New crypto users shouldn’t ‘rush into DeFi’ — Security firms
Hacken’s Luciano Ciattaglia said that new crypto users should not jump into decentralized finance or decentralized exchanges right away.
While the prevalence of hacks within the crypto space might deter new users from jumping in, crypto security professionals say that there are ways for them to avoid the riskier parts of crypto.
On Jan. 22, a market sizing report from Crypto.com showed that the crypto space reached about 580 million users in December 2023. Compared to January 2023, the data showed a 34% increase in the crypto market user base.
With crypto onboarding more new users, Cointelegraph spoke with security professionals to get insights on what those new to crypto should do to keep their funds safe in the digital asset space.
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Author: Ezra Reguerra
