SlowMist founder Yu Xian shared valuable insights on identifying wallet signature security and urged users to equip themselves with the knowledge and practical skills to navigate the complexities of securing their assets.
In response to calls for guidance on wallet signature security, Mr. Xian, known in social media circles as Mr. Koss, provided a number of resources and tools to assist users in their quest for safety.
From scrutinizing past posts on X that discussed signature security to deep reading of the “DarkHandBook” on GitHub, the SlowMist founders encouraged users to participate in a comprehensive study.
Browser wallet security extensions
However, recognizing the learning curve and practical limitations faced by many, Xian recommended leveraging browser wallet security extensions such as Scam Sniffer, Pocket Universe, and Wallet Guard.
When it comes to mobile users, security researchers also found favor with Rabby Wallet, praising its user-friendly interface and robust security features. In particular, the founder of SlowMist emphasized the effectiveness of installing the Rabby extension on your computer browser and emphasized the reliability of hardware wallets such as Keystone, OneKey, and imKey.
Mr. Xian emphasized the importance of combining complementary security measures and advocated firewalls to strengthen the integrity of users' wallets. He recommended combinations such as TokenPocket + KeyPal and his MetaMask + Keystone, with the overarching principle of increasing security through layers of defense remaining the same.
Despite the advanced security tools available, SlowMist's founder emphasized that self-development is paramount to mastering security technology.
According to him, visual analysis and continued education, which are considered more powerful than automated solutions, are invaluable in protecting against potential threats.
In a poignant warning, Xian cautioned against solely focusing on financial gain when dealing with cryptocurrencies, and advocated for prioritizing safety education instead.
80% of X comments are phishing scams
In late January, SlowMist raised the alarm about the prevalence of phishing scams on X after analyzing social platforms.
SlowMist’s analysis reveals a worrying trend, with its research revealing that over 80% of comments on posts from popular crypto projects are related to phishing scams.
According to the cybersecurity company, fraudsters are actively acquiring X accounts for fraudulent purposes.
The company says these accounts are often sold on platforms like Telegram, where there is a thriving market for such transactions.
