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.
- 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.
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Wrench attacks on prominent crypto executives are shaping the narrative on centralized crypto custody.
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After a wave of crypto crimes, Didi Taihuttu and his “Bitcoin Family” revamped their security by splitting their Bitcoin seed phrase across four continents.
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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.
98053 - News
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.
6810 - News
Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.
7553 - News
The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications.
10183 - News
Casa has added Ethereum support to its self-custody storage solutions, providing multisignature security for BTC and ETH.
3432 - News
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.
13223 - 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.
4283 - News
Trust Wallet has partnered with MoonPay and Ramp to allow customers to convert their crypto to fiat without using any centralized exchange.
8765 - News
The funding is the first of three rounds for the hardware wallet provider, whose success has been fueled by growing awareness of crypto self-custody.
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