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Legacy Suite Recommends Wallet Protection Against ‘Address Poisoning’ Hack

Legacy Suite Recommends Wallet Protection Against ‘Address Poisoning’ HackDeveloper of password manager and crypto wallet solutions offers tips on how to keep wallets protected from new cyberattack.

Legacy Suite, developer of digital asset management solutions, warns crypto and Ledger users against “Address Poisoning” attacks that can steal their funds.

Scammers are striking crypto users, including Ledger users, by “poisoning” their account via sending a small amount of crypto, usually USDT, MATIC, TRX, or even NFT, often imitating a transaction recorded in the user’s transaction history. It looks very similar to the user’s own address, with the goal to grab the scammer’s address and send funds to their account by mistake.

Check Every Single Character in a Wallet Address

Address poisoning is a type of cyber-attack in which an attacker attempts to steal funds from a cryptocurrency wallet by modifying the wallet’s address,” said Azaz Ahmed, chief technology officer of Legacy Suite. “In this attack, the attacker replaces the legitimate address of the wallet with their own address, which allows them to redirect any funds sent to the wallet to their own account.”

The scammer makes a custom address with specific characters that are nearly identical to the owner’s address. It often includes the same first and last characters. It is important to check every single character in one’s wallet address before sending any transaction.

The scammer then sends a very small amount of currency, even $0, via the almost matching dummy wallet, which poisons one’s transaction history.

How to Protect Yourself

Legacy Suite offers the following suggestions for safeguarding against address poisoning:

·         Stop copying and pasting your wallet address from your transaction history

·         Manually check your address so it is an exact match before sending any funds

·         Use your wallet’s contact book to manage addresses used often

·         Be aware of anyone sending tiny amounts of cryptocurrency

·         Double-check your transaction details on your Ledger

Legacy Suite has a wallet monitoring service designed to keep crypto assets secure 24/7 so that one can quickly take action to prevent any potential losses. “Legacy Suite’s wallet protection services, such as wallet monitoring and emergency backup wallet, help to protect against critical threats by providing additional layers of security to your cryptocurrency wallets,” Ahmed said.

Wallet monitoring constantly monitors activities associated with one’s wallet in case any unauthorized changes occur in real time. The owner is immediately notified if any unusual activity is detected like the addition or modification of a new or existing address allowing for prompt action and the prevention of any unauthorized access to one’s funds.

“Legacy Suite’s Lifeline, emergency backup wallet, is a service that provides you with a secure backup of your cryptocurrency wallet,” Ahmed said. “In the event that your wallet is compromised, you can quickly transfer your funds to another wallet. This protects your funds from being lost or stolen in the event of an attack.”

The wallet protection services are an additional layer of security to cryptocurrency wallets and protect them from fraud and other types of cyber-attacks.

To learn more about Legacy Suite, please visit https://www.legacysuite.com.

About Legacy Suite

Legacy Suite is a complete end-to-end solution providing first-class digital estate planning support, including wallet monitoring and crypto wallet. Legacy Suite is a secure solution for crypto self-custody and password management, which allows you to hold your own keys, set up directives, assign executors, and have peace of mind knowing that your digital assets will safely transfer to your next of kin.

Contact Information:

Madeleine Moench

[email protected]

Original Source:

Legacy Suite Recommends Wallet Protection Against ‘Address Poisoning’ Hack

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Lifestyle

Carbonmark Launches the Universal Carbon Marketplace With Zero-Commission Trading to Scale the Digital Carbon Market

Carbonmark Launches the Universal Carbon Marketplace With Zero-Commission Trading to Scale the Digital Carbon MarketCarbonmark offers instant access to tens of millions of carbon credits, prioritizes user experience, and empowers institutional access to KlimaDAO’s digital carbon infrastructure without additional fees.

Carbonmark Launches the Universal Carbon Marketplace With Zero-Commission Trading to Scale the Digital Carbon Market
Carbonmark

Carbonmark logo

Carbonmark launches as the go-to platform for acquiring, trading, and retiring digital carbon. It will serve as the gateway for users to access to the Digital Carbon Market (DCM) – the segment of the Voluntary Carbon Market which leverages the benefits of public blockchain technologies – giving access to tens of millions of carbon credits from hundreds of projects instantly. 

Carbonmark prioritizes user experience with a seamless marketplace interface – it does not charge any platform fees for buyers or sellers and lists more carbon projects than any other carbon credit storefront thanks to the interoperable standards that KlimaDAO has helped to establish. 

As a frictionless access point to the DCM on top of the Polygon blockchain, users can now source carbon credits with unprecedented transparency and speed. The platform does not require any authorization to access – as such, all carbon market stakeholders can plug into the marketplace. 

With transparent pricing, and the ability to execute transactions using smart contract technologies, the marketplace stands to reduce transaction costs within the market and reduce lead times across the carbon market’s entire value chain.

Speaking of the launch, Gabriel Kent, Head of Product at Carbonmark, said: 

“The development of open, public, and neutral infrastructure that will unlock transparency and trust within the Voluntary Carbon Markets is of utmost importance if the market is to scale and fulfill its role in the fight against climate change. 

Carbonmark is an essential infrastructure for sellers to create a carbon storefront and for buyers to search, purchase, or retire carbon credits instantly. We’re excited to launch with the world’s largest selection of digital carbon and with zero-commission trading. Carbonmark will revolutionize access to the Voluntary Carbon Market.”

About Carbonmark 

Carbonmark.com is the universal carbon marketplace, with the largest selection of digital carbon credits worldwide. Buy, sell, and retire digital carbon from any project instantly with zero-commission trading. Contact us. 

Join On Set #3 to learn more about Carbonmark. 

Contact Information:

Alex Taylor

Press

[email protected]

Original Source:

Carbonmark Launches the Universal Carbon Marketplace With Zero-Commission Trading to Scale the Digital Carbon Market

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Lifestyle

Paul Peeler, Founder of the Preparedness Project, Named Integrated Financial Group’s 2023 Stewardship Award Winner

Paul Peeler, Founder of the Preparedness Project, Named Integrated Financial Group’s 2023 Stewardship Award WinnerThe Preparedness Project is poised to continue providing sound financial counsel to families affected by serious mental illness

Paul Peeler, Founder of the Preparedness Project, Named Integrated Financial Group’s 2023 Stewardship Award Winner
Paul Peeler, Founder of The Preparedness Project, Named IFG’s 2023 Stewardship Award Winner

The Preparedness Project is poised to continue providing sound financial counsel to families affected by serious mental illness

The Preparedness Project, an initiative founded by financial advisor Paul Peeler that provides specialized planning support for Serious Mental Illness (SMI) caregivers and their families, announced that Paul Peeler was named the recipient of Integrated Financial Group’s 2023 Lorie Moore & Chuck Nida Stewardship Award

The award recognizes the lives of Chuck Nida and Lorie Moore, peer advisors of Integrated Financial Group (IFG), and honors an IFG advisor who has made a significant impact in giving back to their community or charitable cause. The recognition was announced at IFG’s 2023 conference, which took place Jan. 19-21 at The Hotel at Avalon in Atlanta.

“Paul’s work and heart for families facing severe mental illness is a new frontier for the financial services industry.”
Land Bridgers, CEO,
Integrated Financial Group

“Paul’s work and heart for families facing severe mental illness is a new frontier for the financial services industry,” said Land Bridgers, CEO of Integrated Financial Group. “He is leading the way with The Preparedness Project and leaning into this underserved but growing population in America. Paul has taken his real-life struggles and used them to impact others in a huge way.”

“I’m honored to receive this recognition from my peers,” said Peeler, Founder and Director of The Preparedness Project. “I’ve dealt with an SMI in my family, so this cause is near and dear to my heart. Traditional financial planning is difficult enough, but trying to plan for your financial future while planning for the needs of a family member with a severe mental illness makes the job all the more complicated. The Preparedness Project is our effort to help.”

ABOUT THE PREPAREDNESS PROJECT

Armed with 30 years of fiscal acumen, Peeler works with SMI caregivers and families to identify financial goals and strategies that help them approach the future confidently. The project provides a full financial analysis, including in the areas of cash flow planning, goal planning, retirement planning, estate planning, tax planning, investment advisory, insurance planning, risk management, education planning, charitable planning, debt planning, employer benefits, and more. 

His passion program, which is committed to supporting families that need accessible guidelines when dealing with economic concerns due to an SMI, provides multigenerational planning and guidance while eradicating the hindrances created by the cost of traditional financial planning. 

Peeler has set a goal of helping 500 such families. Since Peeler believes that people value things more when they have “skin in the game,” the services are not offered for free. The cost to participate in The Preparedness Project is $50, which is donated to the National Alliance on Mental Illness, the nation’s largest grassroots mental health organization.

To learn more about The Preparedness Project, please click here. To learn more about Paul Peeler, please click here.

ABOUT INTEGRATED FINANCIAL GROUP

Integrated Financial Group (IFG) is a consortium of independent financial planners dedicated to leading the fiduciary standard for investment and wealth management. On a day-to-day basis, IFG’s distinctive culture encourages members to collaborate and share ideas. It’s called the Brain Trust, where the wisdom and experience of tenured advisors integrate with fresh, new insights from younger ones. Since 2003, IFG has fostered this environment and, at the same time, offered premium business support services, regulatory compliance oversight, business consulting, advisory marketing, and professional coaching to help advisors reach their full potential. To learn more, visit www.Integrated-Financial-Group.com.

Media Contact: 

Jonny Swift
Impact Communications, Inc.
913-649-5009
[email protected]
 

Securities and Advisory services offered through LPL Financial, a registered investment adviser. Member FINRA/SIPC. Advisory Services may be offered through LPL Financial, a registered investment adviser or IFG Advisory, LLC, a registered investment adviser. Integrated Financial Group and IFG Advisory, LLC are separate entities from LPL Financial. The LPL registered representatives of Paul Peeler may only discuss securities or transact business with persons who are residents of AL, AR, CT, FL, GA, HI, SC, TN.

Contact Information:

Jonny Swift

Impact Communications

[email protected]

(913) 649-5009

Original Source:

Paul Peeler, Founder of the Preparedness Project, Named Integrated Financial Group’s 2023 Stewardship Award Winner

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