Dear Fasttoken Community,
In light of our ongoing efforts to improve the security of our infrastructure we find it crucial to reiterate the importance of general security measures, awareness and caution, particularly concerning ERC20 FTN transactions.
We highly encourage everyone to use Bahamut blockchain and native FTN for all your operations. To avoid unnecessary complications, all other FTN balances, including ERC20 FTN, should be bridged to Bahamut through the official FTN bridge portal at your earliest convenience.
Avoid any ERC20 Fasttoken (FTN) Pools on Ethereum blockchain:
- Do not trust any decentralized exchanges on the Ethereum blockchain advertising ERC20 FTN pools and/or transactions.
- There are no official or non-official pools on Ethereum blockchain for ERC20 FTN. Any such pools may be attempts by the security breach actor to exploit honest users.
Exercise Caution with all DeFi Platforms with ERC20 Fasttoken (FTN) Pools:
- Refrain from engaging with any DeFi pools offering ERC20 FTN for lending, staking, or other purposes. These platforms may pose a risk and could be part of an attempt to steal from honest users.
- Our commitment to security remains unwavering, and we appreciate your continued cooperation and understanding in the field. Fasttoken team is actively working to address the situation and reinforce the integrity of your digital assets, and keep dishonest behavior under control.
Enable 2-Factor Authentication (2FA):
Always use 2FA when engaging in any activities related to cryptocurrency, including interactions with centralized exchanges and other cryptocurrency services. 2FA adds an extra layer of security to your accounts, helping protect against unauthorized access.
Protect Your Seed Phrases and Private Keys:
Never share your private keys with anyone! Your private keys are the key to your digital assets, and keeping them confidential is crucial. Store private keys securely offline in hardware wallets or other secure mediums (regular notebooks) to minimize the risk of unauthorized access.
Use FTN Exclusively on Bahamut Blockchain:
For all FTN-related actions, transactions, and purposes, utilize the Bahamut blockchain—the native blockchain of FTN (Fasttoken). Bahamut provides a secure environment for all FTN activities and minimizes the risk associated with cross-chain transfers.