Tags: Private Keys

To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper.

Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information.

The risks of cryptocurrency self-custody are real and should not be underestimated, as the private key can be stolen, destroyed or lost.

Explore seven methods for safely storing your private keys to ensure security of digital assets.

BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improving security.

Open-sourcing crypto wallet designs offers some benefits, but there are trade-offs as well.

Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023.

In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.

Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives.

Ledger’s latest update — aimed at making private seed phrases on its wallets recoverable — was simply an attempt to innovate and improve user security.

Developers say third-party apps can’t access Ledger users’ keys without the device owner’s consent.

Wyoming’s new law ensures that courts won’t overstep their authority in requiring individuals to disclose their private keys.

Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen.

The U.S. state‘s House of Representatives approved the rules, which won‘t apply in cases where there is no alternative way to access the requisite information.

The only exception to the law will be where the public key is unavailable to disclose details of the digital asset, digital identities, interest or right.

While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions.

Crypto lawyers suggest including highly detailed instructions in one’s will and appointing a crypto-savvy next-of-kin, among other suggestions.

Exchanges should introduce decentralized finance to their centralized models to protect their customers and restore confidence in cryptocurrency.

Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps.