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Phishing risks highlighted for crypto users, Changpeng Zhao warns

Phishing risks highlighted for crypto users, Changpeng Zhao warns
Phishing threats rising for crypto users

Changpeng Zhao warns followers about the rise of phishing attempts targeting cryptocurrency users.

He also discloses that SafePal is a portfolio company of YZiLabs, where he is a minority investor.

Zhao has previously stated that over 20.07 million bitcoins had been mined by August 2026, leaving just 4.4 percent of the total supply still to be created, according to his post on bitcoin mined supply. He has also argued that storing coins on exchanges may be statistically safer than self custody, pointing to the visibility of assets on trading platforms in a separate analysis. These comments come as Zhao continues to comment on security challenges facing crypto users.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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