Introducing Cryptosteel: The World’s Safest Cold Wallet Storage
Poland based start-up Cryptosteel is taking Bitcoin key storage to a whole new level of safety. Cryptosteel is an offline cold wallet solution that allows you to record your private data and avoid having to share it with a third-party. Cryptosteel touts itself as the indestructible, stainless-steel wallet that lets you safely store your Bitcoins worry-free. Founder Wojciech Stopinski has combined his passion for Bitcoin and his skills in metalwork and design into Cryptosteel. Cryptosteel makes cold storage technology easily available to all Bitcoin users, requiring no online interaction,....
Related News
There are various ways to maintain bitcoin using cold storage techniques like a paper or a hardware wallet. Lots of these methods keep your cryptocurrency safe, but private keys and seed phrases need to be backed up in a secure fashion. One method of backup is called Cryptosteel, which can safely house private keys, BIP39 compatible seeds, and even....
Cold storage is perhaps the safest way to store your bitcoins (or any other cryptocurrencies) since cold wallets are kept offline. Anyone can send money to a cold wallet, but retrieving funds from cold storage isn't possible without physical access to the wallet, making this storage option a lot safer from online hackers. Many people print their private keys on paper, creating a "paper wallet". However, these types of wallets are susceptible to flooding, fires, ink wearing away, and more. Fortunately, CryoBit has created a more elegant solution - the Cryo Card. CryoBit claims to have....
Many security-conscious Bitcoin users consider cold storage - on a system physically disconnected from the Internet - as the safest way to store their coins. The downside is that, if you keep your coins on an offline PC at home, you lose access when you leave home. Enter Bitsmart Wallet, a cheap, secure, open source DIY hardware wallet prototype developed by Bitcoin entrepreneur and software developer Ronald Bell. The Bitsmart wallet is powered by two Raspberry Pi credit-card sized computers - one for cold storage and one for online transactions. In the picture, a prototype Bitsmart board....
Even the most robust and advanced platforms suffer from hacking attacks. DDoS attacks targeted Kraken, while there were attacks on a number of other popular bitcoin exchanged. More than 18,000 bitcoins were stolen from European bitcoin exchange Bitstamp earlier this year. Still, many bitcoin users rely on hot (online) wallets. Today, many bitcoin wallet platforms provide additional security measures and enhanced security protocols to protect user funds. Bitcoin wallet users could also implement the multi-signature technology, which distributes unique private keys (signatures) to more than....
Toronto-based company Decentral has been rolling out its “7 Days of Jaxx” by introducing a new feature service every day. Now, the company has announced the production of a new cold storage prototype they have built called Ice Cube — no relation to the rapper. Ice Cube Offers ‘Deeper’ Cold Storage. On May 31st, 2016, Decentral CEO and founder Anthony Di....