Is my money safe in crypto?
Could you please elaborate on the safety of funds in the cryptocurrency sphere? I'm interested in understanding the measures taken to safeguard investors' monies. Are there any regulatory frameworks or security protocols in place to ensure the safety of digital assets? What are the potential risks associated with investing in crypto, and how can they be mitigated? Also, how do crypto exchanges protect their users' funds from hacks and theft? I'm keen on understanding these aspects before making any investments in this domain. Thank you.
Which crypto wallet is the safest?
Which crypto wallet should I choose if I'm looking for the utmost safety? Is there a specific wallet that stands out in terms of its security features? Could you recommend a crypto wallet that has a proven track record of protecting users' funds? What are the key factors I should consider when evaluating the safety of crypto wallets? Is hardware wallets generally considered safer than software wallets? And if so, why is that the case? Could you also explain the difference between hot and cold wallets, and which one offers better security? Additionally, how can I ensure that my chosen wallet remains secure even as the crypto landscape continues to evolve?