Shiba Inu’s lead developer urges the community to buy cold wallets only from certified manufacturers; Tangem teases the arrival of Shiba hardware wallets.
With the rise of scams in the crypto community, Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), recently took a moment to address a crucial aspect of crypto security – cold wallets.
Kusama’s advice was straightforward and resolute: “Don’t ever buy a cold wallet from anyone except the certified manufacturer directly.”
Security Sidenote: IMHO, Don't ever buy a cold wallet from anyone except the certified manufacturer directly. #STAYSAFE
— Shytoshi Kusama™ (@ShytoshiKusama) July 19, 2023
Kusama’s reminder comes at a crucial time, given the soaring popularity of cryptocurrencies and the relentless attempts by malicious actors to exploit vulnerabilities in the digital realm. Particularly, the developer’s message emphasized the significance of taking extra precautionary steps when acquiring cold wallets.
A cold wallet, otherwise called a hardware wallet, is a physical device offering an offline and secure method to store private keys, safeguarding cryptocurrencies from online threats. Cold wallets have become an indispensable tool as long-term crypto investors and enthusiasts prioritize the safety of their holdings.
Kusama highlighted the importance of purchasing directly from reputable manufacturers to minimize risks associated with obtaining cold wallets from unknown sources or third-party vendors.
The tweet garnered positive responses from the crypto community, with many expressing gratitude for the timely reminder. Bad Idea Ai, a distinctive AI meme token, also echoed the sentiment, supporting Kusama’s message and urging users to remain vigilant in their crypto endeavors.
From the @badideaai team , we approve this message , stay safe out there, Thank you @ShytoshiKusama #artificalintelligence @OpenAI #Ai #BadBrigade #blockchain + #ai + #dao #BADIDEAAI https://t.co/2mkRgfCISz
— Bad Idea Ai (@badideaai) July 19, 2023
Shiba Inu Cold Wallet Arrival
Meanwhile, in a related development, Tangem, a provider of next-generation hardware wallets, teased an exciting update.
The team shared a short clip on Twitter showing a Shiba Inu branded box, hinting at the incoming Shiba hardware wallets, a move that further bolsters the security options available for Shiba Inu holders.
Well, well, well… see who is coming next week ?
Get yours right now: https://t.co/lHeFnFTVcC
WOOOF! pic.twitter.com/ZdzOk8bnVL
— Tangem (@Tangem) July 19, 2023
As The Crypto Basic reported early this month, the Shiba Inu community will start taking delivery of the Tangem cold wallet later this month.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.