What is crypto security?

Crypto security 101

Protecting your crypto assets is essential. Most hacks and losses happen not because blockchains are broken, but because of weak security practices. Here are the key risks every Wraith Wallet user should understand:

Phishing attacks - Fake websites, emails, or messages tricking you into giving away your recovery phrase or private keys. Example: phishing sites imitating exchanges or wallets.

Smart contract exploits - Bugs in dApps or DeFi contracts that attackers use to drain funds, such as the DAO hack on Ethereum in 2016.

Malware and keyloggers - Malicious software on your device that can capture keystrokes, steal files, or record your recovery phrase.

Social engineering - Attackers impersonating support staff or community members to pressure you into revealing sensitive information.

Be your own bank with Wraith Wallet

Wraith Wallet is designed as a self-custody wallet, meaning you always control your funds. This gives you freedom but also responsibility - there’s no bank or central authority to recover funds if you lose access.

Key security features include:

Self-custody - Only you hold your recovery phrase and private keys.

Device encryption - Sensitive data is encrypted and stored locally on your device.

Security audits - Regular reviews ensure vulnerabilities are patched quickly.

Open source - The code is public, allowing the community to review and contribute to security improvements.

✅ With Wraith Wallet, you have the tools to manage your crypto safely - but it’s up to you to follow best practices.

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