COLD WALLET
This is also known as a “hardware wallet” and is a physical device that acts as a wallet to store, manage, and transfer cryptocurrencies. Cold wallets are often used for security reasons since they are not constantly connected to the internet.
Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.
Tangem Announces Partnership for SHIB-Themed Cold Wallets, Strengthening Shiba Inu's Ecosystem
Tangem, a prominent player in the blockchain industry, has announced it will unleash SHIB-themed cold wallets.
Ledger Hacker Dumps Hardware Wallet Users’ Personal Info on Public Server
Ledger, the leading cold wallet manufacturing company, appears to be reaping the consequences of an earlier hack that compromised its clientele base.
Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.
IDAX Freezes Cold Wallet Transactions Following CEO Disappearance
Something fishy might be happening as the IDAX cryptocurrency exchange’s CEO goes missing and its users are advised to halt using the exchange’s services.