Jun 28, 2024
The market has been relatively flat this week with all eyes on the Presidential Debate that aired last night. Small gains on DOGE & MTL with the rest of the market we track remaining flat or experiencing minor dips on the weekly. Looking at the Bitcoin ETF Flow chart we can see three consecutive days of inflows which may translate to a stronger market next week as we head into a new month.
In other news, the MTL v2 token snapshot and airdrop were completed this week on 24 and 26 June at 20:00 PST respectively. Major exchanges including Metal Pay should have withdrawals and deposits available again next week. Learn more about the migration event here and if you have any questions please contact support.
We would like to use this opportunity to remind users of some safety tips for engaging with cryptocurrency.
Use Secure Wallets and Strong Passwords - Make sure that your crypto is stored in a secure wallet. Some recommendations include Metal Pay, WebAuth Wallet and MetaMask. Always make sure you use a strong password.
Be careful of Phishing and Scams - Phishing attacks are common in the crypto world. Always verify the authenticity of websites and emails before entering sensitive information. Double check URLs to make sure they are correct and be cautious of unsolicited messages asking for personal details. NEVER share your private keys or seed phrases with anyone.
Enable Multi-Factor Authentication (MFA or 2FA) - Multi-factor authentication adds an extra layer of security by requiring multiple forms of verification before granting access to your accounts. You can generally use a phone number, google authenticator or biometrics like FaceID/TouchID.
By following these tips you can enhance the security of your cryptocurrency investments and protect yourself from common threats in the digital asset space.