Crypto Wallets

Recently, ThreatFabric identified a new variant of the Cerberus Trojan. Cerberus Trojan steals 2-factor authentication codes produced by the Google Authenticator app for internet banking and crypto exchanges. ThreatFabric is a cybersecurity firm specializing in financial industry threats. As per the reports, Cerberus Trojan was identified in June 2019, thus taking over from the infamous Anubis Trojan as the significant banking malware. Nevertheless, the threat lacked features that could allow it to lower its detection. In mid-January 2020, reports noted…

Cryptocurrencies were created to be used in a peer-to-peer transactions, according to the whitepaper of Satoshi Nakamoto. This led to several cryptocurrency wallets by famous companies like Multibit, Electrum, Blockchain.com, Trust, ImToken, Coinomi, etc. Together with all the rest, these wallets have played a significant role in making crypto transactions easier. On the other hand, care must be taken when downloading a mobile wallet, as many fake ones are out there to steal users' funds. On the other hand, cryptocurrency…

The annals of the crypto industry are flooded with numerous security breaches, which led to the loss of vast amounts of money. Mention a few cases of Mt. Gox, Coinrail, Cryptopia, etc., which have contributed to the slow mass adoption of cryptocurrencies. Storing private keys on online computers or interacting with websites are some routes through which hackers steal the funds of crypto users, hence the need to keep private keys offline or in a cold state. On the other…

As easy as you may think, trading is merely buying and selling goods; well, trading in cryptocurrency is the same but a lot harder. Even so, the profits you can generate through crypto trading are worth all the hassles. But first, you must be familiar with and understand all the basics of crypto trading before deciding to invest highly.  Many investors have testified to the benefits of trading in cryptocurrency. Thus numerous traders have flooded the market, hoping they can…

Monero is a privacy-centered cryptocurrency built on the principles of blockchain technology. It was initiated to ensure user privacy is at the heart of all development. And that is precisely what makes development on the platform much more complex and time-consuming. This complexity had formed a gap in the wallet market, as most developers did not come forward to develop user-centric wallets that supported Monero. That is until Cake Wallet! What is Monero? And Why is it so complex? Monero (XMR)…

A hardware wallet is the most secure method of storing and transacting cryptocurrencies. The Ledger company has various hardware wallets, with the Ledger Nano S being the most popular, secure, and economical one. Regarding hardware wallets in cryptocurrency, Ledger Nano S is the best wallet considering its high-level security for digital currency transactions and even blockchain.  The wallet’s major function serves as a secure safeguard for both company and individual crypto assets. In addition, with the support of highly integrated…