The Hidden Risks of Crypto Payroll in the Crypto Landscape
Hot vs. cold wallets – it’s a crucial topic in the crypto landscape, especially with the recent theft of $3 million XRP. If you’re even a casual observer of the crypto market, you know this isn’t the first time an incident like this has happened, and it definitely won’t be the last. But are you aware of how crucial it is to understand wallet configurations and security practices? Let’s dive into the hidden risks of crypto payroll systems.
The Vulnerability of Hot Wallets in Crypto Payroll Systems
Hot wallets are always connected to the internet, and that’s a major red flag. While they allow for faster transactions, they’re also sitting ducks for hackers and malware. Recent examples include the Atomic Wallet hack in 2023, which…