Your $USDT can get frozen even if you did nothing wrong
You sell crypto to a stranger or get paid in USDT, send it to an exchange - and your account is frozen. Sometimes for weeks, even months.
Why: exchanges check where every deposit came from. If those USDT passed through scam wallets before, the questions go to you.
How to protect yourself:
Don't take USDT "below market price" or from people you don't know
Save the chat, transaction hash and sender details for every big transfer
Before sending to an exchange, know where the money came from - you'll be asked
In Gem Wallet, your USDT stay with you, not in an exchange account that can be frozen during a review. And before every transfer, the wallet checks the address and token against HashDit and GoPlus databases - it stops fake USDT and scam addresses.
What happened to Across and what to do
Last night, attackers tricked the domain registrar into handing over the Across domain and put a phishing copy on the site.
The bridge itself wasn't hacked. Only people who opened the Across website after 18:45 UTC on Nov 10 and signed a token approval were at risk.
If that's you: revoke unneeded token approvals with a tool like Revoke and DM the Across team. All affected users will be made whole.
Across says integrations weren't affected. That's exactly how Across works in Gem Wallet - cross-chain transfers right in the app, no website.
A habit that always pays off: before you sign, check what exactly you're approving. And thanks to the @AcrossProtocol team for the fast response ๐ค
@WatcherGuru To be fair, it's more about people than devices: fake sites, blind signatures, a secret phrase in the cloud. The good news: habits protect you from that, and they're free.
@dom_kwok honestly, it's usually not the wallet that gets hacked, it's the habits: a signature on a fake site, a secret phrase in Notes, an app from outside the store.
@Cointelegraph He said himself this summer that he sold 40,000 ETH at around $1. Today that would be about $84M. Honestly, we wouldn't sleep well with that kind of risk either ๐
@Cointelegraph At the 2014 ICO, ETH was around $0.31, so 1,400 ETH cost about $430. Today that's almost $3M. Who hasn't thought "if only I could go back to 2014" ๐