Jul 03, 2024
Why KYC is Essential for Secure Crypto Transactions: A Look at Cwallet's KYC Process
Fraud is a significant concern in the cryptocurrency space due to the pseudonymous nature of transactions and the irreversible nature of blockchain technology. KYC processes are essential in identifying and preventing fraudulent activities by ensuring that users are who they claim to be....
May 27, 2024
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...
Jan 24, 2024
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....
Jan 19, 2024
How Does A Non-Custodial Wallet Secure Assets?
you are solely responsible for your wallet security while using non-custodial wallets, as the onus to keep your private key safe is on you, and no service provider can do that for you....
Jan 01, 2024
Top 3 Hardware Wallets For Offline Storage - 2024 Updated
if you want to protect your portfolio while maintaining complete control over your crypto assets, a hardware wallet is one way to go. However, with so many hardware wallets available on the market, selecting the most compatible one for you may be a tad challenging....
Dec 27, 2023
Holiday Scams in Crypto: Tips for a Safe and Secure Season
This guide will equip you with essential tips and strategies to stay one step ahead of online holiday scams. We'll uncover the most frequently reported scams, like gift card scams, wire transfer fraud & phishing attempts, to help you recognize and avoid falling victim to these malicious players....
Dec 15, 2023
How to Buy Bitcoin in Nigeria and Avoid Being Hacked
This blog covers everything from navigating secure platforms for Bitcoin transactions to safeguarding your personal information. Additionally, we'll provide recommendations for trusted sources to buy Bitcoin in Nigeria, ensuring a hassle-free and secure experience....
Dec 14, 2023
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....
Nov 25, 2023
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...
Nov 17, 2023
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...
Nov 05, 2023
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....
Nov 02, 2023
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....