Scammers steal $100,000+ of EOS. Here is how you can secure your EOS account!

Recently, scammers have been tricking users into signing transactions that are not what the user thinks it is. For example, having the user sign an “update auth” transaction which changes their keys when the user really thinks he is claiming some Telos tokens. I go into how to secure your EOS account to make sure you are safe from this happening to you, and how to have a backup system in place so that even if you do accidentally sign the wrong transaction, you can still recover your account.

Here are examples of thefts of EOS:

($127,000 in EOS stolen)
(37,000 EOS stolen) (1,234 EOS stolen)

Thank you to Kent from EOS San Diego for making these videos to raise awareness!

Offline EOSIO transaction generator:

(allows you to change your active key while signing the transaction on an offline computer)

Disclaimer: The views expressed in this video are strictly my own and are not to be construed as trading advice. Do not buy, sell or otherwise trade cryptocurrency based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

eos #security #cryptocurrency #tokens #coins #bitcoin #btc #blockchain

⚡Colin Talks Crypto⚡ addresses/wallets:

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💜 Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF

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