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Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remaining. Go to Source
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives. Go to Source Powered by WPeMatico
Ledger Recover is an OTA firmware update, which would allow users to back up their seed phrases by third-party entities only if a user chooses to opt-in to the new service. Go to Source Powered by WPeMatico
If the words of a 12-word seed phrase are known, it’s deceptively easy to enter the wallet and sweep the funds. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up. Go to Source Powered by WPeMatico
