Cold Storage vs. Hot Wallets: Ultimate Security Guide

Cold Storage vs. Hot Wallets: Ultimate Security Guide

<h1>Cold Storage vs. Hot Wallets: Ultimate Security Guide</h1> <h2>The Critical Dilemma: Convenience vs. Security</h2> <p>A 2023 Chainalysis report revealed that <strong>$3.8 billion</strong> in crypto was stolen from hot wallets last year, with exchange breaches accounting for 72% of losses. Consider the infamous Mt. Gox incident where 850,000 BTC vanished from online wallets. This stark reality…