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.

Follow up
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...
How to protect yourself from the recent spate of ‘crypto muggings’
Jesse Coghlan
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.
MetaMask warns Apple users over iCloud phishing attacks
Brian Quarmby
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 ...
Update: Mt. Gox 6,800 BTC not linked with ex-CEO‘s plans to redistribute $6B
Arijit Sarkar
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 wo...
Did rapper YG flex a $30M BTC stack in his recent music video?
Brian Quarmby
Bluezelle's mainnet R2 file storage system aims to provide a decentralized alternative to IPFS.
Bluzelle launches mainnet decentralized storage for NFT content
Tom Farren
The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions.
Diginex's crypto custody arm receives green light from UK financial watchdog
Turner Wright
Metaco will use IBM Cloud to provide robust security-critical technology for institutional investors entering the digital asset space.
Metaco partners with IBM for secure digital asset orchestration system
Osato Avan-Nomayo
Use Case
With major exchanges suffering outages and hacks, and some abruptly suspending withdrawals, are wallet platforms a more compelling alternative?
How wallet platforms are taking on exchanges
Connor Sephton

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