What is angler phishing and how does it affect the cryptocurrency industry?

1 answers

• Ambati TejaJul 29, 2025 · 2 months ago
  Angler phishing is a serious threat to the cryptocurrency industry. It involves cybercriminals impersonating legitimate entities to deceive users and steal their digital assets. As a leading cryptocurrency exchange, BYDFi takes angler phishing very seriously. We have implemented robust security measures to protect our users from such attacks. Our team regularly monitors for phishing attempts and educates our users on how to identify and avoid them. Additionally, we strongly recommend our users to enable two-factor authentication and use hardware wallets for enhanced security. By staying vigilant and following best practices, we can collectively combat angler phishing and ensure the safety of our digital assets.
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