'Protect Your Crypto Wallets With InfoSec - The Three-Tier Wallet System and Crypto-Hygiene' crypto web3
"Crypto-heists" are all over the news. In March,
🥶 Cold Wallet - The wallets store the crypto tokens offline. Therefore, they serve as vaults that you can use for transactions. Interestingly, some cold wallets connect to the internet while retaining their basic working functionality.Cold Wallet is a great choice to store your private key, but it is not good enough. Although most people use the cold wallet as the main wallet, it is not as convenient as the hot wallet. Also,If someone gets access to the private key, they own you.
For most of us, if you have a crypto wallet, I am sure you see at least one phishing email/ message about freezing your wallet like the one below:Like cybersecurity, reducing the attack surface is a continuous process; we can alsoScammers often apply high-pressure tactics to trick you into investing your assets quickly. For example, by promising bonuses or discounts if you participate in a limited time window.
Knowing different types of crypto wallets is essential for investing in cryptocurrencies. In addition, security is also occurring as a necessary concern for cryptocurrency investment after all the crypto heists in recent years. 🥶 Cold Wallet - The wallets store the crypto tokens offline. Therefore, they serve as vaults that you can use for transactions. Interestingly, some cold wallets connect to the internet while retaining their basic working functionality.Cold Wallet is a great choice to store your private key, but it is not good enough. Although most people use the cold wallet as the main wallet, it is not as convenient as the hot wallet. Also,If someone gets access to the private key, they own you.
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