Tag: Cryptocurrency wallets

How to Safeguard Your Cryptocurrency Wallets!

Steps to Pick the Best Bitcoin Wallet for Android!

Recently, bitcoin increased its value, and it reached the all-time highest price in November. However, it was 2021, and there were a lot of swings in the different digital cryptocurrencies and cryptocurrency wallets throughout the year.

Due to these fluctuations in the prices, it attracted investors and some cybercriminals. Since the inception of 2009, multiple hacks have occurred in the cryptocurrency space and cryptocurrency exchanges.

Continue reading “How to Safeguard Your Cryptocurrency Wallets!”

Bitcoin Software Wallets and Their Security!

Tips to Secure Your Digital Wallet!

Let’s talk a bit about cryptocurrency wallets. When we mention cryptocurrency, we’ll primarily be referring to Bitcoin. Other cryptocurrencies work in a similar way, and if you’re interested in the specifics, you can look them up on your own.

Despite the ongoing hype surrounding cryptocurrencies and blockchain as a technology, I feel like very few people actually talk about security.

Everyone focuses on the various benefits of blockchain technology, discussions about mining, and the price fluctuations of cryptocurrencies, while security remains critically important — especially when it comes to money or decentralized property ledgers.

Below, we’ll go over cryptocurrency wallets and their security. The more I delved into this topic while writing this article, the more surprised I was that there aren’t more hacks and thefts targeting Bitcoin users. But let’s take it step by step.

Continue reading “Bitcoin Software Wallets and Their Security!”