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In the fast-paced world of cryptocurrencies, getting back lost or stolen assets is a big concern. As we progress into the year, finding effective ways to recover crypto assets is crucial for both individual investors and the wider crypto community. Here are some actionable steps to follow:1. Quick Action and Reporting:<ul><li>When you lose crypto assets, act fast. Report the incident immediately to the right people, like the police and the crypto exchange where you trade. Quick reporting increases the chances of getting your assets back before they&#39;re moved around too much.</li></ul>2. Talk to Legal Experts:<ul><li>Get help from experts who know about crypto laws. These legal professionals can guide you on what to do, like filing the right legal claims and working with the police to catch the people responsible.</li></ul>3. Use Blockchain Tools:<ul><li>There are <a href="https://defi-planet.com/2023/10/crypto-asset-recovery-in-2023-best-practices-and-tools/" rel="noopener noreferrer nofollow">tools</a> that help track lost crypto assets. They use smart algorithms to look at the transactions on the blockchain, finding suspicious activities and tracing where the money goes. These tools are a big help in figuring out the complicated paths that stolen assets take. Read more: <a href="https://defi-planet.com/2023/10/crypto-asset-recovery-in-2023-best-practices-and-tools/" rel="noopener noreferrer nofollow">Crypto Asset Recovery in 2023: Best Practices and Tools</a></li></ul>4. Work with Exchanges:<ul><li>The platforms where you trade your crypto can be helpful. They have info on all the transactions and can freeze accounts connected to bad activities. Keeping in touch with exchanges makes it easier to get back what you lost.</li></ul>5. Get Cybersecurity Help:<ul><li>Cybersecurity experts are like the protectors of your digital assets. They can check for weak spots in your security and help you stay safe from future thefts. By doing regular checks and having strong security, you can prevent bad actors from taking your crypto.</li><li></li></ul>6. Spread Knowledge:<ul><li>Teach yourself and others how to keep crypto assets safe. Knowing more about how to stay secure helps everyone. By sharing information on good security habits, the whole crypto community can be better prepared for any new threats.</li></ul>Catch up on our published articles for the week!NEWS<ul><li>Polygon Labs Lays Off 19% of Staff, CEO Cites Need to ‘Right-Size’ &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/polygon-labs-lays-off-19-of-staff-ceo-cites-need-to-right-size/" rel="noopener noreferrer nofollow"> Learn more. </a></li><li>Bitget Distributes 351,400 $ZETA Tokens to Participants of the Task2Get Program &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/bitget-distributes-351400-zeta-tokens-to-participants-of-the-task2get-program/" rel="noopener noreferrer nofollow"> Learn more </a></li><li>Binance Freezes $4.2 million worth of XRP following recent Ripple Co-founder account hack &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/binance-freezes-4-2-million-worth-of-xrp-following-recent-ripple-co-founder-account-hack/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Bybit Applies for a Virtual Asset Trading Operator License in Hong Kong &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/bybit-applies-for-a-virtual-asset-trading-operator-license-in-hong-kong/" rel="noopener noreferrer nofollow">Learn more </a></li><li>El Salvador Will Continue Using Bitcoin as Legal Tender if President Bukele is Reelected – Vice President &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/el-salvador-will-continue-using-bitcoin-as-legal-tender-if-president-bukele-is-reelected-vice-president/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Binance Takes Legal Action After Source Code Leak On GitHub Raises Security Concerns &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/binance-takes-legal-action-after-source-code-leak-on-github-raises-security-concerns/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Crypto Giants, Including Coinbase and Ripple, Donate Millions to Fairshake PAC Ahead in U.S. Elections &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/crypto-giants-including-coinbase-and-ripple-donate-millions-to-fairshake-pac-ahead-in-u-s-elections/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Former UK Finance Minister George Osborne Joins Coinbase’s Advisory Board &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/former-uk-finance-minister-george-osborne-joins-coinbases-advisory-board/" rel="noopener noreferrer nofollow"> Learn more. </a></li><li>Core Scientific Mined More than 19,000 Bitcoin Tokens in 2023 Amidst Bankruptcy Exit Efforts &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/core-scientific-mined-more-than-19000-bitcoin-tokens-in-2023-amidst-bankruptcy-exit-efforts/" rel="noopener noreferrer nofollow"> Learn more </a></li><li>Ripple Security Breach: Co-Founder Faces $110 Million Loss In Personal Account Hack &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/ripple-security-breach-co-founder-faces-110-million-loss-in-personal-account-hack/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Renowned Author Robert Kiyosaki Advocates Bitcoin as a Safeguard Against Economic Challenges &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/renowned-author-robert-kiyosaki-advocates-bitcoin-as-a-safeguard-against-economic-challenges/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Binance Officially Lists Jupiter’s Native Token, JUP &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/binance-officially-lists-jupiters-native-token-jup/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Worldcoin Faces Scrutiny in Hong Kong: Privacy Watchdog Raids Offices Amidst Data Protection Investigation &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/worldcoin-faces-scrutiny-in-hong-kong-privacy-watchdog-raids-offices-amidst-data-protection-investigation/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Pro XRP Lawyer John Deaton Criticizes the US SEC over DEBT Box Case Withdrawal &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/pro-xrp-lawyer-john-deaton-criticizes-the-us-sec-over-debt-box-case-withdrawal/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Terraform Labs’ New CEO Says the Company is Prioritizing Growth Over Gain &gt;&gt;&gt;<a href="https://defi-planet.com/2024/01/terraform-labs-new-ceo-says-the-company-is-prioritizing-growth-over-gain/" rel="noopener noreferrer nofollow"> Learn more. </a></li><li>Blockchain Is ‘The Future of the Internet’, Says Andreessen Horowitz Partner Chris Dixon &gt;&gt;&gt;<a href="https://defi-planet.com/2024/01/blockchain-is-the-future-of-the-internet-says-andreessen-horowitz-partner-chris-dixon/" rel="noopener noreferrer nofollow"> Learn more </a></li><li>Binance Will Finally Agree to Allow Customer to Store Their Funds Somewhere Else – Report &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/binance-will-finally-agree-to-allow-customer-to-store-their-funds-somewhere-else-report/" rel="noopener noreferrer nofollow">Learn more </a></li><li>US SEC Charges Two Crypto Influencers Over Alleged $1.7 Billion Pyramid Scheme &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/us-sec-charges-two-crypto-influencers-over-alleged-1-7-billion-pyramid-scheme/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Solana-Based DEX Jupiter Sees Leap in Trading Volumes Ahead of Its Token Issuance &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/solana-based-dex-jupiter-sees-leap-in-trading-volumes-ahead-of-its-token-issuance/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Harvest Fund Submits Hong Kong’s First Spot Bitcoin ETF Application to the SFC &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/harvest-fund-submits-hong-kongs-first-spot-bitcoin-etf-application-to-the-sfc/" rel="noopener noreferrer nofollow">Learn more </a></li></ul>ARTICLES<ul><li>Decentralized Exchange Review 2023: All You Need To Know About 1inch &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/decentralized-exchange-review-2023-all-you-need-to-know-about-1inch/" rel="noopener noreferrer nofollow">Learn more </a></li><li>AI in Blockchain Technology: An In-depth Guide on Ocean Protocol &gt;&gt;&gt; <a href="https://defi-planet.com/2024/01/ai-in-blockchain-technology-an-in-depth-guide-on-ocean-protocol/" rel="noopener noreferrer nofollow">Learn more </a></li></ul>Spotlight on interesting projectsTezoro<a href="https://tezoro.io/" rel="noopener noreferrer nofollow">Tezoro</a> is a non-custodial service that allows you to reduce the risk of losing your crypto by ~100 times by creating a backup: a smart contract that can withdraw crypto from your wallet and transfer it to a backup address even if you&#39;ve already lost access to your wallet or died.Tezoro is a non-custodial service. It helps you to prepare your backup, and you confirm it via your MetaMask and deploy it directly to the blockchain.Nobody, including Tezoro, can change the amount or replace the backup address. The only thing you allow it to do is initiate the transfer at the moment you need it.For more information, visit <a href="https://tezoro.io/" rel="noopener noreferrer nofollow">https://tezoro.io/</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/a34409a623104e47897f743b61a94743.jpeg" />If you want more content like this, visit <a href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, <a href="https://medium.com/&#64;defi-planet" rel="noopener noreferrer nofollow">Medium</a>. and <a href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community</a>.

Weekly Round-Up #89 | Crypto Asset Recovery: Best Practices in 2024 🔒

DeFi Planet

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