The landscape of crypto wallet security has evolved significantly over the years. In 2024, the discussion around wallet security took center stage due to Ledger’s introduction of the “Ledger Recover” feature. This controversial subscription service allows users to back up their private keys by splitting the seed phrase into encrypted shards distributed among multiple custodians. […]
Crypto scams have become a serious threat to wallet owners, especially as phishing techniques grow increasingly sophisticated. In a December 2024 report, the FBI highlighted that phishing scams targeting cryptocurrency users increased by a staggering 60% compared to 2023. The common modus operandi involves impersonating legitimate wallet recovery services or exchanges to deceive users into […]