Security (63)

Have you ever been sent a direct message on your preferred social platform, asking you to join an airdrop? Did you later realize that the name seemed suspicious, with a "1" instead of an "i"? These scams artfully blend technology with psychological tactics to exploit the unwary. Common strategies include offering unrealistically high returns on your deposited funds, stealing sensitive personal information for extortion, and creating elaborate phishing schemes that mimic legitimate crypto platforms.

Cryptocurrencies empower us to take charge of our assets, yet this power requires responsible choices. You have many options for managing your digital assets: trusting an exchange, opting for custodial services, or embracing self-custody. In this article, we navigate the landscape of self-custody, providing insights into practical methods for securing and managing your crypto assets independently.

Have you ever wondered why so many people are intrigued by the XMR cryptocurrency? Originating as an integral part of the Monero project, XMR stands out for its commitment to privacy, empowering users to conduct transactions anonymously. This privacy-centric token is built on the robust and innovative technology of the Monero blockchain, which applies cryptographic techniques to shield transaction details.

The cryptocurrency adoption rate is progressing rapidly, with more people turning to crypto assets every day. Digital assets offer countless benefits and improvements upon traditional financial systems, so this is nothing surprising or new. However, in order to switch to cryptocurrencies, one has to first properly prepare. In other words, crypto users need to educate themselves on all the details about crypto, primarily on securing their funds.

As Web3 continues to evolve at pace, the onchain ecosystem is flourishing, with rising numbers of users participating in onchain transactions and other activities. Simultaneously, various onchain scams are emerging, with fraudsters tricking users into authorizing transactions or revealing their keys to steal assets.

You may have heard the phrase “[not your keys, not your coins](/learn/proof-of-keys).” In the crypto world, this phrase refers to self-custodying your crypto by taking ahold of your private keys, so t

Crypto theft exists for a reason — it is arguably the most profitable and hardly traceable due to the nature of blockchain. Malicious attempts to get hold of your digital assets might look legit at so

An in-depth consideration of Ethereum’s position as the dominant smart contract network (and how its scaling woes may threaten it) Beyond metaverse mania and NFT madness, one of 2021’s dominant themes

You may have heard the phrase “not your keys, not your coins” uttered in the cryptocurrency industry before. The keys being referred to here are private keys — a secret number used in cryptography — w

The rise of cryptocurrencies and [blockchain technology](/learn/what-is-blockchain-address) has led to the emergence of various trends and revolutionary technology. Decentralized finance (DeFi) is a p

An introduction to the types of digital currency storage solutions available and the pros and cons of each Takeaway The main difference between a cold wallet and a hot wallet is that the former does n

Nic Carter, General Partner at Castle Ventures and chief Proof of Reserves evangelist, joined Lennix Lai, Managing Director of Global institutional at OKX, and Haider Rafique, Global Chief Marketing O

Self-custody wallets have often been touted as a great way to keep your crypto safe, and for good reason. By taking your crypto off of centralized exchanges and holding your own private keys, you reduce the risk of hacks, scams, and theft. And instead of trusting another entity to protect your assets, you get to act as your own "bank," where you are in complete control of your assets. Self-custody isn't for everyone, though, and it comes with some real limitations. Here's what you need to take into account when weighing in wether or not to self-custody your crypto.

The digital currency industry is known for many reasons, not all of which are positive. Despite its positives and technological advancements, it is a prime target for hacks, scams, frauds, security breaches and theft. Even though cryptocurrencies managed to increase their networks’ security through decentralization, they are not immune to these threats. What’s more, bad actors seem to be getting more and more innovative with their approaches.

As the world of cryptocurrency continues to grow, more and more users are entering the market and handling their digital assets. One critical aspect of managing these assets is the seed phrase, a uniq