Staying Up-to-Date on Cryptocurrency: How to Protect Yourself from Scams and Fraud

Cryptocurrency is a form of digital asset used for exchanging money, which uses encryption and other means of security to secure its transactions, create new units, and confirm asset transfers. Cryptocurrency is a digital form of currency that is defined by the way it is secured by cryptography, making it incredibly difficult to counterfeit or manipulate.

Recently, cryptocurrency companies have been targeted with a malware called Parallax RAT.^[0] This malware enables attackers to gain remote access to victim machines and collect system metadata, access data stored in the clipboard, and even remotely reboot or shut down the compromised machine.

Cryptocurrency is created through a process called mining.^[1] Computers located around the world solve complex math equations that unlock small amounts of new currency.^[1] These computers require massive amounts of electricity to stay running and cool.^[1]

In order to keep up with the latest news and updates on cryptocurrency, it’s important to follow the right channels. For example, following cryptocurrency companies on Twitter, subscribing to email newsletters, and following Facebook posts can all help to stay up to date. Additionally, it’s important to be aware of the risks associated with cryptocurrency investment and to ensure that taxes related to cryptocurrency are paid properly.

Cryptocurrency has become extremely popular in the past few years, and is used as a form of digital payment. It’s important to stay informed and aware of the risks associated with cryptocurrency investment. By following the right channels and staying up to date with the latest news and updates, you can help protect yourself from potential scams and fraud.

0. “Parallax RAT Targeting Cryptocurrency Firms with Sophisticated …” thehackernews.com, 10 Mar. 2023, https://thehackernews.com/2023/03/parallax-rat-targeting-cryptocurrency.html

1. “Can cryptocurrency become more environmentally friendly? | Fierce …” www.fierceelectronics.com, 10 Mar. 2023, https://www.fierceelectronics.com/electronics/can-cryptocurrency-become-more-environmentally-friendly