Custodial wallet security

What is Crypto Insurance? Can Crypto Assets be Insured?

Crypto insurance is a specialized type of insurance designed to protect digital assets such as cryptocurrencies. As cryptocurrencies gain popularity and their value increases, the need for securing these assets against various risks has become more evident.

Security Tips

7 Ways to Protect Your Crypto Wallet from Theft and Hacks

Protecting your crypto wallet is not just an option; it is a necessity to safeguard your investments from cyber threats. This post outlines seven essential strategies to help you secure your crypto assets against potential security breaches, ensuring peace of mind in your digital financial

Custodial wallet security

Is Face or Touch ID Enough to Secure My Crypto Wallet?

With the proliferation of biometric authentication technologies, such as Face ID and Touch ID, on mobile devices, the question arises: Can these convenient and seemingly secure methods adequately protect our crypto wallets?

Crypto Security

Understanding Wallet Security: Best Practices for Protecting Your Crypto Assets in 2024

In this comprehensive guide, we will delve into the intricacies of wallet security and provide you with the best practices to keep your crypto assets safe from potential threats and hackers.

Defi

Understanding the Rise of DeFi: Implications for Wallet Security and User Sovereignty

This blog post delves into the DeFi phenomenon, its implications for wallet security, and how it influences user sovereignty.

Crypto Wallet Safety

Hot vs Cold Crypto Storage: Which is Better for Wallet Security?

Securing cryptocurrency requires a strategic choice between hot and cold storage, each having unique characteristics and impacts on wallet security. This article looks into the advantages and drawbacks of both hot and cold storage methods.

Social Engineering

Unmasking the Art of Deception: What is Social Engineering?

Social engineering is a manipulation technique that exploits human error to gain private information, access, or valuables. These “human hacking” scams in cybercrime lure unsuspecting users into exposing data by using social engineering tactics, which involve psychological manipulation

phishing

What is Phishing? How To Protect Your Crypto Wallet From Phishing

Phishing attacks usually involve the creation of fake websites or emails that mimic the appearance of legitimate and well-known entities, with messages that spark urgency, leading unsuspecting victims to quickly take the needed action, such as clicking on a malicious link

Wallet security

What Is Encryption In Data Security and Why Is it Important For Your Crypto Wallet?

encryption converts plain, readable data into an unreadable format using a specific algorithm or method. This transformation is reversible only for those who possess the decryption key, making it an essential tool for protecting sensitive information.

Multisignature Wallet

What Are MultiSignature (MultiSig) Wallets?

In a MultiSig wallet, a transaction requires signatures from multiple private keys before execution. The specific number of signatures needed can vary. For instance, a 2-of-3 MultiSig wallet would need two out of three designated parties to sign off on a transaction.

Multi-Party Computation

What Are Multi-Party Computation (MPC) Wallets?

with multi-party encryption, custodial wallet providers can enhance security measures by dividing private keys and sensitive data into multiple shares, ensuring that no single entity possesses full control. This decentralized approach not only reduces the risk of insider threats

Bitcoin Halving

Bitcoin Halving In 6 Months: What You Should Know

The most recent halving event happened in May 2020, reducing the reward to 6.25 BTC. While the price surge after this halving wasn't as explosive as the previous ones, it still led to notable gains. Bitcoin's price increased from approximately $8,700 before halving to over $60,000 in April 2021.

What is WalletConnect?

What is WalletConnect? How To Use WalletConnect

WalletConnect is a groundbreaking protocol designed to address the critical need for secure connections in the crypto world. It serves as the bridge that links your software wallet to various decentralized applications, enabling you to engage with blockchains and smart contracts

Cwallet

Wallet Security: Why You Must Enable 2-Factor Authentication

With the rise of cyberattacks and unauthorized access attempts, extreme safety precautions are required to protect your digital wallet. One of the most effective ways to secure your digital wallet is to enable two-factor authentication (2FA).

advantages of cold wallets

5 Tips For Using A Hardware Wallet Securely

Reputable brands have a track record of security and reliability, which is vital when safeguarding your valuable digital assets. They invest in the latest security technologies and follow best practices in hardware and software development to minimize vulnerabilities.

Best Hardware Wallet

Hardware wallet or Software wallet: 5 Factors To Help You Make a Choice

software wallets offer simplicity and accessibility, and if you don’t lose your private keys, you can always access your wallet. Conversely, hardware wallets trade off convenience and accessibility for a higher level of security

Cwallet

Understanding the Power of Combined Custodial and Non-Custodial Crypto Wallets

Understanding the difference between custodial and non-custodial wallets is crucial in the world of cryptocurrencies. Each type offers unique benefits and considerations, and choosing the right one can significantly impact your crypto experience

Cwallet

What is a Crypto Rug Pull and How to Spot One?

When investing in crypto, you must be mindful of rug pull scams. Identifying the indicators of a potential rug pull can help investors protect their assets.

Cwallet

How to Invest in DeFi Projects for Beginners

DeFi provides a transparent, open-source financial environment in which everyone with a crypto wallet can participate, with several investment alternatives in addition to trading crypto assets regularly, as CeFi does.

Crypto Security

The Importance of Security Features in Crypto Wallets

Security features are a crucial aspect of crypto wallets that should be noticed. As the value of cryptocurrencies continues to rise, the risk of hacking and theft increases, making it essential to choose a wallet with robust security features.

Custodial Wallet

REVEALED! Why You Should Avoid Using a Non-custodial Wallet

Now, don't get the wrong notion; non-custodial wallets can be perfectly safe if you take the necessary precautions and are well-versed in the world of cybersecurity. But for the less tech-savvy, here is what you should be wary of.

How to Secure Crypto Wallet

Custodial Wallet Security: Best Practices For Beginners In 2023

wallet integrates most of the security features mentioned above. It allows you to create a flexible password and a 6-digit pin for transactions; it is further bolstered by two-factor authentication via Google Authenticator or SMS codes that prevent unwanted access from your account.