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Weak hands are not just referring to people who struggle to open their jam; it's also a name for traders who panic sell at the first sign of trouble. The crypto sun is shining, and it's time to protect your investments with Lockyourcrypto.com. Bitcoin (BTC) has seen its trading price surge to $24,671.20 over the past week, and Ethereum (ETH) jumped to $1,686.02 as crypto projects gave a sigh of relief.
With increased profits, you usually see hackers looming in the crypto shadows waiting to leap on any unsuspecting investor or organization. This article will cover how crypto lending platform Euler Finance (EUL) suffered a $197m hacking scandal. This article will also cover how you should keep your money safe from unnecessary transactions. Finally, this article will discuss the fortunes of Bitcoin and Ethereum and why it's more important than ever to lockyourcrypto.com!
On March 14th, blockchain monitoring firm PeckShield reported that Euler Finance transactions were hacked after a series of transactions on Ethereum resulted in a massive loss of $197 million. After the news of the hacking scandal hit the market, Euler's native token EUL tanked. According to news reports last year, hackers stole around $3.8 billion of cryptocurrency, making 2022 the worst year for investor security. How do you reduce issues in a high-risk industry yet safeguard profits? You should go to Lockyourcrypto.com.
One of the leading causes of investment downturns is caused by panic buying and unnecessary transactions on insecure platforms. Lockyourcrypto.com aims to help you resist those impulse moments by securing your tokens in an industry-standard security safe. Choose a time that suits you and when you think you'll be ready to move your tokens around.
This crypto-security vault ensures your coins are safe with enhanced encryption and safe storage practices. For many people, the whole functionality of the cryptocurrency landscape is confusing, so Lockyourcrypto.com have made a step-by-step how-to guide to understand their system and stay safe in the crazy world of crypto.
If you choose Lockyourcrypto.com, they will ensure that you can only access it after your chosen safe period in case of emergencies defined at the time of the transaction. Data protection is also paramount for your crypto safe; your data will be locked away as securely as your tokens.
Bitcoin and Ethereum are finally moving in the right direction after a volatile start to the new year. Multiple U.S. bank closures sent the cryptocurrency index to the moon! Regulatory bodies and governmental legislation have threatened the crypto markets in recent weeks; reports from the U.S. suggest crypto regulation is the least of their concerns.
When Bitcoin first emerged, it wasn't the most popular concept. However, once trading began, it changed how we view money. The idea of decentralized finance is intertwined with the history and progress of Bitcoin. The peer-to-peer (P2P) electronic cash system has rallied recently and is chasing that $25k trading price. When writing this article, BTC traded at $24,671.20, an increase of 10.78% over the last seven days. Market capitalization currently sits at $478.81B
Ethereum is the second largest cryptocurrency and is the comparison point for most aspiring network platforms. Its concept is aimed at those who wish to create secure digital technology. Its native token has recently seen a surge, rising to $1,690.99 when writing this article. The ETH price rose by 7.86%, over the last seven days and overall market capitalization sits at $206.68B.
There has always been a need for greater security; this world has no guarantees. We can choose the most secure path that seems right to us. Hackers are waiting, banks are closing, and regulators are hoping for the right moment; maybe you should sit back and relax with Lockyourcrypto.com: The future version of you might thank you.
Website: www.Lockyourcrypto.com
Twitter: https://twitter.com/_Lockyourcrypto
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
