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the war that tanked the market

by SB Crypto Guru News
June 6, 2025
in Crypto Updates
Reading Time: 3 mins read
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People in crypto are always like, “Yo, be careful,” but most of the time that just means:

  • Don’t post your private keys (preferably);

  • Don’t click on any random link;

  • Don’t tell your taxi driver about your crypto wins.

But Kraken’s security chief, Nick Percoco, pointed out something we often forget:

You need to be careful even when you’re surrounded by crypto people.

Crypto conferences are getting bigger, more crowded, and way more global – and while that’s cool, it also means more chances for scammers to blend in unnoticed.

Sneaky Tom entering the room

So, let’s break down what the Kraken security team spotted at recent events:

1/ People leave laptops and phones lying around.

Unlocked. In work mode. In public.

Reminder: your device is your wallet. Lock it, or, even better – take it with you.

2/ Stop talking about big trades in public.

Kraken’s team overheard some guys talking about their trades – while wearing conference badges with their names and companies on them.

You never know who’s listening. Be lowkey.

Be quiet

3/ Don’t trust public Wi-Fi.

It’s not safe. Especially at events full of hackers.

Don’t do it – use a VPN or stick to your mobile hotspot.

4/ Be careful with QR codes.

They’re on every wall and booth – but one swapped sticker is all it takes for a scammer to drain your wallet.

5/ Not everyone is who they say they are.

Even if they wear a branded shirt or say they work at a crypto company – verify them and don’t overshare.

Scared Squidward

The main point:

Crypto’s going mainstream, which means the scammers are, too.

So don’t get lazy just because you’re surrounded by “crypto bros.” Lock your stuff, keep quiet about your trades, and don’t trust every dude in a hoodie with a Bored Ape on it.

Just remember: you’re not being paranoid – you’re being smart.

Now you’re in the know. But think about your friends – they probably have no idea. I wonder who could fix that… 😃🫵

Spread the word and be the hero you know you are!



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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesLatest News on CryptoMarketSB Crypto Guru NewsTankedWar
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