world and some people can try to steal you by sending fake promises on Twitter, examples: ‘’Invest $1000 and get $100.000 in a week’’ by day trading, even for a day trader this is very complicated, and hard too.




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