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What To Do If Your Hardware Wallet Breaks? First: Don’t panic, you can still recover your funds. Then read this guide and see how. Introduction One of the most effective ways to safeguard your cryptocurrencies is by using a hardware wallet. These dedicated devices provide an extra layer of security by storing your private keys […]
Introduction In the world of cryptocurrencies, security is of utmost importance. One of the key components in securing your digital assets is protecting your wallet’s seed phrase. But did you know that you can add an extra layer of security to your wallet by using a BIP39 passphrase? A BIP39 passphrase is an optional phrase […]
I. Introduction Just picture this: You’ve recently delved into the fascinating world of cryptocurrencies. You’ve got some Bitcoin, maybe a little Ethereum, and you’re keeping it all in a shiny new digital wallet. But do you ever wonder where your coins really are? If you think they’re stored in your digital wallet, well, you’re not […]
I. Introduction Cryptocurrency ownership is about more than just buying and selling digital assets; it’s about maintaining the keys to your financial kingdom, known as the seed phrase. In the complex world of blockchain and crypto, a seed phrase serves as the backbone of your wallet security, acting as a master key to your digital […]
I. Introduction A wave of digital transformation has been sweeping across the globe and the world of finance hasn’t been immune. At the heart of this transformation are cryptocurrencies – digital or virtual currencies that use cryptography for security. Bitcoin, Ethereum, and a multitude of others now populate this crypto-universe, with their decentralized control distinguishing […]
I. Introduction Welcome to the world of cryptocurrency, where words like ‘derivation path’ float around as if they were as commonplace as ‘wallet’ or ‘transaction.’ But what exactly is a derivation path? Put simply, a derivation path is a ‘route’ or ‘direction’ that your Hierarchical Deterministic (HD) wallet uses to generate new addresses. Think of […]
Introduction There is one crucial element that keeps your coins and tokens safe and secure: the seed phrase. It’s a mainstay of the cryptocurrency industry and for good reasons, which we’ll cover below. This blog post will walk you through the ins and outs of seed phrases, their importance, and how they work to safeguard […]
Introduction – two bestselling hardware wallets compared In the past few years, investing in cryptocurrencies like Bitcoin, Ethereum, and Litecoin has become popular. Many people do this to diversify their portfolios. But as cryptocurrency becomes more popular, theft and fraud become more likely. Cryptocurrency is kept in digital wallets, which can be hacked or otherwise […]
