After another jump in the price of major cryptocurrencies at the end of 2020, crypto enthusiasts began to mine, sell and buy currencies with renewed vigor — which means that nowadays, the topic of custodying cryptocurrencies is more relevant than ever. But unlike the past bullish waves, this time many users are also concerned with how to protect their assets. The blockchain industry is developing, and traders have become noticeably smarter, but scammers and thieves have also become much more agile. This is also indicated by the period appearance of news related to exploits and rug pulls, not only regarding …

A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years. According to a post from Redditor btcbible, the Bitcoiner ordered a pizza on Dec. 28, 2013 and gave the delivery driver two options for his tip: a $5 bill, or 0.0069 BTC on a paper wallet. The value was roughly the same at the time, given the price of the crypto asset was $774. However, the driver reportedly contacted btcbible this week for help on getting the funds into a hot wallet. With Bitcoin’s recent rise to a …

Whether it’s from hackers, thieves, or simple carelessness, one of the biggest threats to Bitcoin safety is wallet security. An Austrian research and development startup, however, is trying to bypass some of the greatest digital currency dangers by moving Bitcoin wallets off electronic gadgets completely and onto the old-school stuff: paper. A bit of technology (in the form of a USB device and a printer) is still obviously required, though the development team at Megion Research and Development say the process is simple. “Paper wallets are created in 3 simple steps,” When the USB is plugged in, it creates a …