Search Results for: cold wallet

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Close Look News
ByAuthor Market DeskPosted on

Decoding Crypto Security: Multi-Sig vs. MPC vs. TSS Wallets—Which One Reigns Supreme?

“In the aftermath of the ByBit theft, attention has shifted to the security protocols that could prevent similar incidents. One such safeguard—multi-signature wallets—raises important questions about their advantages and how they differ from traditional setups.” Multi-Computation Wallets vs. Multi-Signature (Multi-Sig) Wallets Both multi-computation wallets and multi-signature (multi-sig) wallets enhance security in crypto transactions, but they … Continue reading Decoding Crypto Security: Multi-Sig vs. MPC vs. TSS Wallets—Which One Reigns Supreme?

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Close Look
ByAuthor Global DeskPosted on

How Crypto Hardware Wallet Firms Make Money

All the companies that are involved in producing hardware crypto wallets have multiple revenue streams, either directly or indirectly. The hardware wallet industry has emerged as one of the most resilient sectors to the ongoing cryptocurrency winter, with issues like the FTX crash bringing in even more cold wallet sales. The bear market of 2022 has … Continue reading How Crypto Hardware Wallet Firms Make Money

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Exchange Watch
ByAuthor Global DeskPosted on

Binance Under Scrutiny After Moving $2.7B Out of Proof of Reserves Wallet

Binance is receiving flak from the crypto community after moving $2.7 billion out of its proof-of-reserves wallet. The exchange responded, saying the move was to a TRX cold wallet. All eyes are turning to Binance as the crypto community noticed that the exchange had moved $2.7 billion out of its “proof of reserves” wallet. Another Reddit post also … Continue reading Binance Under Scrutiny After Moving $2.7B Out of Proof of Reserves Wallet

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Exchange Watch
ByAuthor Global DeskPosted on

FTX Hacker Still Draining Exchange Wallets. Analyst Calls It On-Chain Spoofing

The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. The FTX hacker that drained over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continues to drain assets from the … Continue reading FTX Hacker Still Draining Exchange Wallets. Analyst Calls It On-Chain Spoofing

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Close Look
ByAuthor Global DeskPosted on

HOW BITCOINERS SHOULD USE THEIR HARDWARE WALLETS FOR ADVANCED SECURITY

Hardware wallets can protect your generational wealth. Leverage them to gain the highest level of security and privacy. Whether you’re just contemplating buying your first hardware Bitcoin wallet or have already had one for years, it’s always a good idea to refresh on the basics of these marvelous devices. Contrary to popular belief, a hardware … Continue reading HOW BITCOINERS SHOULD USE THEIR HARDWARE WALLETS FOR ADVANCED SECURITY

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Regulation News
ByAuthor Global DeskPosted on

HM Treasury Rethinks Policy On Collecting Data Around Unhosted Crypto Wallets

“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update. The government of the United Kingdom said it intends to modify a proposal that would have required crypto firms to collect personal data from individuals holding unhosted wallets that were the recipients of … Continue reading HM Treasury Rethinks Policy On Collecting Data Around Unhosted Crypto Wallets

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News
ByAuthor Market DeskPosted on

News at 10: Ledger Sunsets the Ledger S — What It Means for Crypto Security

As Ledger discontinues support for its original Ledger S hardware wallet, millions of users must decide: upgrade, migrate, or risk falling behind in security. 📌A Quiet Phaseout with Big Implications Ledger, one of the most recognized names in crypto security, has officially announced the sunset of the Ledger S hardware wallet, marking the end of … Continue reading News at 10: Ledger Sunsets the Ledger S — What It Means for Crypto Security

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News
ByAuthor Market DeskPosted on

Bybit’s $1.4B Hack: Industry Reactions, Security Concerns, and the Hunt for the Hacker

Bybit’s Historic Hack: A $1.4 Billion Crypto Heist The cryptocurrency world was shaken on Friday as Bybit suffered a staggering security breach, resulting in the loss of over $1.4 billion in digital assets. The scale of the theft sparked immediate reactions from industry experts and analysts. “This is now the largest crypto theft of all … Continue reading Bybit’s $1.4B Hack: Industry Reactions, Security Concerns, and the Hunt for the Hacker

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