Another day, another multi-million dollar crypto hack. 

Crypto exchange Kraken just had $3 million in crypto stolen this week via an "exploit", and while seasoned crypto users know to:

• Never share your private key

• Use burner wallets whenever possible

• Spread assets across multiple wallets/platforms

• And use Giddy (duh.)

With news of more and more of these (completely avoidable) hacks and scams coming out, it can make crypto seem a lot scarier than it really is.

And it's not just scammers making crypto look bad.

The often negative and grating culture surrounding the space can also be a major turnoff for those just looking for a place to grow their money.

Unfortunately, crypto's goal of decentralization and the democratization of finance also means there's no single entity in charge to cull out the trash when things get messy.

The slew of racist and otherwise offensive meme coins popping up on Solana and Ethereum over the past few months are a perfect example of that. When confronted about the trend, Austin Federa, head of strategy at the Solana Foundation, said, "No one expects Verizon to have a legal obligation to prevent a phishing email from landing in your inbox or to prevent you from accessing something that is potentially racist material."

And he's right, it's not Solana's responsibility, or any other blockchain for that matter, it's ours.

So what can you do?

Educate yourself on common scams, ignore the short term cash grabs, and vote with your (crypto) wallet.

Cryptocurrencies and the blockchains they live on are reshaping the world economy, and we as users get to decide which chains, tokens, and dApps will lead us into that new era by choosing what we interact with.

So choose wisely.

In the meantime, Giddy will continue building even better products that make crypto safer, easier, and more accessible to everyone.

- Joey Segura