Analysis
Wrench attacks on prominent crypto executives are shaping the narrative on centralized crypto custody.
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Wallet News
In the digital world, a wallet, or e-wallet, is where people store cryptocurrencies. A Bitcoin wallet stores a holder’s Bitcoin (BTC), which is sent to that crypto wallet by the user or another party.
There are many different types of cryptocurrency wallets, each catering to different user needs and preferences. Software wallets, including desktop, mobile and web wallets, offer convenience as they are accessible across devices. They are user-friendly but vulnerable to malware and hacking attacks. Hardware wallets, on the other hand, are physical devices that store cryptocurrency offline, providing enhanced security by keeping assets isolated from internet threats. While hardware wallets offer robust protection, they can be expensive and are susceptible to physical damage or loss.
Paper wallets involve printing private keys and addresses on paper, keeping them offline. They offer heightened security, but if the paper is lost or damaged, access to funds is irretrievable. Additionally, online wallets, often provided by exchanges, offer ease of use but pose higher security risks due to their susceptibility to cyberattacks.
Securing wallets involves encryption, two-factor authentication and backup mechanisms. Users must weigh the advantages of accessibility against the disadvantages of potential vulnerabilities, choosing a wallet type that aligns with their security requirements and usage preferences.
- Explained
Quantum computing could enable the reverse engineering of private keys from publicly exposed ones, putting the security of Bitcoin holders at risk.
- Explained
A $44-million breach at CoinDCX has rocked India’s CoinDCX exchange, exposing silent vulnerabilities, delayed disclosures and the fragile infrastructure.
- How to
It is essential to secure your BTC, altcoins and NFTs with a crypto inheritance plan that safeguards keys and simplifies wealth transfer for heirs.
10381 - News
Telegram's built-in TON Wallet rolls out to US users, enabling self-custodial crypto transactions, DeFi access and off-ramp features within the app.
4598 - News
Bitget Wallet’s direct withdrawal launch for USDT and USDC reflects the growing demand for ways to exit crypto positions without relying on centralized exchanges.
14245 - Explained
A fake hardware wallet bought via TikTok led to a $6.9-million crypto theft; hackers are now targeting devices meant to keep funds safe.
- News
Kadan Stadelmann, chief technology officer at Komodo Platform, speculates the whale might be securing its “jaw-dropping profits” after 14 years of holding.
46011 - News
Gaming, daily purchases and travel bookings emerge as categories where Gen Z users strongly prefer cryptocurrency.
35298 - Explained
It’s crucial to securely back up and store your seed phrase in multiple safe places, ensuring that you’re the only one who can access it when needed.
- News
Lookonchain first noticed the whale in early July, noting its eight wallets received Bitcoin in April and May 2011, before going dormant for over a decade.
7807 - News
Bitcoin would need to spike at least 208% and hit $370,000 per token for Satoshi Nakamoto to become richer than the top billionaire on the Forbes billionaires list.
22387 - News
Social engineering scams, from the Meeten campaign to fake crypto support scams, have become a troubling occurrence in crypto.
1982 - How to
You can set up and use a crypto hardware wallet in just a few steps. Learn how to get started, secure your keys and safely manage your assets.
24565 - News
Ether has appreciated nearly 90,000% in the 10 years since the two Ethereum wallets received their coins.
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