Safeguarding Your Crypto: A Practical Guide to Avoiding Loss

Cryptocurrencies have exploded in popularity for both individuals and organizations. With billions of dollars at stake, ensuring that cryptocurrencies aren't stolen, that fraud is reduced, that hacking doesn't become a persistent threat, and that a host of other security challenges are addressed has become vitally important. This short, introductory course explores some of the basic security requirements for cryptocurrencies and provides guidance on how to lower security risks. Upon completing this course, you'll have a deeper understanding of cryptocurrency security, as well as some tools to reduce your own exposure to risk.

Learning objectives

• Explain the origin and purpose of Bitcoin and its impact on the global financial system.
• Analyze the concepts and technologies that enable cryptocurrencies to function, including blockchain and proof of work.
• Identify the role of cryptography in securing cryptocurrencies and preventing double-spend problems.
• Describe the use and significance of public and private keys in cryptocurrency transactions.
• Compare different crypto wallet options and evaluate their security and convenience.
• Assess the various security risks associated with the cryptocurrency ecosystem and exchanges.
• Evaluate the impact of significant cryptocurrency hacks and the vulnerabilities they exploited.
• Outline common cryptocurrency scams and methods to protect against them.
• Analyze the regulatory landscape and challenges facing cryptocurrencies globally.
• Predict potential future developments in the cryptocurrency sector and their implications.