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Germany Federal Office urges use of hardware wallets as crypto theft rises


Germany’s Federal Office for Information Security (BSI) advised crypto users to secure their digital assets with hardware wallets.

In the LinkedIn post, the authorities declared hardware wallets the most secure method for storing digital assets, explaining that these devices can help to keep a user’s private cryptographic keys in offline or “cold” storage. This offline storage ensures the keys are secure until they are needed for a transaction.

The Information Security Office highlighted several risks associated with storing assets on third-party platforms like exchanges. Although…



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