In addition to utilizing cold storage, it is important to keep your assets off public exchanges such as Coinbase, Kucoin, etc. If something happened to these exchanges, such as a security breach, bankruptcy, etc., your assets would be at risk. Remember — not your keys, not your crypto....
While we know our users won’t fall for e-proposals from a Nigerian prince, crypto scams can be pretty savvy, which is why we are here to help you spot them from miles away. Below are the most common scams you’re likely to face when purchasing cryptocurrency, trading, or simply ...
When explaining private versus public keys, Chris Kline, chief operating officer of Bitcoin IRA, compares them to an email and its password. "You give your email address out to people, so they can send you emails – a public key is your email address of your crypto. If you want to send...
10 Ways to Keep Your Cryptocurrency Safe View All 13 Slides Tags: cryptocurrency, bitcoin, Elon Musk, investing, gold, money, Coinbase, stablecoin Investing Advice Investing The History of Bitcoin Investing Best Battery Stocks to Buy Investing High-Yield Covered Call ETFs Investing 10 Best Tech St...
The Chain State in Bitcoin is a key-value database that maintains a record of all active UTXOs. With the arrival of every new block, spent UTXOs are removed, and new UTXOs are added to the Chain State. This dynamic update of the Chain State ensures that it accurately reflects the current...
When you invest through a crypto exchange, you can keep the tokens or coins you purchase in your exchange account. Storing your crypto within the exchange makes it easy to complete trades, but there are some risks with this approach.
When it comes to protecting your cryptocurrency from hackers, one of the most important steps is to use secure wallets. Cryptocurrency wallets are digital accounts that store and manage digital currencies like Bitcoin or Ethereum. By using a secure wallet, you can keep your crypto safe from ...
Too Long; Didn't ReadThere are several reports of threats and attacks on crypto wallets every day. You must be on the lookout to keep your investment safe and secure from hackers. Remember that crypto activities cannot be tracked, and you must be ready to do all it takes to keep your ...
To help you get started we’ve compiled this list of our top 3 tips to protect your wallet from hackers. Tip #1: Don’t Keep Your Cryptocurrency in an Exchange Wallet Crypto exchanges have improved significantly over the past few years, but keeping large amounts of cryptocurrency in an exch...
The IOTA Foundation recommends copying the seed to an online password database, such asKeePass. While copying the seed to the database, you should randomly change 10 letters within the key before saving it. The idea is to make your seed truly random, difficult to guess, and ensure that it...