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What are NFTs and How to Best Protect Them
There has been a massive flare-up in the currency of NFTs (Non-Fungible Tokens) in the third quarter of 2021, reaching over $11 billion in just a year. Investors are now well out with the non-stop increase on NFTs network. However, this has also attracted fraudulent phishers targeting NFTs, resulting in various security concerns for users with weak NFT authentication measures.
If you’re thinking of venturing NFTs, you must know the perks and the risks associated with it. But, don’t worry; these risks are manageable with the proper knowledge and the best authentication measures. Your tokens are no different from other cryptocurrencies; they are all prone to hackers; thus, it takes more than a strong password to ensure your digital wallet is wholly protected.
What are NFTs and How to Best Protect Them
There has been a massive flare-up in the currency of NFTs (Non-Fungible Tokens) in the third quarter of 2021, reaching over $11 billion in just a year. Investors are now well out with the non-stop increase on NFTs network. However, this has also attracted fraudulent phishers targeting NFTs, resulting in various security concerns for users with weak NFT authentication measures.
If you’re thinking of venturing NFTs, you must know the perks and the risks associated with it. But, don’t worry; these risks are manageable with the proper knowledge and the best authentication measures. Your tokens are no different from other cryptocurrencies; they are all prone to hackers; thus, it takes more than a strong password to ensure your digital wallet is wholly protected.