Private Equity Moris Beracha Wuani

Is it better for you to store your cryptocurrency tokens in a hot or cold wallet? What is the difference between the two? In this, we explore. Written by Becky Leighton Before we look at the different types of storage methods available for Bitcoin and other cryptocurrencies, we should define what a “cryptocurrency wallet” is exactly. What is a cryptocurrency wallet? A cryptocurrency wallet is a method of ‘storing’ cryptocurrency. Kind of. The term “wallet” might be a bit deceptive, as it doesn’t house cryptocurrency tokens in the same way that a normal wallet – or even regular bank account – does for your money. You can’t “get Bitcoin and put them in your wallet” but you can get Bitcoin and hold them securely using your wallet. Essentially, a wallet doesn’t keep your tokens safe, but it does look after  the key  you use to get your tokens. How does a cryptocurrency wallet work? A cryptocurrency wallet stores both the private and public keys of a c...

By Yogita Khatri Opera now lets Android users buy ethereum’s ether (ETH) cryptocurrency directly from its browser-based wallet, it announced Wednesday. For the new service, Opera said it has partnered with regulated crypto brokerage Safello to provide the cash-to-crypto exchange. The feature allows payments with credit and debit cards, along with “trusted” payment networks including Swish in Sweden. At launch, ether purchasing is available only in Sweden, Norway and Denmark, however. Safello – which is registered with Sweden’s Financial Supervisory Authority – will verify users who make purchases using Sweden’s BankID and Denmark’s NemID citizens’ identity solutions. Topping up a wallet with ether should take “less than a minute,” according to Opera. Charles Hamel, Opera’s crypt product lead, said: “We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and e...