With the popularity surge that the crypto domain has seen in the past year, it is not unusual to meet casual investors who have purchased a small amount of BTC. Most of these individuals leave their holdings in an online wallet that is hosted by an exchange, thereby leaving their funds susceptible to hacking. The hacking of the Mt. Gox exchange is a recent example that springs to mind immediately. In that particular incident, hackers stole over 850,000 Bitcoin, worth nearly half a billion dollars even back then. Thus, when dealing with larger sums of money, it is best to make use of a
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Do you sleep easy at night, knowing how many thieves would love to steal your bitcoin? At this very moment, hackers are probing your cryptocurrency exchange for weaknesses. They’re gathering information about you – where you live, your pet’s name, your favorite football team – with a view to social engineering. They’re crafting malware laden […]
The post Five Ways for the Ultra-Paranoid to Store Their Bitcoin appeared first on Bitcoin News.
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