Definition ∞ Cold Storage Wallets are offline methods for securely storing cryptocurrency private keys. These wallets keep digital assets disconnected from the internet, significantly reducing exposure to online threats. Examples include hardware wallets and paper wallets, offering enhanced protection against hacking attempts. Their primary function is to safeguard substantial holdings from cyber risks.
Context ∞ News about Cold Storage Wallets frequently pertains to institutional adoption of cryptocurrencies or major security breaches affecting online platforms. Reports often highlight the importance of cold storage for long-term holding strategies and risk management in the digital asset space. The increasing use of these solutions by large entities underscores a growing emphasis on asset security within the broader crypto economy.
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