Explained
Multisig cold wallets are highly secure but not immune to attacks, as demonstrated by incidents like the February 2025 Bybit hack, emphasizing the need for additional precautions.
Cold Storage News
Cold storage is a way of storing digital assets without a connection to the internet. Cold storage wallets are protected from unauthorized access, hacks and many other vulnerabilities of internet-connected wallets. Cold storages are widely applied in the cryptocurrency industry. In its most basic form, cold storage can be a paper wallet that has a private key and an address of the digital wallet printed onto a piece of paper. Arguably, the most popular Bitcoin cold storages are hardware wallets like USB drives and smart cards. Bitcoin cold storage wallets are often used by Bitcoin investors with a lot of wealth because of its security advantages. BTC cold storages are a necessity because of the fact that cryptocurrency frauds and hacks of exchange platforms are not compensated by most governments or banks, and the loss of an asset can become irrecoverable.
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James Howells’ $716 million Bitcoin fortune in a landfill has sparked legal battles, and his ex-partner now claims she followed his instructions to discard the hard drive.
97194 - Exclusive
A state-of-the-art nuclear bunker in the Swiss Alps is being used to safeguard Bitcoin.
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Crypto execs discuss how wearable hardware wallets can advance crypto technology and accessibility, promoting adoption.
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Tangem's hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody.
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AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says.
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Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage.
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Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.
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The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications.
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NGRAVE, a digital asset security provider, offers user-friendly, self-custody solutions that combine offline key creation with advanced recovery options for crypto users.
5963 - News
Casa has added Ethereum support to its self-custody storage solutions, providing multisignature security for BTC and ETH.
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The private seed phrases of Ledger users could be shared with governments if their custodians were ordered to do so, but this is “not a real concern,” according to CEO Paul Gauthier.
12843 - Opinion
Ledger’s latest update, aimed at making private seed phrases on its wallets recoverable, was simply an attempt to innovate and improve user security.
3649 - News
As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity.
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Trust Wallet has partnered with MoonPay and Ramp to allow customers to convert their crypto to fiat without using any centralized exchange.
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