 | If you visited the CryptoCurrency sub while on a PC, you may have noticed that there is now a QR code on the top from Elite DarkWeb Hacker Group "1inch". Immediately after hacking our sub, 1inch used their Twitter account to announce the hack to their over 1.3 million followers and announced their next target, our precious Moons. Crypto Twitter was obviously thrilled about the new existential threat facing Moons, but Redditors were on their game and quickly respond, so their Moons weren't stolen. ...unfortunately... they made a huge mistake. Don't be like Maxx3141, Odlavso or DeathbyFish13 and burn your moons by losing access to your Reddit vault and not having a backup. ------------ Your Reddit vault is just an Ethereum hot wallet on Reddit with limited functionality. The best thing to do is have a physical backup of your recovery phrase (seed) - so if you ever lose your primary device, you can import that wallet onto any other device anywhere in the world. In addition to that, you can also backup your wallet on a Defi non-custodial hot wallet like MetaMask, Exodus and 1inch. 1inch provides support for Arbitrum, but does not provide support for Arbitrum Nova, this mean you can't access your Moons from their platform. You could however still use 1inch as a backup to store/locate your recovery phrase on a secondary device. That way if you lose access to your Reddit vault on your primary device, you don't lose access to your moons. ------------ A Special Thanks to 1inch from the CryptoCurrency Community for becoming the first ever entity to advertise using the CryptoCurrency Banner and in the process burning 27,000 moons (currently worth about $3,350). [link] [comments] |
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