News
The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities.
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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.
- 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.
21512 - News
South Korea’s National Tax Service warned that cold wallets are not beyond its reach, as it will conduct home searches to combat tax evasion.
14486 - Analysis
Wrench attacks on prominent crypto executives are shaping the narrative on centralized crypto custody.
7331 - News
After a wave of crypto crimes, Didi Taihuttu and his “Bitcoin Family” revamped their security by splitting their Bitcoin seed phrase across four continents.
13124 - News
The new data compression layer may address centralization risks in the crypto industry, such as the recent outage by Amazon Web Services.
5650 - News
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.
98043 - Exclusive
A state-of-the-art nuclear bunker in the Swiss Alps is being used to safeguard Bitcoin.
11056 - Interview
Crypto execs discuss how wearable hardware wallets can advance crypto technology and accessibility, promoting adoption.
19368 - News
Tangem's hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody.
17527 - News
AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says.
5158 - News
Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage.
6806 - News
Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.
7545 - News
The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications.
10171 - News
Casa has added Ethereum support to its self-custody storage solutions, providing multisignature security for BTC and ETH.
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