Navigating Security Risks of Cross-Chain Wallets for Crypto Payroll
With the rapid rise of digital currencies, the notion of using cross-chain wallets for crypto payroll has started to gain momentum. Yet, as we all know, innovation isn’t without its hazards. In this piece, I want to highlight the security vulnerabilities tied to these wallets when compared to the conventional banking approach, while also considering how they could reshape payroll structures.
Why Cross-Chain Wallets are Not Foolproof
Cross-chain wallets are handy tools that let people mix and match cryptocurrencies across various blockchains. But this convenience comes with its own set of security issues that greatly diverge from what we see in old-school banking. Here’s a closer look at these vulnerabilities you might want to be aware…
