Is Verge wallet safe?

As a cryptocurrency enthusiast, I'm curious about the safety of digital wallets, especially when it comes to Verge. With the rise of hacking attempts and cyber-threats, it's crucial to ensure that our digital assets are well-protected. So, is the Verge wallet safe? Does it offer robust security features like multi-signature transactions, cold storage options, or encryption methods? Are there any known vulnerabilities or past security breaches that users should be aware of? Additionally, does the Verge community actively monitor and update the wallet to address any potential security issues? Understanding these aspects is essential for making an informed decision about whether to trust the Verge wallet with our funds.