8min chapter

The Bitcoin Layer cover image

DANGERS of SIM Swaps: How Hackers Steal Bitcoin From Exchange Accounts

The Bitcoin Layer

CHAPTER

Navigating Bitcoin Theft and Security

This chapter explores the threats posed by SIM swap attacks on Bitcoin holders and emphasizes the importance of secure storage solutions like cold wallets. The speaker shares personal experiences transitioning from skepticism to advocacy for Bitcoin while highlighting its advantages over traditional banking in international transactions.

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