⚠️ DCENT WALLET SECURITY UPDATE
DCENT is investigating abnormal asset transfers involving its software-only DCENT App Wallet.
So far, there is NO evidence that DCENT hardware wallets themselves have been affected.
If you use a DCENT hardware wallet with the DCENT app and have NEVER entered or restored your hardware wallet’s recovery phrase into the App Wallet, DCENT says no action is required for your hardware wallet.
🚨 Important exception: If you have ever imported that recovery phrase into the software App Wallet, follow DCENT’s instructions: update the app before making any transactions, then move the assets to a secure wallet that has never shared that recovery phrase.
And PLEASE be on guard for scammers taking advantage of this situation. DCENT will never ask for your recovery phrase/private key or tell you to send your crypto to a “recovery” or “compensation” address. Ignore DMs, emails, links or wallet addresses claiming otherwise.
This is also a good reminder of why I’m such a strong believer in hardware wallets: keep your private keys offline and never type your hardware wallet recovery phrase into a software wallet. 🔐
Stay safe, guys. 👍