Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the U.K. successfully stole thousands worth of crypto from everyday holders.
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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The firm warned that If an Apple user has enabled automatic iCloud backups of their MetaMask wallet data, their seed phrase is being stored online.
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While initial reports suggested that a cold wallet linked to Mt. Gox transferred 6,800 BTC, F2pool founder later confirmed that the address was associated with the early miners of F2Pool and not Mt. Gox.
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YG is seen in the music video holding a Ledger cold storage USB close to a smartphone with a screen bearing a wallet application with more than $30.6 million worth of BTC in it.
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Bluezelle's mainnet R2 file storage system aims to provide a decentralized alternative to IPFS.
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The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions.
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Metaco will use IBM Cloud to provide robust security-critical technology for institutional investors entering the digital asset space.
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With major exchanges suffering outages and hacks, and some abruptly suspending withdrawals, are wallet platforms a more compelling alternative?
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A Gnosis safe now contains the third-largest concentration of Ether, according to Etherscan, holding 2.2% of the coin supply — worth $2.9 billion.
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Even with their newfound fortune, the lucky student said they will avoid “expensive luxuries” like a new car or house.
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The trustee representing the users of the now-defunct Canadian crypto exchange QuadrigaCX will submit all of its documents containing user data to Canada’s tax authority.
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Crypto custody is the latest buzzword in the industry — but does it have the potential to interest institutional investors in digital assets?
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Hardware wallets manufacturer Ledger announces that its cryptocurrency management software Ledger Live now supports over 1,250 Ethereum-based ERC-20 tokens.
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Demand for virgin Bitcoin is currently at its all-time high.
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Visa co-led a $40 million funding round in crypto startup Anchorage, marking its second-ever investment in a crypto startup.
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