Hardware wallets are considered to be the most reliable cryptocurrency storage solution of all. A special device that signs all of its owner’s blockchain operations offline looks so much more reliable than online storage or computer apps. After all, we hear news of hacks and bankruptcies of online cryptocurrency exchange platforms nearly every month, while […]
Cryptocurrencies and other blockchain assets aren’t protected by bank guarantees or other “traditional” financial security measures. Therefore, investors need to take every possible precaution to protect themselves. Here are four key tips for storing cryptocurrencies securely and protecting other cryptoassets. 1. Expect scams The variety of different cryptoassets combined with a lack of regulation makes […]
Axie Infinity, a popular destination for 3 million traders of in-game collectible non-fungible tokens, reportedly lost $540M in cryptocurrency in a recruiting-themed spear phishing attack. The perpetrators of the crime are believed to be an advanced persistent threat group with ties to North Korean. The report comes from the publication The Block, which said on […]
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