Brainwallet Explained: How It Works and Why It Matters
A brainwallet stores private keys derived from a memorable passphrase, letting users control funds without hardware. Experts warn against weak phrases and urge best practices to prevent theft.
crypto risks
What Is a Shitcoin? A Guide to Risky Altcoins
Shitcoins are speculative altcoins with weak fundamentals, often driven by hype and pump-and-dump schemes. Investors face extreme volatility, low liquidity and high fraud risk – due diligence is essential.
‘Major Wake-Up Call’: How $400M Coinbase Breach Exposes Crypto’s Dark Side
The recent $400 million breach at Coinbase serves as a stark reminder of the vulnerabilities within the crypto landscape. As the industry matures, this incident highlights the urgent need for enhanced security measures and regulatory oversight to protect users.
Custodial Wallets Explained: Balancing Convenience and Risk
Custodial wallets offer users convenience by storing private keys on their behalf, simplifying access to cryptocurrencies. However, this convenience comes with risks, including potential losses if providers face hacks or insolvency, making security awareness essential.