Cold Storage Financial News

15.03 / 22:51

Cold Storage Bitcoin El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates

El Salvador moved over 5,000 bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post.

02.01 / 08:00

Blockchain Digital Cold Storage country innovations reports China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions

Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities.

06.12 / 09:31

IBM Cold Storage IBM Unveils New Cold Storage Technology for Enhanced Crypto Asset Security

IBM has announced the release of latest technology designed to enhance the security of cold storage for digital assets, aiming to revolutionize the way cryptos are managed and protected.

18.11 / 10:57

business Adoption wallet Hardware Wallet Cold Storage Crypto wallet with zero connectivity: NGRAVE joins Cointelegraph Accelerator

Cryptocurrencies are digital-only assets that investors can delegate custody to a third party, such as an exchange, store in hot wallets, or rely on their own hardware wallets. Security concerns with online solutions and third-party risks (not your keys, not your coins) have increased the need for crypto investors to find offline, easy-to-use solutions to securely manage their crypto assets. This demand, along with a growing awareness of self-custody, is driving the expansion of the hardware wallet market, which is expected to reach 3.6 billion by 2031.

23.06 / 10:03

Blockchain Ethereum wallet Blockchain Storage Cold Storage Bitcoin Wallet Bitcoin Casa launches multi-signature Ethereum self-custody vault

Since its inception in 2016, Casa promoted multi-signature self-custody of BTC in the industry with its flagship Bitcoin vault allowing users to store the cryptocurrency using up to five keys for more distributed security.

18.05 / 22:59

business wallet Hardware Wallet Ledger Cold Storage LedgerX Bitcoin Wallet Support I run a Ledger competitor — but I support them in blow-up over keys

It’s counterintuitive for a CEO to defend a competitor, particularly when that competitor is rolling out a feature similar to one we pioneered years ago. But given the debacle around Ledger’s new “Ledger Recover” feature, it’s time to provide a balanced perspective.

18.05 / 05:19

business Blockchain Hardware Wallet Hardware Ledger Cold Storage Q3 open GridPlus to open source wallet firmware in Q3 amid Ledger debacle

Amid fallout over Ledger’s controversial decision to allow private keys to be “recovered” from its devices, cold storage competitor GridPlus has announced that it will move to “open source” the firmware of its crypto wallets.

05.04 / 14:33

Blockchain Adoption Binance wallet Cold Storage Bitcoin Wallet Mobile Wallet Self-Custody Wallet Binance self-custody wallet launches crypto-to-fiat off-ramp

Trust Wallet, the noncustodial and multichain crypto wallet, has partnered with Ramp and MoonPay to introduce seamless crypto-to-fiat withdrawals for its users. The partnership will allow wallet users to convert crypto to fiat directly within the wallet app.

30.03 / 17:53

business Adoption wallet Hardware Wallet Ledger Cold Storage Crypto wallet provider Ledger raises $109M as demand for self-custody soars

Hardware wallet provider Ledger has raised 100 million euros ($109 million) in a Series C funding round extension, placing its valuation at 1.3 billion euros ($1.4 billion), in line with its previous funding in June 2021, Bloomberg reported on March 30. The funding is the first of three investment rounds.

14.03 / 15:19

Blockchain wallet security Cold Storage How a new cold wallet model may solve the mnemonic phrase dilemma

Part of the fear that first-time users experience when using cryptocurrencies is the security of their assets. Unlike fiat currency, which can be stored in a physical wallet, digital currencies must be held in the lesser-known digital wallet. What’s more, with the growing adoption of blockchain technologies, hackers are finding digital wallets an increasingly appealing target. Unfortunately, when it comes to security, cryptocurrency users must learn not only how to protect their assets, but also ensure that their passwords and mnemonic phrases aren’t lost or stolen.

05.02 / 13:51

Adoption Cold Storage Bitcoin Financial Is it possible to achieve financial freedom with Bitcoin?

Over the last 14 years, investors got attracted to Bitcoin (BTC) for many reasons— from fixing a flawed fiat economy and reaching the unbanked to diversifying portfolios. However, a large portion of the general public sees Bitcoin as a gateway to financial freedom amid growing fiat inflation and geopolitical uncertainties.

03.12 / 12:31

Altcoin Cold Storage Bitcoin safe How to keep your cryptocurrency safe after the FTX collapse

The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach was driven primarily by the lack of trust crypto investors have in the entrepreneurs after being duped by FTX CEO and co-founder Sam Bankman-Fried (SBF).

29.11 / 19:35

exchanges Cold Storage Bitcoin analysts FTX Fiasco boosts Bitcoin ownership to new highs: analysts weigh in

The bear market has inspired the little guy to accumulate vast amounts of Bitcoin (BTC). The number of wallets holding 1 BTC or more recently hit new highs while those with 10 BTC or less are setting accumulation records.

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